The American Angus Association concluded a successful fiscal year, expanding the breed’s market share. The 2024 fiscal year marked the 10th consecutive year of more than 300,000 registrations. In addition, the Association surpassed 21 million total registrations. Regular and junior memberships totaled 21,443.
"Despite record low inventory in the beef industry, the Association continues to see strong registration numbers and year-over-year growth," says Mark McCully, CEO of the Association. "It illustrates The Business Breed’s prominent position in the market; more than 80% of the U.S. cow herd is now Angus-influenced." This was one of many takeaways garnered from the Industry Insights Survey, which was released in the first quarter and conducted by Angus Media and CattleFax.
— Adapted from an article by Jessica Hartman, American Angus Association.