July 25, 2007

+-----------------------------------------------------------------------+
| **TOPICS IN THIS REPORT**                                             |
+-----------------------------------------------------------------------+
| > July 1 U.S. Cattle and Calf Inventory Milk Production               |
+-----------------------------------------------------------------------+
| > Cattle on Feed - July 1 Livestock Slaughter                         |
+-----------------------------------------------------------------------+
| > Chickens and Eggs U.S. Sheep and Lamb Inventory                     |
+-----------------------------------------------------------------------+
| > Hatchery production U.S. Total Goat Inventory                       |
+-----------------------------------------------------------------------+

**JULY 1 CATTLE INVENTORY DOWN SLIGHTLY**

> All cattle and calves in the United States as of July 1, 2007, totaled
> 104.8 million head, slightly below the 105.2 million on July 1, 2006
> but one percent above the 104.2 million two years ago.
>
> All cows and heifers that have calved, at 42.5 million head, were down
> slightly from 42.6 million on July 1, 2006 but unchanged from two
> years ago.

1.  Beef cows, at 33.4 million head, were down slightly from July 1,
    2006 and July 1, 2005.

2.  Milk cows, at 9.15 million, were unchanged from July 1, 2006 but up
    one percent from two years ago.

> Other class estimates on July 1, 2007 and the changes from July 1,
> 2006, are as follows:

3.  All heifers 500 pounds and over, 16.6 million head, unchanged.

4.  Beef replacement heifers, 4.7 million, down six percent.

5.  Milk replacement heifers, 3.9 million, up three percent.

6.  Other heifers, 8.0 million, up three percent.

7.  Steers weighing 500 pounds and over, 14.9 million, down one percent.

8.  Bulls weighing 500 pounds and over, 2.1 million, unchanged.

9.  Calves under 500 pounds, 28.7 million, down one percent.

10. All cattle and calves on feed for slaughter, 12.3 million, down two
    percent.

**CALF CROP UP SLIGHTLY**

> The 2007 calf crop is expected to be 37.4 million head, down slightly
> from 2006 and 2005. Calves born during the first half of the year are
> estimated at 27.2 million, down one percent from 2006 and 2005.

+-----------------------+-----------+----------+----------+-----------+
| **[Cattle and         |           |          |          |           |
| C                     |           |          |          |           |
| alves]{.smallcaps}:** |           |          |          |           |
| By class, and calf    |           |          |          |           |
| crop, United States,  |           |          |          |           |
| July 1, 2005-07       |           |          |          |           |
+=======================+===========+==========+==========+===========+
| Class                 | 2005      | 2006     | 2007     | 2007      |
|                       |           |          |          |           |
|                       |           |          |          | as % of   |
|                       |           |          |          |           |
|                       |           |          |          | 2006      |
+-----------------------+-----------+----------+----------+-----------+
|                       | *1,000    |          |          |           |
|                       | head*     |          |          |           |
+-----------------------+-----------+----------+----------+-----------+
| Cattle and calves:    | 104,200   | 105,200  | 104,800  | 100       |
+-----------------------+-----------+----------+----------+-----------+
| Cows and heifers that | 42,500    | 42,600   | 42,500   | 100       |
| have calved           |           |          |          |           |
+-----------------------+-----------+----------+----------+-----------+
| > Beef cows           | 33,450    | 33,450   | 33,350   | 100       |
+-----------------------+-----------+----------+----------+-----------+
| > Milk cows           | 9,050     | 9,150    | 9,150    | 100       |
+-----------------------+-----------+----------+----------+-----------+
| Heifers 500 pounds    | 16,200    | 16,600   | 16,600   | 100       |
| and over:             |           |          |          |           |
+-----------------------+-----------+----------+----------+-----------+
| > Beef cow            | 5,000     | 5,000    | 4,700    | 94        |
| > replacement         |           |          |          |           |
+-----------------------+-----------+----------+----------+-----------+
| > Milk cow            | 3,700     | 3,800    | 3,900    | 103       |
| > replacement         |           |          |          |           |
+-----------------------+-----------+----------+----------+-----------+
| > Other heifers       | 7,500     | 7,800    | 8,000    | 103       |
+-----------------------+-----------+----------+----------+-----------+
| Steers 500 pounds and | 14,500    | 15,000   | 14,900   | 99        |
| over                  |           |          |          |           |
+-----------------------+-----------+----------+----------+-----------+
| Bulls 500 pounds and  | 2,100     | 2,100    | 2,100    | 100       |
| over                  |           |          |          |           |
+-----------------------+-----------+----------+----------+-----------+
| Calves under 500      | 28,900    | 28,900   | 28,700   | 99        |
| pounds                |           |          |          |           |
+-----------------------+-----------+----------+----------+-----------+
| Calf crop ^1/^        | 37,575    | 37,567   | 37,400   | 100       |
+-----------------------+-----------+----------+----------+-----------+
| Cattle on Feed        | 12,000    | 12,500   | 12,300   | 98        |
+-----------------------+-----------+----------+----------+-----------+
| ^1/^ For the current  |           |          |          |           |
| year, the calf crop   |           |          |          |           |
| is the number of      |           |          |          |           |
| calves born before    |           |          |          |           |
| July 1 plus the       |           |          |          |           |
| number expected to be |           |          |          |           |
| born on and after     |           |          |          |           |
| July 1.               |           |          |          |           |
+-----------------------+-----------+----------+----------+-----------+

