May Report Shows Feed Lot Contraction Continues
Continued contraction in the nation’s cattle feed lots. The numbers from USDA’s May Cattle on Feed Report show cattle inventory for May 1… “An estimated 11.55 million head of cattle were in feedlots with over 1000 head capacity. That’s 1% less than a year ago. During the month of April, 1.66 million head of cattle […]