NMSU to Co-Host Southwest Beef Symposium February 8 & 9 in Lubbock

USDA Report Predicts Beef Exports to Fall in 2023

by Chris Moore, meatingplace.com

AUSDA’s Economic Research Service (ERS) Livestock, Dairy and Poultry Outlook forecasts beef exports to fall between 2022 and 2023.

The ERS shows 2023 beef exports to decline by 472 million pounds, or 13.3 percent.

The report references ongoing widespread drought and higher operation costs for beef cattle producers as the main cause for the shortage. In the first week of November, the U.S. Drought Monitor reported that 85 percent of the United States experienced some level of drought.

About 76 percent of the U.S. cattle herd is being raised in drought-stricken areas, which is an increase of 40 percent from a year ago.

A higher rate of slaughter and stronger demand raised the 2022 beef production 211 million lbs. However, the harsh conditions in the U.S. means fewer cows are expected to be slaughtered next year, which lowers the projection by 90 million lbs. to 26.3 billion lbs., which is a decline of more than 7 percent from the 2022 projection.

However, the forecast for the total 2023 U.S. beef trade is unchanged, the report reads.

The ERS also shows beef imports slowed for the first half of 2022.

“Third-quarter imports were 798 million pounds, 14 percent less than last year and 8 percent below the 5-year average,” the report reads. “Imports for the quarter from most major suppliers decreased year over year, with the largest decrease from New Zealand, down nearly 41 percent.”

The year-to-date imports from New Zealand are down 22 percent from last year. While imports from New Zealand and Australia have declined, their exports to China increased.

Imports from Brazil decreased 28 percent, but year-to-date imports from Brazil remain elevated due to the spike in imports in the first quarter, but monthly imports from the country have been relatively consistent since June. ▫

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NMSU to Co-Host Southwest Beef Symposium February 8 & 9 in Lubbock

The New Mexico State University Cooperative Extension Service and Texas A&M University AgriLife Extension Service will co-host the annual Southwest Beef Symposium Wednesday, February 8 and Thursday, February 9 at the Overton Hotel and Convention Center, 2322 Mac Davies Lane, in Lubbock, Texas.

The two-day event focuses on the latest issues that impact cattle producers from New Mexico and west Texas.

“Herd reduction due to drought was widespread across the region,” said Marcy Ward, NMSU Extension livestock specialist. “Conditions have recently shifted to where producers may want to build back their herds. Therefore, the overall theme of this year’s symposium will be on herd expansion.”

First day topics include updates on weather and economic outlooks; the dairy beef sector; and the 30 x 30 conservation policies that could impact private landowners. The second day will focus on management regarding heifer replacement considerations; retained ownership; and health management.

Registration will be $75 per person if received by February 3, or $95 at the door. Checks should be made payable to Texas A&M AgriLife Extension Service and mailed to Texas A&M AgriLife Extension Service, Banking and Receivables Department, P.O. Box 10420, College Station, TX 77842. For more information or to register for the event, visit tamu.estore.flywire.com/ productssouthwest-beefsymposium-2023-77152

For additional information, contact Ward at maward@nmsu.edu or 575/644-3379 or Bruce Carpenter, AgriLife Extension livestock specialist, at bruce.carpenter@ag.tamu.edu or 432/336-8585. ▫