The latest numbers from the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) show that the cattle inventory is up 1 Percent from 2014. NASS says this is the first increase in the U.S. inventory since 2007.

Other key findings in the report were:

– There are 29.7 million beef cows in the United States as of January 1, 2015. This is up 2 percent from last year.
– The number of milk cows in the United States increased to 9.3 million.
– U.S. calf crop was estimated at 33.9 million head, up 1 percent from 2013.
– Of the 89.8 million cattle and calves, 39.0 million were all cows and heifers that have calved.
– All cattle on feed increased to 13.1 million, up 1 percent from 2014.

The numbers are based on a survey by NASS with more than 38,200 operators across the nation during the first half of January.