Farms.com Home   News

What are the Expectations of Cattle Inventory the Next Few Years?

By Andrew Griffith

This week a question rolled in related to cattle inventory and expectations of cattle inventory the next few years and its influence on market prices. Answering this question correctly is easier than Rocky the Flying Squirrel carrying Bullwinkle.

Relatively low cattle prices the first half of 2021 and drought concerns in some major cattle producing regions will definitely result in a lower beef cattle inventory on January 1, 2022. This means a reduced supply of calves and feeder cattle, which should support prices in 2022. As prices increase, more heifers will be expected to be retained. This time of retention will further support feeder cattle prices. There is a chance that beef cattle inventory sees a slight increase in 2023 but certainly by 2024. However, the cattle market should be in a bull market at least through 2024 given the current situation.

These expectations could be disrupted by outside factors such as drought or supply disruptions. However, one cannot make decisions based on expectations of unknown disruptions.

Source : osu.edu

Trending Video

Vaccinating Pregnant Sheep & Ensuring Lamb Parentage | Daily Sheep Farming Life

Video: Vaccinating Pregnant Sheep & Ensuring Lamb Parentage | Daily Sheep Farming Life

Welcome to another day at Ewetopia Farms, where we focus on raising high-quality registered Suffolk and Poll Dorset sheep. In today’s vlog, we vaccinate four groups of pregnant ewes, administer their final de-licing treatments, and meticulously record each sheep's group for accurate lamb parentage tracking. Watch as we share our best practices for sheep care and flock management, ensuring the health and well-being of our flock. Whether you’re a fellow farmer, an animal lover, or simply curious about sheep farming, you’ll find insights and inspiration here at Ewetopia Farms. Don’t forget to like, comment, and subscribe to join us daily on our journey!