“The five-year low for cattle on feed continues this month,” said Feedstuffs in a story about the report. It said the number of heifers sent to slaughter during August was down 12 percent from August 2013, a sign that ranchers were holding on to breeding cattle to rebuild herd size. “However, the overall inventory of heifers in the United States will still clock in lower than previous years,” said Feedstuffs.