**CATTLE ON FEED**

> Cattle and calves on feed for slaughter market in the United States
> for feedlots with capacity of 1,000 or more head totaled 10.7 million
> head on July 1, 2007. The inventory was one percent below July 1, 2006
> but three percent above July 1, 2005. The inventory included 6.74
> million steers and steer calves, down five percent from the previous
> year. This group accounted for 63 percent of the total inventory.
> Heifers and heifer calves accounted for 3.93 million head, up six
> percent from 2006.

Placements in feedlots during June totaled 1.66 million, 15 percent
below 2006 and six percent below 2005. Net placements were 1.61 million.
During June, placements of cattle and calves weighing less than 600
pounds were 405,000, 600-699 pounds were 325,000, 700-799 pounds were
457,000, and 800 pounds and greater were 470,000.

  -------------------------------------------------------------------------
  **[Cattle on                                                      
  Feed]{.smallcaps}**:                                              
  Number on feed,                                                   
  placements,                                                       
  marketings, and other                                             
  disappearance, July                                               
  2005-2007                                                         
  ---------------------- ------ -------- -------- -------- -------- -------
  Item                          Number                     2007 as  
                                                           % of     

                                2005     2006     2007     2005     2006

                                *1,000                              
                                head*                               

  On feed                June 1 10,771   11,187   11,272   105      101

  Placed on feed during  June   1,769    1,946    1,657    94       85

  Fed cattle marketed    June   2,083    2,198    2,140    103      97
  during                                                            

  Other disappearance    June   63       63       52       83       83
  during                                                            

  On feed                July 1 10,394   10,872   10,737   103      99
  -------------------------------------------------------------------------

**CHICKENS AND EGGS**

> **[Florida]{.smallcaps}**
>
> Table eggs sold in mid-July 2007 averaged 79.0 cents, an increase from
> mid-June of 30.0 cents. Table egg production in Florida during June
> was 221 million eggs, down three percent from the previous month.
>
> **[United States]{.smallcaps}**
>
> U.S. egg production totaled 7.36 billion during June 2007, down one
> percent from last year. Production included 6.24 billion table eggs,
> and 1.12 billion hatching eggs, of which 1.05 billion were
> broiler-type and 65 million were egg-type. The total number of layers
> during June 2007 averaged 339 million, down one percent from last
> year. June egg production per 100 layers was 2,169 eggs, up slightly
> from June 2006.
>
> All layers in the U.S. on July 1, 2007, totaled 339 million, down one
> percent from last year. The 339 million layers consisted of 279
> million layers producing table or market type eggs, 57.0 million
> layers producing broiler-type hatching eggs, and 2.75 million layers
> producing egg-type hatching eggs. Rate of lay per day on July 1, 2007,
> averaged 72.0 eggs per 100 layers, down one percent from July 1, 2006.

