Wednesday, December 20, 2017

Beef hits a turning point

After expanding since 2015, the United States beef herd has hit the tipping point and farmers have begun culling more females.

Beef cow inventories increased by seven tenths of one per cent in January, 2015, by 2.9 per cent the next year and by 2.5 per cent last year.

But slaughter figures from the federal agriculture department show that cow slaughter increased by 11 per cent in October over the same month last year and preliminary estimates indicate there will also be an increase for November.

Heifer slaughter increased by 12 per cent in October and steer slaughter by three per cent.

Feedlots are keeping their marketings current and that’s reflected in a decrease in average carcass weights.