ANALYSIS: USDA July 2026 Cattle Inventory Shows More Replacement Heifers, Lower Female Slaughter
The USDA National Agricultural Statistics Service (NASS) released its semiannual Cattle report on July 24, 2026. Total cattle and calves on July 1, 2026 were estimated at 94.2 million head, slightly up from the 94.0 million head reported on July 1, 2025. While the overall inventory has stabilized at the national level, the composition of the herd continues to reflect the pressures of a prolonged contraction cycle. Beef cow numbers declined 1...
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