Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

Expansion is Finally Here, But Just How Big Can the US Beef Herd Actually Get

Thu, 28 Jul 2016 11:52:51 CDT

Expansion is Finally Here, But Just How Big Can the US Beef Herd Actually Get

Expansion is finally here, says Don Close of Rabo AgriFinance, referring to the U.S. cow herd. But just how big is it expected to get?

“When this whole rally started back in late 2013-2014, my early number was between 32-33 million on beef cow numbers,” Close said. “With the econometric modeling that we’re doing, we’ve really revised that back and… in 2018-2019, we’re looking for a beef cow number of 31-31.2 million. We’ve trimmed that back pretty hard.”

The limitations, Close says, is not the availability of production space, but is rather a matter of expected consumption. He explained that if total per capita protein consumed is approximately between 200-205 lbs. with beef totals contributing to that range at around 54-56 lbs., then production eventually reaches a cap on per capita consumption. Further to his point, he noted that to date, U.S. beef has never exceeded 11 percent of production in exports on a volume basis.

“As we see it, the real lynchpin in the whole marketplace moving forward is we really have to focus and drive those exports in excess of 11 percent,” Close said. “That will ultimately drive what our cow herd limitations are, and profitability throughout the sector.
“That’s really where the make or break point going forward is, we’ve got to export.”

Listen to Don Close talk more on the size of the U.S. beef cow herd now and down the road on today's Beef Buzz.

The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.



Listen to Don Close break down the current US beef herd expansion
right-click to download mp3


WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, January 17, 2020  Sat, 18 Jan 2020 10:35:51 CST
  • Friday, January 17, 2020 Market Wrap-Up with Justin Lewis  Fri, 17 Jan 2020 15:03:22 CST
  • Michael Peters of Okarche Named Secretary-Treasurer for U.S. Wheat Associates   Fri, 17 Jan 2020 13:32:52 CST
  • Cattle Industry Will Provide Watchful Eye as US and Chinese Trade Officials Work to End Non Scientific Trade Barriers for US Beef  Fri, 17 Jan 2020 12:26:35 CST
  • A Positive Week for the Beef Industry Concerning Trade   Fri, 17 Jan 2020 11:36:50 CST
  • Alltech Launches Relief Effort for Australian Farmers  Fri, 17 Jan 2020 09:06:38 CST
  • Friday Preopening Market Update with Dave Lanning  Fri, 17 Jan 2020 08:31:09 CST
  • Atop the RON Rural Soapbox - Former Secretary John Block  Fri, 17 Jan 2020 08:30:09 CST

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma City Farm Show KIS FUTURES, INC. Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!


    Search OklahomaFarmReport.com

    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.