A BIGGER than expected drop in the US herd may offer a small reprieve for Australian beefexporters facing falls in Japan and Korea, analysis suggests.The US industry is still reeling after a USDA report counted beefcattle numbers at their lowest in 60 years.In its twice-yearly cattle report, the USDA pegged cattle and calves in the US as of January 1 at 90.8 million head, 2.1 per cent below the 92.7m a year ago and the lowest January 1 inventory of all cattle and calves since the 88.1m on hand in 1952.
November 19, 2020 11:34 PM
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