The cattle inventory in China is the lowest it has been in 27 years.
According to reports by Beef2Live, the cattle inventory in China this year is at 100.275 million head and that figure is down from 175k head last year.
This is the lowest the cattle inventory has been in the country since 1989, when it was 97,948,000 million head.
The following year in 1990, the cattle inventory exceeded 100 million head and has remained over ever since.
The largest cattle inventory in China was in 2000 when it reached 126.98 millon head.
Previously the lowest cattle inventory in China was in 1978 when it was 70,398,000 million head.