PUEBLO, Colo. (AP) – Ranchers in southeastern Colorado are cutting their cattle herds because of drought and high feed costs.
Pueblo County Stockman’s Association president Dan Henrichs says the glut of cattle on the market is starting to drive down prices for cattle, even though hamburger and steaks sell for more in the stores.
Ranchers tell the Pueblo Chieftain prices for hay and corn are high and there is little choice other than to reduce the size of herds.
(Copyright 2011 by The Associated Press. All Rights Reserved.)