Beef Buzz News
OSU's Derrell Peel Expects Higher Feed Costs to Impact How Feedlots Buy Feeder Cattle
Tue, 09 Mar 2021 08:03:30 CST
Rising feed prices will impact how feedlots respond to the feeder cattle market this spring, said Dr. Derrell Peel, OSU Extension livestock market economist.
There’s been a lot of talk about the high feed prices and how it will impact protein production, Peel said.
I remind folks that we’re going to continue to feed cattle, but the feedlots could be interested in buying more pounds on the front end, buying them a little heavier and reducing that total feed bill, Peel said.
As we go through the next four months, I think we will see more of that dynamic play out, Peel said.
The OSU economist said the drought map is a little bit concerning especially in the western part of the country, as we move into the spring grazing season, which could also impact feed costs.
There will be more impact in April and May out west, Peel said, and that will impact the stocker industry.
The prospects for Osage Country and Flint Hills grazing look decent, he added.
As producers prepare for the spring grazing season, they are still adding up the losses from the February brutal cold.
Most losses are going to be reflected by the higher costs to the producers just dealing with event, he said.
The losses of actual cattle are significant for individual producers but overall, not that big, Peel said.
We’ve had mature animals falling through the ice and we lost some newborn calves, Peel said, and that is a significant cost to those producers.
Click on the LISTEN BAR below to hear more comments from Dr. Peel.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today’s show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
Ron Hays Beef Buzzes With Dr. Derrell Peel
right-click to download mp3
WebReadyTM Powered by WireReady® NSI
Beef News
New Company Touts Affordable And Efficient Livestock RFID Ear Tagging System Thu, 22 Apr 2021 08:06:58 CDT
New Livestock Electronic Tracking System Simplifies Record Keeping Wed, 21 Apr 2021 08:24:01 CDT
Oklahoma National Stockyards Continues to Play a Significant Role For The Cattle Industry Tue, 20 Apr 2021 08:12:05 CDT
Oklahoma National Stockyards Having a Good Year Says President Kelli Payne Mon, 19 Apr 2021 08:08:20 CDT
Momma Cows Could Still be Showing Effects of February's Brutal Cold Says OSU's Mark Johnson Fri, 16 Apr 2021 08:03:44 CDT
February's Brutal Cold Could Impact Breeding Bulls This Spring Says OSU's Mark Johnson Thu, 15 Apr 2021 08:06:56 CDT
U.S. Meat Export Federation CEO Expects Good Year For Exports Wed, 14 Apr 2021 08:22:00 CDT
U.S. Meat Exports Down in Latest Report But Dan Halstrom, U.S. Meat Export Federation, Says That Was Expected Tue, 13 Apr 2021 07:43:40 CDT
Rancher Lamar Steiger Says Wal Mart Focused on Providing High Quality Fresh Beef Mon, 12 Apr 2021 08:15:13 CDT
Wal Mart Heads The List of Grocery Stores Focusing on Providing Quality Beef For Consumers Fri, 09 Apr 2021 08:34:04 CDT
Arkansas Beef Producer Explains How Wal Mart Improved Its Meat Counter Reputation Thu, 08 Apr 2021 08:18:03 CDT
Producers Should Have a Plan Ready if Drought Becomes Reality This Summer, Says OSU's Derrell Peel Wed, 07 Apr 2021 08:14:52 CDT
Strong Demand Fueling Higher Beef Cattle Prices Says OSU's Derrell Peel Tue, 06 Apr 2021 08:01:26 CDT
Flies Are a Huge Economic Threat For Pasture Cattle Says Mark Upton, Central Life Sciences Mon, 05 Apr 2021 07:58:15 CDT
Beef Cattle Producers to Receive CFAP Funds Soon, Says NCBA's Ethan Lane Fri, 02 Apr 2021 08:09:12 CDT
NCBA's Voluntary Price Discovery Policy Approaches First Milestone Says Ethan Lane in The D.C. Office Thu, 01 Apr 2021 07:58:15 CDT
Senate Legislation Establishing Percentage of Cash Versus Negotiated Cattle Trade Examined by NCBA's Ethan Lane Wed, 31 Mar 2021 08:20:52 CDT
Cloud of Uncertainty Hangs Over Meat Demand Going Into Spring Months Tue, 30 Mar 2021 10:56:10 CDT
KSU's Dr. Glynn Tonsor Develops Tool to Determine Value of Calf Vaccination Programs Mon, 29 Mar 2021 07:50:16 CDT
KSU's Dr. Glynn Tonsor Uses Meat Demand Index to Measure Improving Economy Fri, 26 Mar 2021 08:03:06 CDT
Cattle Producers to Finally Receive Payments From First Round of CFAP Thu, 25 Mar 2021 08:04:47 CDT
Research Shows Grazing Cattle Provide Many Benefits For Both Humans And The Environment Wed, 24 Mar 2021 08:22:03 CDT
Next Six Weeks Critical For Cattle Market Says OSU's Dr. Peel Tue, 23 Mar 2021 07:58:45 CDT
No Surprises in The February Cattle on Feed Report Says OSU's Derrell Peel Mon, 22 Mar 2021 08:02:35 CDT
Jack Ward, American Hereford Association, Praises Cattlemen's Congress And Will Make Decision on Returning in 2022 by Early April Fri, 19 Mar 2021 08:29:02 CDT
New Dietary Guidelines Say It's Okay to Give Beef to Infants And Toddlers Thu, 18 Mar 2021 07:53:36 CDT
Consumer Demand For High Quality Beef Increased During The Pandemic Says Dr. Nevil Speer Wed, 17 Mar 2021 15:30:22 CDT
Livestock Shows Displaying Real World Examples of What we Need on The Farm, Says OYE Judge Frank Ward Tue, 16 Mar 2021 08:17:27 CDT
Horn Flies Are a Huge Economic Threat For Pasture Cattle But Can be Easily Controlled Mon, 15 Mar 2021 08:30:01 CDT
Current Congress Unlikely to Repeal Death Tax Says NCBA's Danielle Beck Fri, 12 Mar 2021 08:26:32 CST
KSU Research Shows Consumers Overwhelmingly Prefer Beef Burgers Over Plant-Based Alternatives Thu, 11 Mar 2021 08:15:22 CST
It's Important to Accurately Compare Genomic EPDs For Older and Younger Cattle, Says Kelli Retallick, Angus Genetics, Inc. Wed, 10 Mar 2021 08:32:10 CST
OSU's Derrell Peel Expects Higher Feed Costs to Impact How Feedlots Buy Feeder Cattle Tue, 09 Mar 2021 08:03:34 CST
Good Record Keeping Critical For Profitability, Regardless The Size of Beef Cow Herd Mon, 08 Mar 2021 07:48:36 CST
Consumers Want More High Quality Beef, Says CattleFax CEO Randy Blach Fri, 05 Mar 2021 08:01:32 CST
