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In today’s report the authors discuss the fast pace of herd expansion due to excellent pasture conditions, lower feed prices and favorable economics. Expansion is occurring more quickly than it has in the last 15 years. Total cattle slaughter is lower compared to a year ago and dramatically lower than what it was in 2012 and 2013 – this has been largely due to fewer females in the mix (herd rebuilding/herd preservation) and to a lesser extent because of a smaller calf crop overall. For the complete report go to HerdExpansion_dlr 07-14-15.