+-----------------------+-----------+-----------+----------+----------+
| **[Fl                 |           |           |          |          |
| orida]{.smallcaps}**: |           |           |          |          |
| Layers on hand first  |           |           |          |          |
| of month;             |           |           |          |          |
|                       |           |           |          |          |
| percentages by        |           |           |          |          |
| molting stage         |           |           |          |          |
+=======================+===========+===========+==========+==========+
|                       | July      | May       | June     | July     |
|                       |           |           |          |          |
|                       | 2006      | 2007      | 2007     | 2007     |
+-----------------------+-----------+-----------+----------+----------+
| > Total layers on     |           |           |          |          |
+-----------------------+-----------+-----------+----------+----------+
| > hand: Thous         | 10,844    | 10,395    | 10,434   | 10,403   |
+-----------------------+-----------+-----------+----------+----------+
| > Percent of layers:  |           |           |          |          |
+-----------------------+-----------+-----------+----------+----------+
| > Being molted        | 6.0       | 10.0      | 8.5      | 7.0      |
+-----------------------+-----------+-----------+----------+----------+
| > Molt completed      | 32.5      | 35.5      | 28.0     | 34.0     |
+-----------------------+-----------+-----------+----------+----------+

+------------------------+----------------+--------------+-------------+
| **[Layers and          |                |              |             |
| eggs]{.smallcaps}**:   |                |              |             |
| Selected States and    |                |              |             |
| U.S.                   |                |              |             |
+========================+================+==============+=============+
| Selected               | Avg. layers    | Eggs         |             |
|                        |                | produced     |             |
| States                 | on hand,       |              |             |
|                        |                |              |             |
|                        | June 2007      |              |             |
+------------------------+----------------+--------------+-------------+
|                        |                | June         | Year to     |
|                        |                |              |             |
|                        |                | 2007         | date 1/     |
+------------------------+----------------+--------------+-------------+
|                        | *Thousands*    | *Millions*   |             |
+------------------------+----------------+--------------+-------------+
| Alabama                | 9,289          | 171          | 1,141       |
+------------------------+----------------+--------------+-------------+
| Arkansas               | 14,231         | 273          | 1,928       |
+------------------------+----------------+--------------+-------------+
| California             | 18,946         | 398          | 2,887       |
+------------------------+----------------+--------------+-------------+
| **Florida**            | **10,434**     | **231**      | **1,682**   |
+------------------------+----------------+--------------+-------------+
| Georgia                | 19,099         | 383          | 2,806       |
+------------------------+----------------+--------------+-------------+
| Indiana                | 24,271         | 539          | 3,787       |
+------------------------+----------------+--------------+-------------+
| Iowa                   | 52,170         | 1,159        | 7,944       |
+------------------------+----------------+--------------+-------------+
| Maine                  | 3,809          | 84           | 1,135       |
+------------------------+----------------+--------------+-------------+
| Maryland               | 2,534          | 55           | 401         |
+------------------------+----------------+--------------+-------------+
| Michigan               | 8,813          | 205          | 1,484       |
+------------------------+----------------+--------------+-------------+
| Minnesota              | 10,550         | 234          | 1,697       |
+------------------------+----------------+--------------+-------------+
| Mississippi            | 6,430          | 124          | 889         |
+------------------------+----------------+--------------+-------------+
| Missouri               | 6,868          | 153          | 1,095       |
+------------------------+----------------+--------------+-------------+
| Nebraska               | 10,893         | 237          | 1,746       |
+------------------------+----------------+--------------+-------------+
| New York               | 4,114          | 97           | 692         |
+------------------------+----------------+--------------+-------------+
| North Carolina         | 12,173         | 247          | 1,684       |
+------------------------+----------------+--------------+-------------+
| Ohio                   | 25,704         | 574          | 4,225       |
+------------------------+----------------+--------------+-------------+
| Pennsylvania           | 22,283         | 517          | 3,756       |
+------------------------+----------------+--------------+-------------+
| South Carolina         | 4,753          | 97           | 696         |
+------------------------+----------------+--------------+-------------+
| Texas                  | 18,361         | 407          | 2,610       |
+------------------------+----------------+--------------+-------------+
| Virginia               | 3,268          | 67           | 463         |
+------------------------+----------------+--------------+-------------+
| Washington             | 4,694          | 106          | 763         |
+------------------------+----------------+--------------+-------------+
| Other States           | 46,749         | 500          | 3,575       |
+------------------------+----------------+--------------+-------------+
| United States          | 339,331        | 7,360        | 52,475      |
+------------------------+----------------+--------------+-------------+
| ^1/^ Production year   |                |              |             |
| begins December 1.     |                |              |             |
+------------------------+----------------+--------------+-------------+

