Calf prices strengthen, cattle herd shrinking

Calf prices are expected to climb once Texas cattle producers are convinced the drought is over and begin rebuilding their herds. (Texas A&M AgriLife photo by Michael Miller)
Calf prices are expected to climb once Texas cattle producers are convinced the drought is over and begin rebuilding their herds. (Texas A&M AgriLife photo by Michael Miller)

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, Bryan-College Station. Retail beef prices could be influenced by …