GFM Network News

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Southern Plains drought slows U.S. cattle herd growth

Chicago | Reuters — Encroaching drought in the U.S. southern Plains contributed to the smallest rise in the nation’s cattle population in three years, analysts said after the government’s semi-annual cattle inventory report on Wednesday. Insufficient moisture in parts of Texas and Oklahoma, along with areas of persistent dryness in the northern Plains, hurt winter […] Read more

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Aggressive herd expansion reverses shrinking U.S. cattle supply

Chicago | Reuters — Affordable feed and record-high spikes in cattle prices in 2014 encouraged U.S. ranchers to increase their herds at a faster pace than previously expected during the past year, analysts said in response to a government yearly cattle report on Friday. Expansion efforts by producers helped turnaround the seven-year decline in the […] Read more