Dr. Levi Russell, AgriLife Extension economist in Corpus Christi, told attendees at the recent South Central Texas Cow-Calf Clinic in Brenham the cattle market has continued its historic price run due to supply constraints.

“Part of the reason for these high prices is low supply,” he said. “Overall, it doesn’t appear these prices are going to level off anytime soon due to the fact there are fewer beef cows out there.”

Russell said data indicate continued strong consumer demand, both domestically and for exports.

“This makes most folks think these high prices will continue to hold,” he said.

Prices for 700-pound to 800-pound steers in the first quarter of 2015 suggest $229 per hundredweight to $333 per hundredweight, according to Dr. David Anderson, AgriLife Extension livestock economist, College Station.

Those prices are expected to remain relatively steady throughout 2015 as more ranchers continue to slowly rebuild herds, Russell said.

Russell said simple management practices such as castrating calves can add more dollars to a rancher’s pocket.

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