– Rob Ziegler, Extension Specialist, College of Agriculture, Life Science and Natural Resources, University of Wyoming
The U.S. beef cow herd inventory has received significant attention recently, due to historically low levels driven by market prices and drought conditions that have incentivized producers to sell. Droughts impacted much of the U.S. in 2011-2014 and again in 2021-2023, coinciding with the contraction phase of the cow cycle. A closer look at cow slaughter during these contraction phases and drought periods could shed light on producers’ current intentions to rebuild and the potential trajectory of market prices.
Beef cow slaughter peaked in 2011 at 3.9 million head, roughly midway through the last contraction phase, which ended in 2014 when expansion began. Slaughter bottomed out in 2015 at 2.2 million head and started increasing again in 2016. Another peak in cow slaughter was observed in Continue reading Are We Nearing Expansion? A Look at Cow Slaughter and the Inventory Cycle