Oklahoma's Latest Farm
And Ranch News
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Tuesday, January 28, 2025 | | | |
Fewer Feedlot Placements; Less Heifers on Feed |
Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry as part of the weekly series known as the “Cow Calf Corner,” published electronically by Dr. Peel, Mark Johnson, and Paul Beck. Today, Dr. Peel discusses the latest Cattle on Feed report.
The January USDA-NASS Cattle on Feed report shows a feedlot inventory of 11.823 million head, down 0.9 percent year over year. January feedlot inventories were down from December levels meaning that December is the likely seasonal peak in feedlot numbers this season. Feedlot inventories typically peak in the winter, usually from December to February but as early as November and as late as April.
December marketings were about as expected, up 1.0 percent compared to one year earlier. However, December 2024 had one extra business day compared to 2023, so daily average marketings were down 3.8 percent year over year. For all twelve months of 2024, feedlot marketings were down 0.2 percent from the previous year.
December placements were down 3.3 percent year over year. Placements in December were lower than expected and outside the range of pre-report estimates. For all twelve months of the year, total placements were down 1.6 percent from the previous year.
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Podcasts From Oklahoma Farm Report and More | |
Two of our regular reports are also podcasts that you can subscribe to- Our daily Farm and Ranch News with KC Sheperd- available here on the Apple Podcast Platform
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Periodically- we offer interviews on our Ag Perspectives Podcast series- this podcast is available here.
Ron has also has a series of podcasts from interviews with newsmakers at the Cattlemen's Congress- Click here or you can find them on your favorite Podcast platform- look for them by searching for Cattlemen's Congress Conversations.
We are making plans to jump back into regular installments of what has been called the Road to Rural Prosperity- a new name and fresh content is in the works- for now- click on the blue button below for one of our favorites that is a timeless classic.
The link below is one of our most recent podcasts- Ron spotlighting the Life and Times of Dr. Kim Anderson, who has just retired from OSU.
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God Bless!
Reach Out To Us:
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Tim West
President/General Manager
Rural Oklahoma Networks
405-317-6361
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Mike Henderson
Director of Sales
405-615-4922
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KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
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Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
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