Oklahoma's Latest Farm
And Ranch News
Tuesday, October 25, 2022
Dr. Derrell Peel: Feedlots Turning the Corner?
Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner." Today, Dr. Peel talks about the latest USDA Cattle on Feed Report.

The latest USDA Cattle on Feed report pegged the October 1 cattle on feed inventory at 11.449 million head, down 0.9 percent year over year. This is the first year over year decrease in the monthly on-feed inventory since December 2021. Among the largest feedlot states, on-feed totals in Texas and Nebraska remain higher year over year, up 3.3 and 3.8 percent respectively while feedlot totals are down in Kansas, 6.7 percent lower year over year and Colorado, down 5.3 percent from last year.

The quarterly breakdown of steers and heifers for October 1 showed that the number of steers on feed was down 2.3 percent from last year while the number of heifers was up 1.4 percent year over year. The number of heifers on feed indicates continued liquidation in the cattle herd with heifers on feed representing 39.7 percent of total feedlot inventories, the highest heifer-on-feed percentage in 21 years since October 2001. The number of heifers on feed in Texas on October 1 was up 13.1 percent year over year, giving Texas an unusually large share of total heifers on feed and the highest Texas total for heifers on feed since 2001. This is consistent with the severe drought conditions in the southern plains this year.

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Rural Oklahoma is full of some of the greatest success stories throughout the entire state and is a big reason why Oklahoma is on track to become a top 10 state. 

The Road to Rural Prosperity dives into these stories, bringing you stories covering rural life, agriculture, energy, healthcare, tourism, and politics affecting rural America. 

The Road to Rural Prosperity is here to tell stories about rural America, for rural America.

KC Sheperd shares the story of Joey Carter, a hard-working farmer who was widely regarded as a model citizen in a rural North Carolina town. Carter is the focus of a movie coming out in October called Hog Farmer- the Trials of Joey Carter.
He was not the type of person who ever expected to find himself caught up in the middle of a federal lawsuit involving some of the nation’s most ruthless trial lawyers and one of the world’s largest food companies.

But that’s exactly what happened when Joey’s family farm became the focal point in a series of nuisance trials that attracted national and international media attention. While his neighbors leveled charges of environmental racism in hopes of winning multi-million-dollar verdicts, Joey was left wondering how this could happen to a man who has always taken pride in playing by the rules.

Search for Road to Rural Prosperity and subscribe on your favorite Podcast platform.

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Reach Out To Us:
Tim West
President/General Manager
Rural Oklahoma Networks



Mike Henderson
Director of Sales


KC Sheperd
Farm Director
Radio Oklahoma Ag Network

Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network