date:Jan 31, 2013
pressure on farmers to plant additional acres to corn and soybeans rather than growing hay. Expectations are for a very large corn crop on about 99 million acres in 2013. Forecasts are for a near-record soybean crop as well.
High feed costs have led to herd liquidations in the last two years estimated at between 4% and 5% of the total number of live cattle, Mr. Robb said. The U.S.D.A. will release its latest Cattle Report on Feb. 1, which will offer current statistics on inventories of animals