Page 6 - MWC 8-10-2023s
P. 6

The Midwest Cattleman · August 10, 2023 · P6
      No Herd Rebuilding in Sight

      By Derrell Peel - Oklahoma State University

                          The     July heifers, along with a 5.2 per-
                        Cattle report  cent decline in the inventory
                        showed that  of other heifers.  The invento-
                        the U.S. beef  ry of steers over 500 pounds
                        cow herd con- was down 3.5 percent year
                        tinued to de- over year and the inventory of
                        cline through  calves under 500 pounds was
                        the first half  down 2.6 percent from one
                        of the year.   year ago.  The bull inventory
      The  July  1  beef  cow  inven- was down 5.0 percent year
      tory was 29.4 million head,  over year.  Total cattle in feed-
      down 2.6 percent year over  lots on July 1 was 13.1 million
      year.  This is the fifth year of  head,  down 2.2 percent year
      smaller beef cow inventories  over year.  The calculated sup-
      since the 2018 cyclical peak,  ply of feeder cattle (other heif-
      with the beef cow herd down  ers + steers + calves – cattle  dation thus far in 2023, but  ventory of heifers in feedlots
      3.0 million head, a five-year  on feed) based on this report  there are also no clear indica- from the July Cattle on Feed
      decrease of 9.3 percent.  The  is 34.4 million head, 3.6 per- tions that numbers will stabi- report was unchanged from
      smaller beef cow herd is part  cent smaller than last year.   lize and grow anytime soon.   last year, which indicates
      of a general decrease in all  The report pegged the 2023  The current inventory of beef  that relatively large numbers
      cattle numbers in the U.S.         calf crop at 33.8 million head,  replacement heifers is 4.05  of heifers continue to be fed
         The  total  inventory of all  down 1.9 percent year over  million head, lower than the  for slaughter rather than re-
      cattle and calves in this re- year. The dairy cow inventory,  previous cyclical low of 4.2  tained for breeding.   Heifers
      port  was  95.9 million  head,  at  9.4  million  head,  was  un- million head in 2011 and 2012  currently represent 39.9 per-
      down 2.7 percent year over  changed from last year and  and is the lowest in 50 years  cent of total feedlot invento-
      year.   The total inventory of  was the only  inventory cate- of available July 1 inventory  ries, the highest proportion of
      heifers was down 3.8 percent  gory in the report not show- data.    There  is  certainly  no  heifers in feedlots since 2001.
      from last year with decreas- ing a year-over-year decrease.  indication of heifer retention                The sharp increase in feed-
      es of 2.4 and 2.7 percent for         Not only did the report  in this replacement heifer
      beef and dairy replacement  show continued cattle liqui- inventory.   Moreover, the in-                               continued on page 12

                       Easy Way
                      Easy Way
                   Cattle Saver
                   Cattle Saver

                                                                                                           Loadbars for Chutes  EID Tag Readers

         11025 OO HWY. - BOONVILLE, MO
   1   2   3   4   5   6   7   8   9   10   11