
According to the USDA (U.S. Department of Agriculture), the country's cattle herd has declined to about 85 million, intensifying pressure on beef and veal prices.
US cattle and calves inventory has dropped to approximately 85 million, its lowest point since 1951, according to data from the USDA (U.S. Department of Agriculture). The national herd has decreased by roughly 45 million from its 1975 peak of 130 million and by about 10 million since 2020. This sustained reduction in livestock supply has led to rising beef and veal prices, reflecting long-term challenges for meat producers and consumers as droughts and high feed costs continue to affect operations.