Episode
E592 CoBank Says the Heifer Rebuild Starts in 2027. Run the Numbers, and It’s a 5.3-Point Crawl, Not a Comeback.
- Podcast
- The Bullvine Daily Brief
- Published
- Jun 18, 2026
- Duration seconds
- 1024
- Processing state
not_requested- Canonical source
- https://rss.com/podcasts/the-bullvine/2925916
Actions
POST https://stenobird.com/v1/public/podcasts/the-bullvine-7024491/episodes/e592-cobank-says-the-heifer-rebuild-starts-in-2027-run-the-numbers-and-it-s-a-5-3-point-crawl-not-a-comeback/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/the-bullvine-7024491/e592-cobank-says-the-heifer-rebuild-starts-in-2027-run-the-numbers-and-it-s-a-5-3-point-crawl-not-a-comeback.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
CoBank says replacements rebuild in 2027 and 2028. Run the numbers — it gives back less than half of what got pulled out, and never clears the danger zone. The Bullvine Podcast breaks down CoBank's new replacement-heifer forecast and finds the rebuild is real but thin: 360,200 head added over 2027 and 2028, just 3.75% of the herd, against 796,000 drained in the prior two years. Replacement values sit above $3,100, with top heifers clearing $3,400 to $4,400 at Minnesota and Wisconsin auctions this spring. Here's what it means for your 2027 breeding sheet. What You'll Learn Why a 360,200-head rebuild barely dents a 909,400-head, 19% inventory slide since 2016 How a snap-back in cull rates erases part of the recovery before it lands Why $251/cwt beef futures keep the replacement pipeline starved The one scenario CoBank didn't model — and why it's the fastest path to a rebuild The 30-day move to make while the cattle market is still calm The beef check now drives margins more than the milk check on many farms — calf and cull sales jumped from 5% of the bottom line to 12 to 15%, some near 20%. As long as beef pays, dairies keep beef-breeding the bottom of the herd and replacements stay tight, especially in processing-growth zones like New York, Texas, Wisconsin, Michigan, Idaho, and the I-29 corridor. If you're budgeting replacements for 2027 and 2028, $2,600 to $2,800 is the optimistic case — not the number to bank on. Full article and sources: https://www.thebullvine.com/farm-economics-management/dairy-heifer-rebuild-cobank-2027/ Subscribe for straight-talking dairy analysis. Share this with a producer who needs it.