US Cattle Herd Shrinks to 73-Year-Low in Blow for Beef Lovers
“American ranchers have for the past four years been culling more cows than they were retaining for breeding because of persistent droughts, surging feed costs and elevated interest rates. While improved pasture conditions and attractive prices are starting to encourage them to change direction, herds aren’t expected to start rebounding before at least 2026, said Lane Broadbent, president of KIS Futures Inc. in Oklahoma City.”
finance.yahoo.com/news/us-cattle-herd-shrinks-73-201317215.html
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