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The USDA-NASS Cattle report as of January 1, 2025 showed 86.7 million head, with most categories lower by similar percentages. Beef cows were lower while milk cows were steady, and Texas heifer numbers fell sharply.
A smaller beef herd and fewer replacement heifers support higher fed and feeder cattle prices over the coming years.
feedlotmagazine.comSource Matthew Diersen, Ph.D., Risk, Business Management Specialist, Ness School of Management, Economics, South Dakota State University, Courtesy of Livestock Marketing Information CenterFeb 5, 2025After 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.
After 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.
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.
