WASHINGTON, D.C. (RFD NEWS) — Cattle and sheep inventories across the United States and Canada declined slightly entering 2026, reflecting continued herd tightening alongside modest growth in select segments, according to U.S. Department of Agriculture (USDA) data.
The USDA National Agricultural Statistics Service reported combined U.S. and Canadian cattle and calf inventories at 97.3 million head on January 1, 2026, essentially unchanged from a year earlier. U.S. inventories slipped to 86.2 million head from 86.5 million, while Canada’s herd rose 3 percent to 11.1 million head. Cows and heifers that have calved totaled 41.6 million head across both countries, down slightly year over year.
Farm-Level Takeaway: Herd contraction remains gradual across North America.
Tony St. James, RFD NEWS Markets Specialist
Sheep inventories also edged lower overall. Combined U.S. and Canadian sheep and lamb numbers totaled 5.82 million head, down slightly from last year. U.S. inventories fell 1 percent to 4.99 million head, while Canada’s flock rose 3 percent to 833,000 head, with gains in both breeding and market segments.
Market sheep and lamb inventories increased modestly across both countries, suggesting steady near-term supply despite tighter breeding numbers.
Early indications suggest the U.S. cattle industry may be nearing the end of its liquidation phase. Oklahoma State University livestock economist Dr. Derrell Peel says the industry could be at or near the cyclical low.
January 29, 2026 12:44 PM
·
Beef x Dairy cattle with strong genetics and documentation are earning prices comparable to native feeders.
January 29, 2026 08:00 AM
·
FarmHER Chris Nellis and her daughters navigate loss while carrying on a 300-year farm legacy, milking cows in upstate New York.
January 28, 2026 03:27 PM
·
Mike Steenhoek of the Soy Transportation Coalition shares how extreme winter weather is affecting the ag transportation network and what producers should keep in mind as conditions slowly improve.
January 28, 2026 01:36 PM
·
Matt Brockman, Communications Director for the Fort Worth Stock Show and Rodeo, joined us with a look at how the legendary event is moving forward—weather and all.
January 28, 2026 12:27 PM
·
Mixed product pricing and rising milk supplies suggest margin management will remain critical as 2026 unfolds.
January 28, 2026 06:00 AM
·
