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USDA's July Cattle Inventory report put the US cattle herd at 94.2 million head as of July 1, 2025, down 1% from two years earlier and the lowest mid-year level since the report began. Beef cows and the 2025 calf crop were also down about 1%.
A shrinking herd and smaller calf crop limit beef supply, supporting cattle prices and keeping beef prices elevated.
farmanddairy.comFarm, Dairy StaffJul 29, 2025After 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.
