Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


From the Cattlefax Market Outlook Seminar- Randy Blach Offers a "Big Picture" Summary

Sat, 31 Jan 2009 17:58:55 CST

From the Cattlefax Market Outlook Seminar- Randy Blach Offers a The anchor leg of the Cattlefax Market Outlook Seminar was handled, as always, by the CEO of Cattlefax, Randy Blach. Blach offered his thoughts on where the beef cattle industry has been over the last year- and where we are possibly headed in 2009. (In the picture is Jamie Willrett, President of Cattlefax and to his right, Randy Blach as they watch the crowd assemble for the Outlook Seminar)

He talked about the importance of knowing your costs and the margins of your business. He contends that having the Commodity Funds in the cattle futures market is a good thing because it provides valuable liquidity to the market- and that is worthwhile even with the volitility that it brings.

He spoke of the importance of the international marketplace- airing his concerns about mandatory COOL in alienating important customers like Mexico and Canada. He also expressed his opinion that perhaps the top goal he would like to see accomlished in this new year is to get Japan to raise the age barrier for animals that they will accept beef from- upping the threshold from twenty months of age to thirty months of age. Blach says that will deliver a billion dollars of impact to the US cattle producer as this increased Japanese access could deliver an increase of $4 per hundredweight very quickly.

You can hear all of Randy's comments as he concluded the Market Outlook Seminar on Thursday during the Cattle Industry Convention in Phoenix- click on the Listen Bar below to hear him.


   
     

 

Randy Blach at the Cattlefax Market Outlook Seminar
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • EPA Admin. Scott Pruitt Changes His Tune in Letter to Senators, Promising to Strengthen the RFS  Fri, 20 Oct 2017 15:59:18 CDT
  • Piper Merritt Hopes to Hang Her Hat Among the National FFA Officers Who Call Oklahoma Home  Fri, 20 Oct 2017 15:48:28 CDT
  • ACC Calls Upon Global Leaders to Take Action Against IARC Over Deliberate Manipulation of Data  Fri, 20 Oct 2017 14:52:16 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, October 20, 2017  Fri, 20 Oct 2017 14:43:08 CDT
  • OK Cattlemen's Association's Michael Kelsey Confronts Out-of-State Challengers to Checkoff Initiative  Fri, 20 Oct 2017 14:36:09 CDT
  • Friday Market Wrap-Up with Justin Lewis  Fri, 20 Oct 2017 13:59:30 CDT
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 20 Oct 2017 13:52:03 CDT
  • Farm Bill and Trade Anticipated as Hot Topics of Discussion at 2017 Fall Wheat Industry Conference   Fri, 20 Oct 2017 13:17:08 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI