cow herd began to contract during 2019……Since 2020, the year-over-year rate of inventory decline for beef cows has increased.”ĭrought is one factor contributing to recent declines in the beef cow inventory. Department of Agriculture, Economic Research Service, March 14, 2023.ĮRS noted that, “According to the USDA, National Agricultural Statistics Service (NASS), the U.S. The current cattle cycle began in 2014, and the beef cow herd is now in a contraction phase-a period of declining inventory.” Livestock, Dairy, and Poultry Outlook: March 2023, LDP-M-345, U.S. The cyclical pattern of inventory is due to the biological nature of beef cattle production and cattle producers’ responses to changes in prices and climate conditions. In its monthly Livestock, Dairy, and Poultry Outlook report earlier this week, the USDA’s Economic Research Service (ERS) indicated that, “Changes in beef cow inventory are related to the current and future phases of the cattle cycle- the cyclical expansion (increase) and contraction (decrease) of the national beef cattle herd over time, which tends to span between 8 and 12 years. Illinois Farmland Leasing & Rental Forms.Illinois Crop Budgets & Historic Returns.Farmland Leasing Facts Sheets & Pricing Information.Illinois Soil Productivity & Yield Utilities.Biomass Crop Budget Tool – Miscanthus & Switchgrass.

Appraisal of Current Financial Position.Balance Sheet & Historical Financial Statements.Post Application Coverage Endorsement Tool (Sheet).

Bonus s fertilizer