North America: Heifer sales, high calf prices and lower slaughter

Published 2023년 10월 26일

Tridge summary

Due to drought conditions in North America, ranchers are selling heifers at a high rate, accounting for up to 44% of calf disposals in Mexico, Canada, and the United States. Despite the current high prices of calves and an increase in marketing volumes, the liquidation of the female herd continues. While slaughter rates have decreased by 7% compared to the previous year, imports are on the rise for countries in the region such as Mexico, the United States, and Canada.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At Rabobank they indicated that due to the drought conditions experienced in the North American region, ranchers are promoting the sale of heifers during the fall season, representing up to 44% of the total disposition of calves in Mexico, Canada and the United States. This happens even though calf prices are currently 50% higher compared to the same time in 2022, and although marketing volumes in this area are on the rise, it has not been enough to stop the liquidation of the female herd. Despite the increase in exchanges, slaughter remains 7% below the previous year, which means that 4,700 cattle are being processed weekly, reaching levels similar to those registered in 2021. YOU MAY BE INTERESTED: Due to lack of rain, death of livestock and liquidation of herds, in Durango livestock farming faces a crisis situation According to the Dutch financial institution, the latest carcass weights recorded in North America were around 919 pounds per unit, which was 2.5 pounds higher. to ...

Source: Ganaderia