After having weathered two crisis-filled years the beef supply chain is rebounding. Economist Jayson Lusk of Purdue says the cattle industry is doing very well with cattle prices on the rise while consumer demand grows.
Rabo Agrifinance analyst Dustin Ahern, speaking this week before a House Finance Committee, said beef prices should continue to improve through this second half of this year and beyond. The lawmakers heard suggestions to lessen the chances of future ag chain disruptions. One involved improved cyber-security measures.
A witness described the food system as the most interconnected system within the critical infrastructure and therefore vulnerable to cyber intrusion.
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