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Temporal shifts in slaughter more than offset lower weights

August 25, 2022
Hannah Brooks and Russell Knight

At the close of the year’s second quarter, beef cattle producers continue to cull a large portion of their breeding herds, as shown in Figure 1 of weekly volumes of federally inspected beef cow slaughter for the previous three years.


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Drought conditions pull cattle forward in 2022; limited cattle supplies draw down 2023 production

June 24, 2022
Hannah Brooks and Russell Knight
Drought is playing a significant role in the cattle cycle. Two years of drought have deteriorated pasture and forage conditions, and the pastureland condition index for 2022 is off to its worst start for the grazing season since the series began in 1995 (Figure 1).
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Cow and bull slaughter in first-quarter 2022 at highest level in decades

May 24, 2022
Hannah Brooks and Russell Knight
In the first quarter of 2022, federally inspected (FI) nonfed cattle slaughter reached volumes not seen since the mid-1980s, based on USDA Agricultural Marketing Service (AMS) estimated and actual weekly slaughter data through the week ending April 2, 2022.
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Beef production continues to be down in 2022

April 25, 2022
Hannah Brooks, Christopher G. Davis, and Russell Knight
For March 2022, the annual forecast for commercial beef production was raised 195 million pounds to 27.57 billion pounds from the previous month, on stronger expected non-fed and fed cattle slaughter.
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U.S. cattle inventory down fractionally

March 23, 2022
Hannah Brooks, Christopher G. Davis, and Russell Knight
In the USDA National Agricultural Statistics Service (NASS) semiannual Cattle report released on Jan. 31, the total number of cattle and calves on Jan. 1, 2022, was estimated at 91.902 million head – 2%, or nearly 1.888 million head lower than the previous year.
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Tightening supplies

February 25, 2022
Stephen R. Koontz
Cattle and beef markets continue to show good and improving strength into 2022. The opening weeks of February communicate potential tightening of, most notably, feeder animal supplies into the summer.
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Cattle cycle scenario II: Drought abates

February 25, 2022
Derrell S. Peel
A previous article considered what continued drought might force the industry to do in terms of additional herd liquidation. Another scenario is that drought across the country subsides and is not a significant factor in 2022.
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Cow and bull slaughter and dressed weights lift production forecast

February 24, 2022
Hannah Brooks, Christopher G. Davis, and Russell Knight
Beef production in 2021 is expected to total 27.95 billion pounds, up 55 million pounds from the previous month’s forecast. This increase is driven by a more rapid pace of cow and bull slaughter as well as by heavier cattle dressed weights.
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Jan. 1 feeder cattle supplies decline

February 14, 2022
James L. Mitchell
One estimate that analysts like to calculate from the Cattle Inventory report is feeder cattle supplies outside feedlots as of Jan. 1.
Read More

Feedlots maintain cattle inventories

January 28, 2022
Derrell S. Peel
Unexpectedly large December placements once again pushed feedlot inventories higher year over year on Jan. 1. Feedlot placements in December were 106.5% of last year, higher than the average trade expectation and above the trade estimate range.
Read More
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