USDA’s semi-annual cattle report was issued today. The inventory of all cattle and calves in the U.S. as of 1 January was 86,155,300 head, slightly below—or about 316,900 head fewer than—the 86,472,200 head on 1 January 2025.
This year showed the seventh consecutive annual decline since 2019. Ultimately, that puts the cattle herd down 2 percent from the previous low point in 2014. The total cattle-on-feed inventory for all size feedlots is 13,847,900 head, which is 97 percent of last year. The biggest drop was recorded in Texas, with just 91 percent of last year. Cattle in the pipeline, or those grazing on small grain pasture in the Southern Plains (three-state total of Kansas, Oklahoma, and...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
