U. S. Cattle Herd Smallest In Seven Years

The U. S. feedlot cattle supply is the smallest in seven years, the U. S. Agriculture Department reported May 19, confirming trade forecasts. USDA reported there were 10.864 million cattle in feedlots on March 1, down three per cent from a year ago, and the smallest number since March 2003. U. S. fed cattle prices are now the highest since October of 2008.

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