US Cattle Inventory Report: Herd Growth on Borrowed Time

Although US heifer inventories are at almost 50-year lows, US dairy cows are at their highest level in over 30 years. From June 2024 to September 2025, at the milking herd’s latest peak of 9.579 million, US dairy farmers added 258,000 head, driven by low slaughter rates despite small replacement […]

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