Yes, that's exactly right.! I've worked on a cattle ranch in Wyoming and here in Vermont I'm surrounded by dairy farms, so I know a thing or two about "cows" too. The average dairy farm in Vermont has about 170 cows and maybe one or two bulls if that and maybe a steer or two or three for family meat consumption or small scale local beef distribution.
@Nigel shows that he knows little about cattle when he claims that bio-engineered meat:
Meat doesn't come from cows. Cows are dairy animals. Beef comes from steers, sometime heifers before they have calves and veal calves. Bulls are used for breeding but not for meat production.