Cattle Cycle
Brenda Boetel, Professor, Department of Agricultural Economics, University of Wisconsin-River Falls The semi-annual Cattle report was released on January 31, 2020. The report showed what many analysts had already been saying; the total number of cattle and calves in the USA was at 94.4 million head, slightly down from January 2019’s number of 94.8 million head. This number indicates that the industry has entered into the liquidation phase of the cattle cycle. But…