Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist — The latest Cattle report issued by USDA-NASS in late January provides cattle inventory estimates that confirm what happened in 2017 and shape our expectations for 2018. In general, the report was well anticipated and presented no major surprises. USDA made relatively few and small changes to 2017 numbers so the year over year changes in the report were easy to interpret.

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