+------------------------------------+----------------+---------------+
| **[Mid-month table egg prices      |                |               |
| received]{.smallcaps}**            |                |               |
|                                    |                |               |
| **[by florida egg                  |                |               |
| producers.]{.smallcaps}**          |                |               |
+====================================+================+===============+
| Month                              | Cents per      |               |
|                                    | dozen          |               |
+------------------------------------+----------------+---------------+
|                                    | 2006           | 2007          |
+------------------------------------+----------------+---------------+
| January                            | 60.0           | 75.0          |
+------------------------------------+----------------+---------------+
| February                           | 36.0           | 68.0          |
+------------------------------------+----------------+---------------+
| March                              | 59.0           | 70.0          |
+------------------------------------+----------------+---------------+
| April                              | 34.0           | 55.0          |
+------------------------------------+----------------+---------------+
| May                                | 27.0           | 65.0          |
+------------------------------------+----------------+---------------+
| June                               | 45.0           | 49.0          |
+------------------------------------+----------------+---------------+
| July                               | 32.0           | 77.0          |
+------------------------------------+----------------+---------------+
| August                             | 45.0           |               |
+------------------------------------+----------------+---------------+
| September                          | 44.0           |               |
+------------------------------------+----------------+---------------+
| October                            | 41.0           |               |
+------------------------------------+----------------+---------------+
| November                           | 68.0           |               |
+------------------------------------+----------------+---------------+
| December                           | 66.0           |               |
+------------------------------------+----------------+---------------+

**HATCHERY PRODUCTION**

> **[Florida]{.smallcaps}**
>
> The June hatch of broiler-type chicks, at 4,834,000 was six percent
> above a year earlier. Broiler-type eggs in incubators on July 1, at
> 4,086,000 were one percent below a year ago.
>
> **[United States]{.smallcaps}**
>
> Broiler-type chicks hatched during June 2007 totaled 810 million, up
> three percent from June 2006. Eggs in incubators totaled 668 million
> on July 1, 2007, up three percent from a year earlier.
>
> Leading breeders placed 7.55 million broiler-type pullet chicks for
> future domestic hatchery supply flocks during June 2007, down one
> percent from June 2006.
>
> Egg-type chicks hatched during June 2007 totaled 40.0 million, up
> seven percent from June 2006. Eggs in incubators totaled 33.4 million
> on July 1, 2007, up six percent from a year ago.
>
> Domestic placements of egg-type pullet chicks for future hatchery
> supply flocks by leading breeders totaled 300,000 during June 2007, up
> 52 percent from June 2006.

+------------------------------------+------------+-----------+---+-------+
| **[Hatchery production, United     |            |           |   |       |
| States]{.smallcaps}**              |            |           |   |       |
+------------------------------------+------------+-----------+---+-------+
| Item                               | 2006       | 2007      | 2 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 7 |       |
|                                    |            |           | % |       |
|                                    |            |           | o |       |
|                                    |            |           | f |       |
|                                    |            |           |   |       |
|                                    |            |           | 2 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 6 |       |
+------------------------------------+------------+-----------+---+-------+
|                                    | *- -       |           |   |       |
|                                    | T          |           |   |       |
|                                    | housands - |           |   |       |
|                                    | -*         |           |   |       |
+------------------------------------+------------+-----------+---+-------+
| **[Egg-Type:]{.smallcaps}**        | 31,485     | 33,382    | 1 |       |
|                                    |            |           | 0 |       |
| > Eggs in incubators: July 1       |            |           | 6 |       |
+------------------------------------+------------+-----------+---+-------+
| > Chicks hatched during June       | 37,406     | 40,005    | 1 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 7 |       |
+------------------------------------+------------+-----------+---+-------+
| > Pullets hatched during June      | 198        | 300       | 1 |       |
| >                                  |            |           | 5 |       |
| > for intended placements          |            |           | 2 |       |
| >                                  |            |           |   |       |
| > in hatchery supply flocks        |            |           |   |       |
+------------------------------------+------------+-----------+---+-------+
| > 7-18 months earlier ^1/^         | 2,823      | 2,915     | 1 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 3 |       |
+------------------------------------+------------+-----------+---+-------+
| **[Broiler-Type]{.smallcaps}**:    |            |           |   |       |
+------------------------------------+------------+-----------+---+-------+
| > Eggs in incubators: July 1       | 650,487    | 667,719   | 1 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 3 |       |
+------------------------------------+------------+-----------+---+-------+
| > Chicks hatched during June       | 788,652    | 810,419   | 1 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 3 |       |
+------------------------------------+------------+-----------+---+-------+
| > Pullets hatched during June      | 7,636      | 7,554     | 9 |       |
| >                                  |            |           | 9 |       |
| > for intended placements          |            |           |   |       |
| >                                  |            |           |   |       |
| > in hatchery supply flocks        |            |           |   |       |
+------------------------------------+------------+-----------+---+-------+
| > 7-15 months earlier ^2/^         | 64,284     | 64,284    | 1 |       |
|                                    |            |           | 0 |       |
|                                    |            |           | 0 |       |
+------------------------------------+------------+-----------+---+-------+
| ^1/^2007 includes pullet chicks    |            |           |   |       |
| hatched December 2005 through      |            |           |   |       |
| November 2006.                     |            |           |   |       |
|                                    |            |           |   |       |
| ^2/^2007 includes pullet chicks    |            |           |   |       |
| hatched March 2006 through         |            |           |   |       |
| November 2006.                     |            |           |   |       |
+------------------------------------+------------+-----------+---+-------+
|                                    |            |           |   |       |
+------------------------------------+------------+-----------+---+-------+

