LIMOUSIN TODAY LimToday_HRI18_WEB | Page 86

Industry A Decade of Beef Cow Herd Dynamics By Derrell Peel, Oklahoma State University Extension The January 1, 2018 beef cow herd inventory of 31.723 million head was very close to the 2009 herd size of 31.794 million head a decade earlier. However, the industry has been through quite a bit since then and some short and long-term changes are evident in the current situation among major beef cow states. For more than half of the last decade, the U.S. beef cow herd continued a nearly uninterrupted liquidation that began in 1996 and continued 84 | JUNE/JULY 2018 until 2014. The only exception was a short-lived expansion attempt in 2005-2006, that added a minimal 171 thousand head to the herd size before resuming liquidation in 2007. From 2009 to 2014, the U.S. beef cow herd dropped by 2.708 million head, with the final two million head the result of severe drought in the Southern Plains from 2011 through 2013. Overdue herd expansion began in 2014 with a total recovery of 2.638 million head by 2018. However, some interesting short and long run trends are evident among major beef cattle states in the last decade. Texas, the la rgest beef cow state, had a beef cow inventory of 5.17 million head at the beginning of the decade in 2009. By 2014, the Texas beef cow inventory was down 24.4 percent to 3.91 million head, the lowest state beef cow inventory since 1958. Since 2014, the Texas beef cow herd has added 675 thousand head, recovering 54 percent of the 1.26 million head decrease