Purdue Economist forecasts 2–3% drop in U.S. beef cow herd

Purdue Economist forecasts 2–3% drop in U.S. beef cow herd

AgriMarketing

Purdue University ag economist Chris Hurt predicts U.S. beef cow numbers will be two to three percent lower in the January cattle inventory report.

Hurt says the drought has been particularly cruel to the beef cattle industry. Poor pastures combined with high feed prices have caused many producers to reduce their herds.

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