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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The total value of the U.S. potato crop was $4.60 billion in 2024, representing an 8% decrease from the previous year.
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Crop-specific shifts and strong prices highlight the variability of this year’s fruit and tree nut harvest, according to USDA data.
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The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
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The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
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Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
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