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U.S cattle inventory projected to grow through 2033

  • Agricultural Baseline
Line chart showing projected growth through 2033 of U.S. cattle inventory per million head and the five-area price for steers.

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Producers decide whether to expand or sell their livestock herds or flocks based on market prices for cattle, hogs, and chickens. Pricing and the resulting production decisions determine livestock cycles, with different outcomes for the different types of animals.

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