date:Jul 31, 2012
In 2011, it was centered primarily in the Southern Plains. But this year, 70 percent of the US cattle inventory is located in regions of drought, claims Kevin Good, senior market analyst for CattleFax during the recently held National Cattlemens Beef Association summer conference in Denver.
The widespread drought has ultimately led to the worst pasture conditions in the past 15 years, he said. The US calf crop is down 800,000 head. The bottom-line, when all is said and done, the cattle herd wil