Liquidation of U.S. Cattle Herd Continues
America’s cattle herd shrunk for a third year in a row last year, a fact that likely doesn’t surprise farmers and ranchers in the drought-stricken Plains. All cattle and calves in the USDA’s semi-annual Cattle Inventory report totaled 91.9 million as of January 1, 2022, -2% smaller than last year’s 93.79 million and the smallest …