On Jan. 31, the U.S. Department of Agriculture (USDA) released its January edition of the biannual cattle report, which provides insight into the size of the U.S. cattle herd. 

This year’s first of two reports showed all cattle and calves in the U.S. coming in at 87.2 million head. This would be down 2% from last year, as numbers have decreased year-over-year for the previous five years. ...