Texas cattle producers are seeing fewer dollars in their pockets as prices remain low, while the Texas beef herd has hit an eight-year high of 4.65 million. Beef cattle and calves are the state’s top agricultural commodity and generate sales of more than $10 billion annually in Texas. Prices for Texas feeder steers averaged $145 per hundredweight, depending on weight and quality, according to the U.S. Department of Agriculture. That price is about $5 per hundredweight lower than the same time last year and about $33 per hundredweight lower than the five-year average. Prices dipped even further in mid-May and mid-August this ...