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USDA data shows the US beef cattle inventory at 86.2 million head, the lowest in about 75 years. The decline reflects prolonged drought and liquidation, and ground beef averaged a record $6.75 per pound.
A shrinking herd limits beef supply for years, underpinning high cattle prices even as some liquidation may level off.
kcbd.comBrittany CrittendenFeb 17, 2026After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
