Story perspectives
U.S. Cattle Numbers Plummet, Prices Soar Amid Demand
1/9/2025
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Story summary
- U.S. cattle inventories have dropped to 87.16 million, the lowest in decades, with beef cows at 28.22 million.
- Cattle slaughter fell by 3.8% in 2024, yet beef production rose by 2.0% due to heavier carcass weights.
- Record-high cash cattle prices are fueled by strong demand and limited supplies.
- The 2025 outlook indicates sustained high prices and challenges in herd rebuilding from tight replacement heifer supplies.
