Last year’s USDA Cattle Inventory Report showed the smallest cattle herd in 73 years. And with no strong signs of rebuilding underway, along with strong prices providing no incentive to retain heifers, agricultural economists think the U.S. cattle inventory has shrunk even more since last year.
Last year, USDA’s Cattle Inventory report showed as of Jan. 1, 2024, the All Cattle and Calves inventory was 87.15 million head, a 2% reduction in just a year. Ahead of the 2025 report, the January Ag Economists’ Monthly Monitor asked economists to project inventory as of Jan. 1, 2025.
50% said they expect inventory to fall to 86 to 86.9 million head.
20 percent expect inventory to remain similar to levels last year
Tyne Morgan
January 30, 2025 02:14 PM
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