Re-instated July Cattle Inventory Shows Continued Herd Contraction

By Bernt Nelson

American Farm Bureau

Reinstated after its 2024 cancellation, USDA’s July Cattle Inventory report offers a critical midyear snapshot of the U.S. cattle herd, including an estimate of the year’s calf crop. Released alongside the monthly Cattle on Feed report, the two datasets together provide a more comprehensive view of supply trends and herd dynamics — key themes explored in this Market Intel.

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LivestockAllie Shipley