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Cattle feedlots seeing significant changes

An extension beef field specialist suggests cattle feedlots are seeing significant changes.

Beth Doran with Iowa State University says the cow herd continues to decline.

“That’s spilling over into the feedlot industry. We do know in that cow herd we’re at a 61-year low (and) that’s affected the feeder cattle part of our feedlots right now in terms of buying cattle.”

She tells Brownfield that’s resulted in some feedlots turning to beef on dairy calves because of high feeder calf prices.

“Not to forgo that beef on dairy calves, their prices have increased also in response to this. But they’re still at an economic advantage compared to a straight beef calf.”

Doran says despite feed costs softening, overall input costs are elevated with inflation and high interest rates negatively impacting the bottom line.

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