Shrinking cattle supplies continues to be the story in the cattle market and part of the reason cattle prices continue to climb. USDA’s annual Cattle Inventory Report released Friday shows the U.S. cattle inventory shrunk another 1% over the past year, now at 86.7 million head. And when you look at just the number of beef cows, that inventory fell 1%, now sitting at 27.9 million head.
Other highlights in the January Cattle report include:
Of the 86.7 million head inventory of all cattle and calves, cows and heifers that have calved totaled 37.2 million
The number of milk cows in the U.S. increased slightly to 9.35 million.
U.S. calf crop was estimated at 33.5 million head, down slightly from previous year.
USDA NASS says the number of cattle on feed were at 14.3 million head, down 1% from 2024
By Tyne Morgan
January 31, 2025
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