US cattle herd at 61-year low
04/02/2013
The US cattle herd shrunk for a sixth consecutive month due to high feed costs tied to drought, according to Reuters. On January 1 the herd was 89.3 million head, down 1.6% from a year earlier and the smallest US herd since 1952. However, ssome ranchers are beginning to retain female breeding stock, the foundation for herd rebuilding, possibly...