U.S. cattle inventory continues to contract with minimal expansion signs

The U.S. cattle herd continued to contract over the past year. The USDA says the domestic cattle inventory on January 1st, 2026, was 86.155 million head, a little bit below January 1st, 2025. Only a couple of the major inventory categories saw any kind of growth, and the 2025 calf crop was 2% smaller than […]

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