US Cattle Herd Continues To Drop: ‘New Record Low’

US Cattle Herd Continues To Drop: ‘New Record Low’

AFP The USDA‘s January Cattle Inventory report showed a slight decline in the cattle herd nationwide, reaching record low levels. As of January, the total number of cattle and calves was 86.7 million, down by 1% from last year, reported Market Intel. The beef herd has shrunk 40% since 1975 to the smallest size since…

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US Beef Herd Is Smallest Since 1961

US Beef Herd Is Smallest Since 1961

Depressed beef U.S. prices, severe droughts and increasing costs have shrunk America’s cattle supply to its lowest level since 1961 — and President-elect Donald Trump’s policy plans probably won’t help the industry, according to a report Monday. America’s cattle herd size has dropped nearly 40% from the last peak in 1975. The latest down cycle…

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