# July U.S. cattle herd down 3%, cattle on feed down 2% - Texas Farm Bureau

> USDA's July cattle inventory showed 95.9 million head of cattle and calves on US farms as of July 1, down 3% from a year earlier. Beef cows fell 3% to 29.4 million, and cattle on feed were down 2%. Ranchers are not yet rebuilding herds after last year's drought.

- Date: 2023-07-24 · published 2023-07-24T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/34998-july-u-s-cattle-herd-down-3-cattle-on-feed-down-2-texas-farm-bureau
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A smaller herd and fewer cattle on feed tighten near-term beef supply, which supports live and feeder cattle prices. Herd rebuilding is slow, so the supply constraint may last.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2026-03-04 | [CattleFax forecasts continued strong demand, high prices - Texas Farm Bureau](https://feedsoft.ai/events/20117-cattlefax-forecasts-continued-strong-demand-high-prices-texas-farm-bureau.md) | -0.9% | +0.4% |
| LCATTLE | 2024-10-28 | [Oct. 1 Cattle on Feed Down Slightly From Year Ago](https://feedsoft.ai/events/27994-oct-1-cattle-on-feed-down-slightly-from-year-ago.md) | -0.4% | -1.5% |
| LCATTLE | 2025-07-01 | [June 2025 USDA Cattle-On-Feed highlights](https://feedsoft.ai/events/24377-june-2025-usda-cattle-on-feed-highlights.md) | -1.3% | +3.0% |
| LCATTLE | 2026-02-10 | [Smaller Cattle Herd Creates Market Volatility \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/20724-smaller-cattle-herd-creates-market-volatility-farm-bureau-intel-markets.md) | +1.7% | -2.2% |
| LCATTLE | 2021-02-04 | [January Cattle Inventory and Cattle on Feed Reports \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/48571-january-cattle-inventory-and-cattle-on-feed-reports-farm-bureau-intel-markets.md) | +0.8% | +2.4% |
| FCATTLE | 2026-03-04 | [CattleFax forecasts continued strong demand, high prices - Texas Farm Bureau](https://feedsoft.ai/events/20117-cattlefax-forecasts-continued-strong-demand-high-prices-texas-farm-bureau.md) | -1.1% | +3.3% |
| FCATTLE | 2024-10-28 | [Oct. 1 Cattle on Feed Down Slightly From Year Ago](https://feedsoft.ai/events/27994-oct-1-cattle-on-feed-down-slightly-from-year-ago.md) | -1.1% | +1.9% |
| FCATTLE | 2025-07-01 | [June 2025 USDA Cattle-On-Feed highlights](https://feedsoft.ai/events/24377-june-2025-usda-cattle-on-feed-highlights.md) | +2.7% | +8.2% |

## Sources

- texasfarmbureau.org: https://texasfarmbureau.org/july-cattle-herd-down-3-cattle-on-feed-down-2/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.