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US Has Lowest Inventory of Beef Cattle Since 1962

US Has Lowest Inventory of Beef Cattle Since 1962
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There are 28.9 million beef cows, which are those explicitly bred for slaughter and meat sales, as of the start of this year — which is down nearly 4% from last year and the lowest the agency has recorded since 1962. According to Beef Magazine, some challenges and reasons for the decline in beef cows appear to be the input prices, including diesel and fertilizer costs, and the drought last year.

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The beef cattle inventory in the United States is at its lowest point since 1962, according to data from the U.S. Department of Agriculture (USDA).

The USDA’s biannual cattle report showed that, as of Jan. 1, 2023, there is a 89.3 million head inventory — which is three percent lower than the total from a year ago and the lowest since 2015. Of that number, 38.3 million cows and heifers have calved.

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