Sometimes our roles as animal health pros involve helping customers and clients think through future decisions. With beef cattle prices surging against lower inventories, Wesley Tucker shares eight questions producers should consider before planning a beef herd expansion. Available land, interest and labor costs along with carrying capacity are important considerations as animal health pros discuss herd decisions with producers.
Source: Missouri Ruralist, August 26, 2024. Link.
Related: CoBank: Rebuilding the U.S. beef cow herd may take years, RFD TV, August 23, 2024. Link.
With inventory at its lowest level in more than 60 years and market conditions incentivizing cow-calf producers to sell calves rather than keep them for future breeding, speculation looms over the timeline to rebuild the herd.”