Cattle Inventory This Week

By : David P. Anderson, Professor and Extension Economist, Texas A&M AgriLife Extension Service

 

The Cattle inventory report will be released Thursday February 28th. I expect it will show a small increase in beef cow numbers. We are likely about to the end of the growth part of the cattle cycle, as heifers on feed in the cattle on feed report, and cow and heifer slaughter data indicate. There are several other numbers in the report worth looking at beyond the headline all cattle and calves number. Watch for the number of heifers held back for replacement. That should show another decline as the cycle peaks out. Also watch for the calf crop estimate, in particular for revisions to past years data based on placement patterns. The number of cattle on small grains pasture will be interesting also gauging supplies of feeder cattle to come from wheat pasture country.
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