Progressive Cattle Editor Carrie Veselka visits with Texas A&M AgriLife Extension Ag Economist David Anderson and Rick Machen with the King Ranch Institute for Ranch Management at the 2023 Texas A&M Beef Cattle Short Course.

The USDA National Agricultural Statistics Service (NASS) released its midyear Cattle report on July 21, offering an important update on cattle inventories. The report confirmed that the U.S. cow herd has continued to decline through the first half of the year.

“Just a second. Just be patient,” is a phrase I find myself often repeating to my 2-year-old, and might I add very determined daughter.

Since January, slaughter data has indicated a 12% decline in beef cow slaughter. This is likely a combination of improving pasture conditions, sufficient reductions in animal units per acre on poorer pastures and the prospect of improved profitability from selling calves.

With generally improving pastures and lower expected feed costs this year, the demand for feeder calves is well supported.

In this episode, Clay Burtrum, a commercial cow-calf producer in Oklahoma, shares his experience with a two-year virtual fencing project with Oklahoma State University.

There will be producers who have feed resources and believe profits are to be had in 2023 and 2024. The quickest way for these producers to increase the feeder cattle supply is through the addition of bred cows or bred heifers.

The total number of all cattle and calves on Jan. 1, 2023, was estimated at 89.3 million head, about 2.8 million fewer than the previous year. This marks the fourth year of contraction for aggregate beef and dairy cattle inventories, in the ninth year of the current cattle cycle – the cyclical expansion and contraction of the national cattle herd over time.