Courtesy of The Maxfield Report

www.themaxfieldreport.com

The USDA’s January cattle inventory survey said there were 90.8 million cattle in the US at the start of 2012. Fewer than the year before and the lowest cattle inventory since 1952. The 2011 calf crop was put at 35.3 million head, down 1.1% from the year before, and is down for the 16th consecutive year, resulting in the smallest calf crop since 1950.

Share this story: