As of mid-September, cull cow prices at Oklahoma auctions are an average of 33.1 percent higher year over year across all grades and dressing percentages. Higher slaughter cow prices are the result of strong lean beef markets and the related growth in breeding demand for cows.
Beef cow slaughter increased annually from 2015 – 2022 and, after rising sharply the past two years to the highest level since 1996, is declining year over year in 2023. Beef cow slaughter is falling more sharply in the second half of this year and may end the year down in the range of 15-17 percent from year…