DROUGHT impact has seen the US beef cow herd slump to its lowest level in 51 years, a report issued this week by the US Department of Agriculture shows.
Years of drought, high feed costs and relatively low cattle prices have forced US ranchers to send cows to slaughter over the past few years, leading to a steep reduction in national herd size.
There were 29.4 million beef cows in the US as of July 1, down another 2.6 percent from this time last year, the USDA’s biannual herd report said – the lowest July number since 1971. The result was the fifth consecutive year of declining beef…
