More signs that producers are rebuilding cattle herds

Ranchers and feeders are sending fewer beef heifers to slaughter, “likely a result of producers retaining some extra heifers for breeding purposes,” said the USDA’s Livestock, Dairy and Poultry Outlook report, citing “further signs of cow-herd rebuilding.” Beef herd numbers were at historical lows recently. Heifers accounted for 35 percent of cattle slaughtered in January, down 2… » Read More