NORMAN — According to Dr. Derrell Peel with Oklahoma State University, the annual cattle inventory report confirmed that the U.S. cattle herd continued to liquidate in 2013. The inventory of all cattle and calves was 87.7 million head, down 1.8 percent from one year ago and the smallest total U.S. cattle herd since 1951.
The beef cow inventory was 29 million head, down 0.9 percent from last year and the smallest beef cow herd since 1962. The numbers indicate that the industry is poised to begin rebuilding in 2014 — weather permitting.
Among the 10 largest beef cow states, the cow herd was up in five states and down in five. The largest decrease in cow numbers occurred in Texas, followed by South Dakota, Montana, Kentucky and Nebraska.
Beef cow numbers increased in Kansas, Missouri, Oklahoma, Arkansas and North Dakota. On net, there was a slight increase in beef cow numbers in the top 10 beef cow states.
The inventory of beef replacement heifers was up 1.7 percent, a bit smaller than pre-report expectations. However, the number of beef replacement heifers as a percent of the beef cow herd, at 18.8 percent was the largest in more than 20 years, including the last cyclical expansion in the early 1990s.
Among the top 10 beef cow states, beef replacement heifers were up in seven states. The result is a net increase of beef replacement heifers of 4.1 percent among the top 10 states.
Only Montana, North Dakota and Kentucky had fewer replacement heifers compared to last year, while Texas, Missouri, Oklahoma, Nebraska, South Dakota, Kansas and Arkansas had an increase from 2013. Oklahoma led the increase among states with 45,000 more beef replacement heifers, an increase of 16.1 percent year over the previous year.
The 2013 U.S. calf crop was 33.93 million head, down 1 percent from 2012. A smaller calf crop, combined with increased heifer retention and fewer feeder cattle imports, resulted in a 2.7 percent decrease in estimated feeder cattle supplies Jan. 1, at 24.8 million head, down from 25.5 million head one year ago.