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This is the lowest cattle inventory since the series began in 1973; meanwhile cattle inventory in feedyards is up 3%.
Drought always presents a major challenge, but there are ways to get through it and survive another year.
A Rabobank report examines potential for Lean Finely Textured Beef to recover its position in U.S. food supply.
Take advantage of strong cattle prices by implementing a market plan now to stay ahead of drought-forced sell-offs and the fall run.
Currently, cattle movement is limited to shuffling to new pastures, with no major herd sell-offs occurring yet.
Dry conditions continue to challenge farmers and their ability to keep forages growing and productive.