Loading…
Oklahoma State University extension reports beef cow slaughter down 16.3% year over year in the first 37 weeks of 2024, indicating reduced culling. The update discusses herd rebuilding prospects for 2024 and 2025, with the next official cattle inventory due January 2025.
Reduced cow culling and possible heifer retention tighten near-term cattle supplies, supporting cattle prices while herd rebuilding is underway.
extension.okstate.eduSep 30, 2024After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