**MILK PRODUCTION**

**[Florida]{.smallcaps}**

Florida dairy farms produced 191 million pounds of milk during June
2007, two percent above the previous June. Production per cow in June of
1,500 pounds was six percent above June of last year. Milk cow numbers
on Florida dairy farms in June totaled 127,000, four percent below last
year.

**[United States]{.smallcaps}**

Milk production in the 23 major States during June totaled 14.2 billion
pounds, up 1.2 percent from June 2006. May revised production, at 14.9
billion pounds, was up 1.1 percent from May 2006. The May revision
represented an increase of seven million pounds from last month's
preliminary production estimate.

Production per cow in the 23 major States averaged 1,713 pounds for
June, 16 pounds above June 2006.

The number of milk cows on farms in the 23 major States was 8.29 million
head, 19,000 head more than June 2006, and 2,000 head more than May
2007.

+----------------------+-------+-----------+-----------+-------------+
| **[Milk cows and     |       |           |           |             |
| production, Florida  |       |           |           |             |
| and                  |       |           |           |             |
| U.S.]{.smallcaps}**  |       |           |           |             |
+----------------------+-------+-----------+-----------+-------------+
| Month                |       | Milk      | Monthly   |             |
|                      |       |           | milk      |             |
| and year             |       | Cows      |           |             |
|                      |       |           | p         |             |
|                      |       |           | roduction |             |
+----------------------+-------+-----------+-----------+-------------+
|                      |       |           | Per cow   | Monthly     |
|                      |       |           |           | Total       |
+----------------------+-------+-----------+-----------+-------------+
|                      |       | *Thous.*  | *Lbs.*    | *Mil. Lbs.* |
+----------------------+-------+-----------+-----------+-------------+
| **[Flo               |       |           |           |             |
| rida:]{.smallcaps}** |       |           |           |             |
+----------------------+-------+-----------+-----------+-------------+
| June                 | 2006  | 132       | 1,415     | 187         |
+----------------------+-------+-----------+-----------+-------------+
| May                  | 2007  | 128       | 1,640     | 210         |
+----------------------+-------+-----------+-----------+-------------+
| June                 | 2007  | 127       | 1,500     | 191         |
+----------------------+-------+-----------+-----------+-------------+
| **[23 Major          |       |           |           |             |
| St                   |       |           |           |             |
| ates]{.smallcaps}**: |       |           |           |             |
+----------------------+-------+-----------+-----------+-------------+
| June                 | 2006  | 8,269     | 1,697     | 14,033      |
+----------------------+-------+-----------+-----------+-------------+
| May                  | 2007  | 8,286     | 1,795     | 14,874      |
+----------------------+-------+-----------+-----------+-------------+
| June                 | 2007  | 8,288     | 1,713     | 14,198      |
+----------------------+-------+-----------+-----------+-------------+
| **[United            |       |           |           |             |
| St                   |       |           |           |             |
| ates]{.smallcaps}**: |       |           |           |             |
+----------------------+-------+-----------+-----------+-------------+
| June                 | 2006  | 9,139     | 1,676     | 15,324      |
+----------------------+-------+-----------+-----------+-------------+
| May                  | 2007  | 9,127     | 1,776     | 16,208      |
+----------------------+-------+-----------+-----------+-------------+
| June                 | 2007  | 9,129     | 1,695     | 15,470      |
+----------------------+-------+-----------+-----------+-------------+

