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U.S. cattle herd growth to five-year high spells cheaper beef ahead

Chicago | Reuters — Beef prices will keep trending lower, analysts said after the government’s semi-annual cattle inventory report on Friday showed the U.S. cattle herd as of Jan. 1 grew three per cent from a year ago, to a five-year high. Healthy pastures, more-affordable grain and record-high cattle prices a year ago encouraged ranchers […] Read more