Pro Farmer Editors
In their latest Livestock, Dairy and Poultry Outlook, USDA says commercial cow and bull slaughter is increasing seasonally into November 2008
and continues at a high rate, despite being an atypically large share of the U.S. cow
herd. Despite uncertainty over mandatory country-of-origin labeling and
appreciation of the U.S. dollar vs. the Canadian dollar, an increase in imports of
Canadian cows and bulls is contributing to the seasonal increase in U.S. commercial
USDA says cow prices have declined 20 percent from July 2008 highs. "The continuing high cow slaughter will likely have implications for the January 1
estimates of cow inventories in the National Agricultural Statistics Service’s Cattle
report to be released January 30, 2009," they add.
Link to full report.