After two years of declining sales, the bovine semen industry is experiencing a remarkable resurgence. Reports from both the dairy and beef semen sectors indicate increased sales in 2024, showing a promising trend that might not only match but potentially surpass the record levels seen in 2021. Jay Weiker, President of the National Association of Animal Breeders (NAAB), emphasizes the optimistic outlook for the industry, suggesting that if the current growth trajectory persists, new record sales could be on the horizon.
“Unit sales have not yet returned to the record levels of 2021. However, if the current trajectory continues, new records can be expected in the near future,” Weiker says.
In 2024, total unit sales increased by 4%, culminating in nearly 69 million units. This 2.7 million unit increase nearly compensates for the previous year’s decline. Moreover, the value of exported semen rose by over 6%, or roughly $20 million, establishing a new record of $326 million.
By Karen Bohnert
March 18, 2025
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