We are approaching the end of 2022 and are getting a more complete picture of beef cow and heifer slaughter and its implications for future supplies. Through October 29th, heifer slaughter is up about 5 percent in 2022 as compared to a year ago. Beef cow slaughter is approximately 13 percent higher than a year ago. Combined, approximately 765,000 more beef cows and heifers were processed in the first 10 months of 2022 as compared to the same period in 2021.
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Trend lines are often useful for forecasts of all types. Shown in…