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Texas’ cattle herd numbers continue to shrink, but calf prices remain strong, according to a Texas A&M AgriLife Extension Service expert.Future cattle prices could hinge on weather and subsequent grazing availability and/or input costs, such as grain., said David Anderson, Ph.D., AgriLife Extension livestock marketing economist. Retail beef prices could be influenced by beef imports and the largest amount of beef in cold storage since 2016.However, future cattle and beef prices hinge on longterm size of the U.S. herd, Anderson said.Calf prices remain strong, and the market experienced recent increases, but Anderson expects herds to continue to shrink in 2023.

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177