Cattle Count Down Two Percent
In USDAs Mid-Year Inventory
WASHINGTON Talk of premature cow
herd rebuilding was all the vogue early last year, but
that was scotched by a mid-year inventory showing a two
percent decline in numbers, a trend confirmed by the Jan.
1 annual inventory.
Some determined analysts have since begun a tentative
resurrection of the rebuilding scenario despite tumbling
prices, widespread drouth and large feedlot heifer
placements.
Wrong again, it appears.
USDAs mid-year cattle inventory, released late
last week, shows yet another decline in the nations
cow herd, and what may pan out as the smallest calf crop
in almost half a century.
The tally counts 107 million cows and calves as of
July 1, down two percent from 109 million at the same
time last year, and four percent fewer than the 111.5
million counted July 1, 1996.
The inventory lists all cows and heifers that have
calved at 43.3 million head, down two percent from 44
million last year and four percent fewer than the 45
million on hand two years ago.
Beef cows, at 34.1 million, were two percent fewer
than a year ago and down four percent for two years. Milk
cows, at 9.2 million, were down one percent and two
percent, respectively.
All heifers 500 pounds and heavier totaled 16.7
million, down two and three percent. Beef replacement
heifers, at five million, were down a whopping six and
nine percent, respectively. At 3.6 million, dairy
replacement heifers were unchanged from last year and
down three percent from two years ago. "Other"
heifers, at 8.1 million head, were down one percent from
a year ago and unchanged from July 1, 1996.
Steers weighing 500 pounds or more totaled 14.5
million head, down two and four percent. Bulls of that
weight tallied 2.2 million head, down four and eight
percent. Calves under 500 pounds, at 30.3 million, were
down two percent and four percent.
USDA estimates the 1998 calf crop will total 37.9
million head, down two percent from last year and five
percent from 1996. If correct, it would be the smallest
calf crop since 1951. Calves born during the first half
of the year are estimated at 27.9 million head, down two
and five percent.
|