The USDA’s cancelation of the July Cattle Inventory report leaves the industry with less data, and an ag economist says that’s a concern.
University of Missouri’s Scott Brown says especially when considering the current cattle cycle. “There’s so much discussion about when are we going to start growing, when are we going to see the cow herd try to expand,” he says. “Missing the July data is potentially problematic if we try to start to grow as we go further here in the next few months.”
He tells Brownfield the next inventory report isn’t scheduled until January 2025, and a lot can happen in a year’s time.
