What's normal is a good question, but really hard to define. 42/58 is a rough approximation. This rebuilding is nothing normal however. The drought that depopulated Kansas Oklahoma Texas and New Mexico removed a lot of cows from intense ag areas. Unlike Georgia and Alabama and Tennessee - they also raise a lot of beef, but those herds are held by people that are generally less dependent on cattle income. The southwest is wet and aggressively repopulating. There is another element to rebuilding that is at work here - the rebreeding of cull cows. These cows are building future tonnage from their calves, and the cows themselves are taking a lot of beef out of the current supply chain. Said differently, our current market signals under reflect our current beef supply. We can expect the aggressive rebuilding to continue until signals end rebuilding. These delayed marketing "rebreed cows" and "would have been saved back heifers" slam the supply chain,likely in a disorderly supply. Might be a good time to forward price production.