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The USDA January cattle report showed the US herd at 86.6 million head, down more than 495,000 head year over year and the smallest since 1951. The rate of decline slowed to under 1% this year, compared with about 2% in 2024 and more than 3% in 2023.
Analysts say the herd may not have bottomed yet.
A herd at a multi-decade low, with a slower decline rate, keeps cattle supplies tight and supports high cattle and beef prices. Rebuilding takes years, so the supply constraint is likely to persist.
hpj.comKen Eriksen2025年3月14日在过去 268 次看涨的报告事件之后，活牛 在 5 个交易日内中位数变动 +0.3%（58% 上涨；中间一半区间为 -0.7% 至 +1.4%），20 个交易日内为 +1.7%。
在过去 227 次看涨的报告事件之后，架子牛 在 5 个交易日内中位数变动 +0.4%（57% 上涨；中间一半区间为 -1.2% 至 +1.5%），20 个交易日内为 +1.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
