beef cows and calves steve everts/iStock/Thinkstock

LIVESTOCK MARKETS: Capacity prepared for U.S. beef expansion

Expansion slowing but will continue.

As the U.S. beef cattle herd expands over the next two years, beef production is projected to keep pace and increase another 3-5% in 2018 and 2019, according to a new report from CoBank's Knowledge Exchange Division. Strong profitability and years of excellent pasture conditions provided the strong footing that has spurred the expansion.

"The beef herd expansion we've seen from 2014 to 2017 has been the most aggressive three-year start to any expansion on record," said Trevor Amen, an

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