CattleFax market analyst Kevin Good says Friday’s cattle inventory report came out about as expected.
“It would suggest that the beef cow herd plateaued about 12 months ago and actually declined by one percent—and there were a few less dairy cows as well,” Good says. “So from a long-term perspective, it points to a flatter cattle and supply situation over the next couple years.”
Good sees several factors contributing to the decline, including
tough weather in the High Plains last spring and a dry fall in the Southern Plains.
Continue reading CattleFax’s Kevin Good looks at the cattle inventory report at Brownfield Ag News.
