Cattle Market Predictions
Angus Beef Bulletin
Beef cattle production was up 14%, but at a level that suggests the herd is still expanding, Kevin Good explained. Total cattle inventories in the United States have increased nearly 5 million head in three years, totaling 93.4 million head in 2017. The country’s beef cow inventory has grown to 2.2 million head in three years, and an additional 400,000 head are expected to be added to that inventory in the next two years.