Heifer slaughter remained strong in the first half of 2023 but does show signs of declining going forward. For the first half of the year, total heifer slaughter was down 0.5% year over year with a decrease of over 4% in the month of June.
The July “Cattle” report will be released by USDA on July 21 and the industry is looking to see if there are any indications that herd liquidation has ended, and herd rebuilding might begin. The report is expected to show that herd liquidation continued in the first six months of the year but may slow in the remainder of the year. There is no…
