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U.S. Cattle Inventory Smallest in 73 years

Editors Note: This article was brought to the PCN's attention by Marko Manoukian, Secretary/Treasurer of the Phillips County Livestock Association.

USDA's January and July Cattle Inventory reports, released toward the end of each respective month, provide the total inventory of beef cows, milk cows, bulls, replacement heifers, other steers and heifers, and the calf crop for the current year. With drought and high input costs compelling farmers to market a higher-than-normal percentage of female cattle, the most recent cattle inventory dropped to lows not seen in decades. This Market Intel w...

 

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