Oklahoma State University Livestock Marketing Specialist Derrell Peel says the drought is still a big factor in holding back heifer retention. “I have no indication that we have started herd rebuilding.” The start of 2024 will signal the lowest point of this cattle cycle. “There’s a whole list as to why this herd rebuilding is so slow to start. Part of it is producers are recovering their forage base and financially after being stressed from the drought.”

