Combined U.S./Canada livestock herd lower

The combined U.S. and Canadian livestock herds were smaller at the start of 2022 than at the start of 2021.

The joint report by the USDA and Statistics Canada shows a 2% decline in the combined cattle inventory to 103 million head, due to several factors, including higher feed costs and drought in parts of the U.S. Plains and Canadian Prairies. That included decreases of 2% in the U.S. and 1% in Canada.

…