Contracting beef herd could be trend that stays a while
From drought to high interest rates to farmer age, many factors are behind the shrinking number of cattle in the Midwest.
Source: agupdate.com
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From drought to high interest rates to farmer age, many factors are behind the shrinking number of cattle in the Midwest.
USDA released a bearish Cattle on Feed report in October, showing cattle on feed at 11.5 million head.
USDA released a bearish Cattle on Feed report in October, showing cattle on feed at 11.5 million head.
Bernt Nelson, American Farm Bureau Federation Economist, says the USDA Cattle Inventory Report showed a larger decline than analysts expected.
The USDA’s July 1 Cattle on Feed Report showed the lowest number of U.S. beef cattle in a decade.