EDITOR’S NOTE: In March 2025, the USDA announced it would resume the July Cattle Inventory Reports. The next one will be released on July 25, 2025.
The U.S. Department of Agriculture’s only Cattle Inventory Report will be out later today. The markets are eager to get ahold of this data, which will be the only report of its kind this year.
The big question will be whether the U.S. beef cow herd has seen any growth. Some analysts believe the number will be lower than last year’s January report. Analysts with DTN feel the same. Adding slaughter data for last year also supports a decline.
The USDA decided to stop publishing the July Cattle Inventory Report last year. The Department says the move was necessary due to budget concerns. NCBA calls the move misguided, and Dr. Darrell Peel says it will be a big loss for the industry.
The Cattle Inventory Report will be the only one of the year and will come out at 3:00 PM Eastern.
PDF: JANUARY 2025 CATTLE INVENTORY REPORT
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Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
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The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
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According to the most recent version of the Household Food Security Report for 2022-2023, food insecurity is on the rise in the U.S.
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Fewer cattle on feed suggest smaller slaughter numbers this winter, which could support strong prices if beef demand holds firm.
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