Before the conclusion of July, the U.S. Department of Agriculture released the Cattle Inventory report that revealed a lower head count in the national cattle herd, and that is leading to higher prices.
According to the latest numbers from NASS, all cattle inventory across the PNW slipped slightly year over year. All cattle inventory in Idaho was estimated at 2.50 million head as of January 1st, down 2% from 2022. Inventory of all cattle in Oregon was 1.24 million head, of...
It appears U.S. beef cattle producers are still in the midst of a herd and production contraction, while steer prices continue to increase faster and farther than had been expected. In response, the USDA Outlook Board.
"We raised the price this month by a $1.23 c...
When looking at NASS' most recent cattle inventory report, "The numbers are dropping," noted USDA Livestock Analyst Shayle Shagam. "Both lower cow numbers and lower replacement numbers."
And, he added, higher numbers of females being put into feed lots. Sh...
The cattle herd nationwide, continues to contract, and USDA livestock analyst Shayle Shagam expects that trend to continue throughout the year.
"We are looking at expectations of a continued decline of probably 1-2% in the cattle inventory during 2022
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USDA Livestock analyst Shayle Shagam recently looked at last week's cattle inventory and feed report. What does he think?
"What we are looking at is definite signs that there's a liquidation."
Shagam said most numbers in the reports were lower year over year, but roughly 1% to 2%
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A deep dive into the latest USDA Cattle Inventory Report indicates a tighter beef supply situation for the coming year, according to Katelyn McCullock, director and senior agricultural economist for the Livestock Marketing Information Center
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Latest numbers from NASS show the cattle inventory dropped slightly, both regionally and nationally. A report on U.S. cattle inventory shows 93.6 million head of cattle and calves on U.S. farms as of January 1st, slightly below the 93
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