Beef industry to largely weather the effects of mid-February snowstorms
At this time, consumers are not likely to experience any sudden spike in beef prices brought on by mid-February snowstorms. The beef industry itself will be weathering the consequences, said Oklahoma State University experts.
“Cold weather robs production, but the overall effect shows up more as increased costs to cattle operations, feedlots and processors than prices at the grocery store,” said Derrell Peel, OSU Extension livestock marketing specialist and holder of the university’s Charles Breedlove Professorship in Agribusiness.