Western South Dakota's Only Ranch Station

inventory

The smaller numbers in the report could be a sign of further contraction in the industries.
Another often-overlooked aspect is the 'Other Disappearance' section. This July, it surged by 16%, which translates to 9,000 head more than the previous year. South Dakota and Nebraska accounted for the majority of this change. As for the rest of the findings, marketings stood 5.3% lower than last year, resulting in a 2.3% reduction in Cattle on Feed.
AHA
Until enough cow-calf producers anticipate enough returns for a long enough period of time, herd expansion will be tempered.  In the meantime, cattle supplies will continue to tighten.
Intense drought across much of the western U.S. has led beef cow slaughter 14% higher year to date. Also, a large number of replacement heifers were diverted to feeding channels this winter and spring and retention of females has declined.

Weather

Rapid City, US
7:18 pm, September 23, 2023
56°F
overcast clouds
Wind: 7 mph
Pressure: 1013 mb
Visibility: 10 km
Sunrise: 6:40 am
Sunset: 6:49 pm
Avery Fogelman
Advertisement

Market News