USDA Cattle on Feed, Inventory Reports
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.4 million head on July 1, 2026. The inventory was 2% above July 1, 2025, USDA NASS reported on Friday. All cattle and calves in the United States on July 1, 2026, totaled 94.2 million head, slightly above the 94.0 million head on July 1, 2025.
Family Business Matters
Most farm and ranch owners want to pass on their legacy but avoid the conversation. Unspoken fears about leadership, retirement finances and personal identity can quietly kill succession plans.
Top 5 Things to Watch
Most market watchers expect the Fed to stand pat on interest rates, following its July 28-29 meeting. The Senate is also taking up many pieces of legislation ahead of its looming summer recess.