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Cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more head totaled 11.1 million head on Aug. 1, 2026. The inventory was 2% above Aug. 1, 2025, USDA NASS reported on Friday.
President Donald Trump proposed allowing 300,000 metric tons of foreign beef to enter the United States Friday morning without an out-of-quota tariff for 90 days.
A former U.S. agricultural trade negotiator, Gregg Doud, president and CEO of the National Milk Producers Federation, hit on several topics driving agricultural demand. A smaller U.S. crop combined with tightening global grain supplies has changed the downside risk for corn prices just as U.S. dairy processors are pouring billions of dollars into new capacity to capture growing consumer demand for protein.
