USDA's January Cattle Inventory Report

SOURCE www.ibtimes.com
The USDA's January Cattle Inventory report shows a decline in the national cattle herd to record low levels. The beef herd has shrunk significantly, with beef cows at a record low and replacement heifers decreasing. Experts are looking for signs of the start of the cattle cycle expansion.

Key Points

  • National cattle herd reaches record low levels
  • Beef herd has shrunk significantly since 1975
  • Record low number of beef cows that have calved
  • Experts are anticipating the start of the cattle cycle expansion

Pros

  • Provides valuable insights into the current state of the national cattle herd
  • Highlights the trends in the beef industry over the years

Cons

  • Decrease in cattle herd size may have economic implications for the industry