Consolidation in the cattle sector continues into 2014. The herd remains stable, as increases in heifer retention are offset by sustained cow slaughter. Cattle exports will mildly decline, beef production keeps steady, while beef trade stays modest. Yet again, market conditions will not propel any expansion in the hog sector. The sow herd remains stable into 2014, hog exports will show a soft increase, and foreign markets will continue to drive pork production and exports.
