Cattle Inventory Report Reflects More Expansion Than Anticipated

Posted on 03/09/2017 10:19 AM
Nearly every category in USDA's Cattle Inventory Report came in higher than expected, showing the U.S. cattle herd expanded more than anticipated during the past year. The U.S. cattle herd as of Jan. 1 was 1.667 million head (1.8%) larger than the previous year and 585,000 head more than traders expected. The 2016 calf crop at 35.083 m...