+-----------+--------+--------+--------+--------+-------+---+--------+---+
| **[Milk   |        |        |        |        |       |   |        |   |
| p         |        |        |        |        |       |   |        |   |
| roduction |        |        |        |        |       |   |        |   |
| by        |        |        |        |        |       |   |        |   |
| quarters, |        |        |        |        |       |   |        |   |
| United    |        |        |        |        |       |   |        |   |
| Sta       |        |        |        |        |       |   |        |   |
| tes]{.sma |        |        |        |        |       |   |        |   |
| llcaps}** |        |        |        |        |       |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
| Month     | Milk   |        | Milk   |        | Milk  |   |        |   |
|           | cows   |        | per    |        | Produ |   |        |   |
|           | ^1/^   |        | cow    |        | ction |   |        |   |
|           |        |        | ^2/^   |        |       |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
|           | 2006   | 2007   | 2006   | 2007   | 2006  | 2 |        |   |
|           |        |        |        |        |       | 0 |        |   |
|           |        |        |        |        |       | 0 |        |   |
|           |        |        |        |        |       | 7 |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
|           | *Tho   |        | *P     |        | *Mil. |   |        |   |
|           | usand* |        | ounds* |        | Lbs.* |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
| Jan-Mar   | 9,092  | 9,130  | 5,010  | 5,040  | 4     |   | 46,010 |   |
|           |        |        |        |        | 5,547 |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
| Apr-Jun   | 9,128  | 9,126  | 5,141  | 5,198  | 4     |   | 47,435 |   |
|           |        |        |        |        | 6,930 |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
| Jul-Sep   | 9,113  |        | 4,906  |        | 4     |   |        |   |
|           |        |        |        |        | 4,710 |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
| Oct-Dec   | 9,115  |        | 4,894  |        | 4     |   |        |   |
|           |        |        |        |        | 4,611 |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
| Annual    | 9,112  |        | 19,951 |        | 18    |   |        |   |
|           |        |        |        |        | 1,798 |   |        |   |
| Total     |        |        |        |        |       |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+
| ^1/^      |        |        |        |        |       |   |        |   |
| Includes  |        |        |        |        |       |   |        |   |
| dry cows. |        |        |        |        |       |   |        |   |
| Excludes  |        |        |        |        |       |   |        |   |
| heifers   |        |        |        |        |       |   |        |   |
| not yet   |        |        |        |        |       |   |        |   |
| fresh.    |        |        |        |        |       |   |        |   |
|           |        |        |        |        |       |   |        |   |
| ^2/^      |        |        |        |        |       |   |        |   |
| Excludes  |        |        |        |        |       |   |        |   |
| milk fed  |        |        |        |        |       |   |        |   |
| to        |        |        |        |        |       |   |        |   |
| calves.   |        |        |        |        |       |   |        |   |
+-----------+--------+--------+--------+--------+-------+---+--------+---+

**LIVESTOCK SLAUGHTER**

> Commercial red meat output in Florida for June 2007 was 7.1 million
> pounds, 42 percent above the same month last year. Commercial
> production of red meat in the United States for June at 4.03 billion
> pounds, was three percent below 2006.
>
> **UNITED STATES SHEEP AND LAMB INVENTORy**
>
> All sheep and lamb inventory in the United States on July 1, 2007,
> totaled 7.73 million head, down slightly from July 1, 2006 and one
> percent below July 1, 2005. Breeding sheep inventory at 4.61 million
> head on July 1, 2007 was down slightly from July 1, 2006. Market sheep
> and lambs (including newborn lambs), at 3.12 million head, were also
> down slightly from last July.
>
> **UNITED STATES TOTAL GOAT INVENTORy**
>
> All goat inventory on July 1, 2007, totaled 3.60 million head, up four
> percent from the previous July. Breeding goat inventory totaled 2.69
> million head, up four percent from July 2006. All market goats and
> kids totaled 905,000 head, up two percent from the previous July. On
> July 1, 2007 meat and all other goats totaled 3.00 million head, up
> five percent from July 2006. Milk goat inventory was also up five
> percent increasing to 335,000 head while angora goat numbers fell nine
> percent to 260,000 head. The 2007 kid crop is expected to total 2.03
> million head, up six percent from the 2006 kid crop of 1.92 million
> head.