# United States cattle inventory down 2 percent | DRGNews

> USDA NASS's July Cattle report showed 98.8 million head of cattle and calves on U.S. farms as of July 1, 2022, down 2% from a year earlier. Beef cows totaled 30.4 million, down 2%, and milk cows fell to 9.45 million.

- Date: 2022-07-23 · published 2022-07-23T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/40434-united-states-cattle-inventory-down-2-percent-drgnews
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A shrinking breeding herd tightens future beef and feeder cattle supplies, supporting higher cattle prices and a longer-term demand pull for feed grains is limited by the reduced cattle numbers.

## Read by commodity

- CORN: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-01-01 | [Jan. 1 Cattle Inventory Down 2%](https://feedsoft.ai/events/31617-jan-1-cattle-inventory-down-2.md) | -0.4% | +2.3% |
| LCATTLE | 2022-01-31 | [Jan. 1 Cattle Inventory Down 2%](https://feedsoft.ai/events/43084-jan-1-cattle-inventory-down-2.md) | +1.0% | +2.0% |
| LCATTLE | 2023-01-31 | [U.S. cattle inventory falls 3%](https://feedsoft.ai/events/37278-u-s-cattle-inventory-falls-3.md) | +1.6% | +4.7% |
| LCATTLE | 2022-03-23 | [U.S. cattle inventory down fractionally - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/42219-u-s-cattle-inventory-down-fractionally-progressive-cattle-ag-proud.md) | +0.5% | +2.0% |
| LCATTLE | 2023-01-31 | [LIVESTOCK-Live Cattle Down Slightly; Cattle Inventory Shows Steep Decline](https://feedsoft.ai/events/37927-livestock-live-cattle-down-slightly-cattle-inventory-shows-steep-decline.md) | +1.6% | +4.7% |
| FCATTLE | 2024-01-01 | [Jan. 1 Cattle Inventory Down 2%](https://feedsoft.ai/events/31617-jan-1-cattle-inventory-down-2.md) | +0.7% | +8.6% |
| FCATTLE | 2022-01-31 | [Jan. 1 Cattle Inventory Down 2%](https://feedsoft.ai/events/43084-jan-1-cattle-inventory-down-2.md) | +4.1% | -1.2% |
| FCATTLE | 2023-01-31 | [U.S. cattle inventory falls 3%](https://feedsoft.ai/events/37278-u-s-cattle-inventory-falls-3.md) | +2.1% | +3.2% |

## Sources

- drgnews.com: https://drgnews.com/2022/07/23/united-states-cattle-inventory-down-2-percent/

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