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Bloomberg has a fascinating story about how DNA testing has come to the cattle business, transforming it so that high-end beef has become “the vast majority of U.S. herds in recent years. Lower-quality beef is forecast to all but vanish from the U.S. market, while the highest-quality, once a rarity, is common enough that retailers like Costco Wholesale Corp. stock it.”

Essentially, “cattlemen can pick out superior calves better than they ever have, as DNA testing gets cheaper and projections get more accurate.” Bloomberg suggests that this use of statistics is doing for the beef business what “Moneyball” did for baseball.

You can read the story here.
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