Animal Pharm, IEG Vantage - Beef
24 Feb 2020
There were hints that the expansion phase of this most recent cattle cycle was ending. Into the beginning of 2019, the US cattle herd had grown 7.4 percent (or 6.6 million head) from the six-decade low at the start of 2014. But then the July 1, 2019, inventory report showed fewer total cattle, fewer beef cows and fewer beef heifers being kept for herd replacement.