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Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.5 million head on Feb. 1, 2026. The inventory was 2% below Feb. 1, 2025, USDA NASS reported on Friday.
President Donald Trump on Friday lashed out after the Supreme Court handed down a 6-3 decision against using an emergency trade act. Trump doubled down on his push for tariffs, saying he would invoke more tariffs under a different law. Trump also suggested the ruling gives him more authority to restrict or ban imports.
Agriculture Secretary Brooke Rollins announced the ad-hoc FBA program will open enrollment from Feb. 23 to April 17. The program has specific payment rates for farmers and payments are capped at $155,000 per individual or entity.