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USDA cattle numbers show ongoing herd decline
The USDA released its latest Cattle Inventory Report last Friday, just ahead of this week’s National Cattlemen’s Beef Association convention in Nashville. While the overall change in cattle numbers was modest, the data continues to reinforce a long running trend of tightening supplies across the U.S. beef industry. As of January 1, 2026, the total U.S. cattle and calf inventory stood at 86.2 million head, down slightly from a year ago. The report keeps the industry on a familiar trajectory, as...












