Shrinking Cattle Herd May Continue Until Fall of 2024
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. “Yeah, we are. 2023 will be the fourth year of cowherd contraction. By the time we get our January 1 cattle inventory report, I’d […]