Derrell S Peel

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The total U.S. feedlot inventory on Jan. 1, 2025 was 14.297 million head, including 2.474 million head in feedlots with capacity less than 1,000 head.
Total beef production is down a scant 0.7 percent so far this year and may end the year equal to year ago levels. Despite this, wholesale and retail beef prices are higher thus far in 2024.