herd contraction

How big is the U.S. cattle herd?  Budget constraints have caused the USDA to limit the number of reports it releases.  Among these is the July Cattle Inventory Report.  However, there is enough historical context from which some conclusions may be drawn.   “A model estimates t...

Fewer cows, higher feed costs, tighter supplies.  That’s the summary of USDA's outlook for the dairy sector in 2023.   “Well, we're expecting to see is a slight decline in the average dairy herd somewhere down to about 9.83 million head in 2023.” ...

The latest USDA numbers show the size of the U.S. beef cattle herd continues to shrink.  Last week’s Cattle On Feed report shows placements into feedlots during January were down 4%, feed lot inventories on February 1st came in at 11.7 million, resu...

USDA’s January 1 cattle inventory report places the total number of cattle and calves at 89.3 million head, consistent with trade expectations for a 3% year-over-year drop.  The decline comes as cattle producers face a fourth consecutive year of contraction within the cattle cycle.  That’s a...

After at least five years of annual growth, the year ahead looks like one of contraction for the U.S. meat industry.  But USDA chief economist Seth Meyer was quick to point out the contraction is only occurring in one sector.   “Pork, boilers, turkey all up year over year in 2023.  But, beef producti...

Between drought and input costs, the beef industry nationwide is facing a variety of challenges.  The University of Idaho’s Phil Bass noted following the slowdowns from the pandemic, larger packing facilities are running at or near capacity which is good news moving product out to customers.  But when it c...

Consumers will likely have few meat selections at their local grocery in 2023, and U.S. production is forecast lower next year.   “The main reduction year-over-year in terms of meat supplies is coming from is coming from beef," according to USDA Outlook chairman Mark Jekanowski.  He added it’s...

The USDA said last week all cattle and calves between the United States and Canada combined to total 111 million head on July 1st, a 2% drop from the 113 million head on July 1 of last year.  All cows and heifers that have calved, at 44.5 million...

As many cattle producers are struggling with drought, its important to also use the situation to help plan for the future.  Rangeland and Ecology specialist, Dr. Laura Goodman, said there are several key things producers need to consider when it comes to developing a plan to address drought now.  ...

American shoppers struggling with inflation are looking at higher beef prices continuing in their local meat cases.  Because of high feed prices and severe drought, ranchers were forced to reduce their cattle herds.  Grain prices have dropped to their lowest levels since Russia invaded Ukraine, but Reuters says that might not mean lower food prices right away at the grocery store.  Corn fu... Read