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ANALYSIS: Four Months Below 47%, Female Slaughter Signals a Shift Toward Herd Rebuilding
The percentage of weekly cattle slaughter accounted for by females (cows & heifers) broke below the 47% mark in late May, dipping to 46.3% the week of May 23 after opening the period near 49%. Since briefly testing 47% again in mid-June, female slaughter has stayed under that threshold for essentially the entire summer, drifting through the mid-to-high 44% range with a low of 43.6% the week of August 29. The pattern has held for roughly four consecutive...