(NAFB) – A deep dive into the latest USDA Cattle Inventory Report indicates a tighter beef supply situation for the coming year, according to Katelyn McCullock, director and senior agricultural economist for the Livestock Marketing Information Center.

The 2020 calf crop was down about 1.3 percent and the revised 2019 calf crop was down about 2 percent from 2018.

She says the cattle grazing on small grains saw a huge rebound from a year ago.

The top five beef cow states are Texas at the top with 4.685 million head, and Oklahoma 2nd with 2.189 million cows. Other top-five beef cow states are Missouri, Nebraska and Kansas.