United States-Feed lot numbers decline.

UNITED STATES.

FEED LOTS DECLINE..

The United States Department of Agriculture, are concerned about the fifth month of decline, in the number of cattle being grain fed in feed lots.

Figures for August, showed 9,997 million cattle being fed in yards, which is a 26% decline in light cattle from 2007, however there is a 13% rise in heavy cattle.

This figure indicates that with the high cost of feed, cattle are being left on grass for a longer period.

The number of grain fed beef declining, will have a knock on effect of the price of grain fed beef in supermarkets.

The report says "The current price consciousness of the US consumer, due to a weak economy, could limit any upward price movement".