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USDA Cattle Inventory Up 2 Percent
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FF-Feeders
Posted 1/31/2017 16:47 (#5807683)
Subject: USDA Cattle Inventory Up 2 Percent



w ontario
All cattle and calves in the United States, as of January 1, 2017, totaled 93.6 million head. This is 2 percent above the 91.9 million head on January 1, 2016.
All cows and heifers that have calved, at 40.6 million head, are 3 percent above the 39.5 million head on January 1, 2016. Beef cows, at 31.2 million head, are up 3 percent from a year ago. Milk cows, at 9.35 million head, are up slightly from the previous year.

Just what we needed ..... more negative news.   Just when we finally had some upside momentum.  Estimates were only a 1 % increase so likely will move markets down lower.  Unless news had leaked and already priced in. 
 


Edited by FF-Feeders 1/31/2017 16:49
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