It is no secret that slaughter cow numbers this year have been elevated but it’s the rate they have occurred that has been puzzling. Higher input costs in the form of hay, pasture rent, fuel, etc. partially caused by general economic inflation, low stock-to-use ratios in corn and soybeans, and high crude oil prices have raised the cost of production. Add to that a worsening drought, several years of low feeder cattle prices, and cull cow prices not seen since 2014/15 pulled up by a high cull cutout value and there have…
AustralianCountryLife
July 28, 2022
