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August 1, 2025
General Sessions
livestock … Current Livestock andMeat Issues
Brian CoffeyKSU Agricultural … Herd
Heifers as a percent of cattle on feed tends to be a leading indicator of herd expansion and contraction
No strong downward trend
Beef cow slaughter substantially below the levels of the last couple of years
All Federally Inspected Slaughter is well below 2024 levels and 5‐year average
All FI Slaughter includes cows, bulls, calves
Fed Steer and Heifer Slaughter is below 2024 levels
Note this is on a head basis, not pounds
Heifer Slaughter below 2024 levels
US …
September 7, 2016
livestock … cwt)*** $136.44 127.74000000000001
Dec. Fed Cattle ($/cwt)**** 102.93 100.08000000000001 $124.96
Beef … in "Diet Formulation v 8 budgets April 2015" from Mike on …
September 7, 2017
livestock … cwt)*** $150.00 $122.25
Dec. Fed Cattle ($/cwt)**** $108.50 111.1 $111.19
Beef … in "Diet Formulation v 8 budgets April 2015" from Mike on …
December 14, 2017
livestock … cwt)*** $142.00 $113.76
Dec. Fed Cattle ($/cwt)**** $114.00 $114.00 $101.65
Beef … in "Diet Formulation v 8 budgets April 2015" from Mike on …
December 19, 2018
livestock … cwt)*** $153.43 $124.39
Dec. Fed Cattle ($/cwt)**** $117.00 114 $107.86
Beef … in "Diet Formulation v 8 budgets April 2015" from Mike on …
January 1, 2015
livestock … cwt) $180.75 175.27500000000001 $193.23
5-area Fed Cattle ($/cwt) $126.34 120.36499999999999 $158.42
Beef … in "Diet Formulation v 8 budgets April 2015" from Mike on …
January 3, 2024
2024 Livestock Budgets
livestock … cwt)*** $229.00 $167.00
Dec. Fed Cattle ($/cwt)**** 166.93 $178.00 $133.00
Beef … cwt) $24.90 24.58 $21.95 Did not update Dairy budget in Dec. 2023
Replacement …
July 2, 2025
2025 Livestock Budgets
livestock … cwt)*** $287.56 $203.42
Dec. Fed Cattle ($/cwt)**** 207.25 195.89999999999998 $158.70
Beef … cwt) $24.90 24.58 $21.95 Did not update Dairy budget in Dec. 2023
Replacement …
December 28, 2021
2022 Livestock Budgets
livestock … cwt)*** $178.00 $145.00
Dec. Fed Cattle ($/cwt)**** $140.00 140 $114.61
Beef … in "Diet Formulation v 8 budgets April 2015" from Mike on …
December 16, 2022
2023 Livestock Budgets
livestock … cwt)*** $192.44 $177.02
Dec. Fed Cattle ($/cwt)**** $154.50 $163.13 $139.61
Beef … in "Diet Formulation v 8 budgets April 2015" from Mike on …