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The U.S. cattle herd is the smallest it’s been in a long time. Lance Zimmerman, senior beef and cattle market analyst for Rabobank, says producers are still contracting their herd sizes.
The U.S. cattle herd is the smallest it’s been in a long time. Lance Zimmerman, senior beef and cattle market analyst for Rabobank, says producers are still contracting their herd sizes.
The USDA’s July 1 Cattle on Feed Report showed the lowest number of U.S. beef cattle in a decade.