Cattle Inventory Report Down Slightly from 2020

Below is the latest Cattle Inventory report from the USDA that was released on Friday, January 29th, 2021:

January 1 Cattle Inventory Down Slightly

All cattle and calves in the United States as of January 1, 2021 totaled 93.6 million head, slightly below the
93.8 million head on January 1, 2020.

All cows and heifers that have calved, at 40.6 million head, were slightly below the 40.7 million head on
January 1, 2020. Beef cows, at 31.2 million head, were down 1 percent from a year ago. Milk cows, at 9.44 million head,
were up 1 percent from the previous year.

All heifers 500 pounds and over as of January 1, 2021 totaled 20.0 million head, slightly below the 20.0 million head on
January 1, 2020. Beef replacement heifers, at 5.81 million head, were up slightly from a year ago. Milk replacement
heifers, at 4.60 million head, were down 2 percent from the previous year. Other heifers, at 9.58 million head, were
1 percent above a year earlier.

Steers weighing 500 pounds and over as of January 1, 2021 totaled 16.6 million head, up slightly from January 1, 2020.
Bulls weighing 500 pounds and over as of January 1, 2021 totaled 2.21 million head, down 1 percent from
January 1, 2020.

Calves under 500 pounds as of January 1, 2021 totaled 14.2 million head, down 1 percent from January 1, 2020.
Cattle and calves on feed for the slaughter market in the United States for all feedlots totaled 14.7 million head on
January 1, 2021. The inventory is up slightly from the January 1, 2020 total of 14.7 million head. Cattle on feed in
feedlots with capacity of 1,000 or more head accounted for 81.4 percent of the total cattle on feed on January 1, 2021,
down slightly from the previous year. The combined total of calves under 500 pounds and other heifers and steers over
500 pounds (outside of feedlots) at 25.7 million head, was slightly below January 1, 2020.

Calf Crop Down 1 Percent
The 2020 calf crop in the United States was estimated at 35.1 million head, down 1 percent from the previous year’s calf
crop. Calves born during the first half of 2020 were estimated at 25.8 million head, down 1 percent from the first half of
2019. Calves born during the second half of 2020 were estimated at 9.39 million head, 27 percent of the total 2020 calf
crop.

All inventory and calf crop estimates for July 1, 2019, January 1, 2020, and July 1, 2020 were reviewed using calf crop,
official slaughter, import and export data, and the relationship of new survey information to the prior surveys. Based on
the findings of this review, July 1, 2019 all cattle and calves decreased by 0.3 percent. January 1, 2020 all cattle and
calves decreased by 0.7 percent and 2019 calf crop decreased by 1.3 percent. July 1, 2020 all cattle and calves decreased
by 0.8 percent and 2020 calf crop decreased by 1.9 percent.

State level estimates were reviewed and changes were made to reallocate inventory estimates to the United States total.