USDA cattle inventory lowest in more than 60 years

In this weekly Commodities Watch column, John T. Barone, president and commodities analyst for Market Vision Inc., offers a snapshot of the state of commodities for restaurants.

Friday’s USDA annual inventory report showed that total cattle and calf numbers declined for the seventh consecutive year. At 87.7 million head, cattle numbers fell 2 percent from a year ago and are the lowest since 1951.

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