Agricultural News
OSU Economist Derrell Peel Peeks Into 2011- Where are Cattle Prices Headed?
Sun, 19 Dec 2010 6:51:30 CST
What's ahead for the new year when it comes to cattle prices? Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel says its hard to say that prices need to go even higher, especially when we find ourselves at historically very strong prices. However, based on tight supplies, Dr. Peel believes that stronger prices are needed- especially when you think about the need to start holding back females to rebuild the US cattle herd.
Dr. Peel also discusses where we stand with beef demand and what he thinks 2011 holds. We have comments with Dr. Peel on today's Beef Buzz.
The Beef Buzz is a regular feature heard on radio stations around the state on the Radio Oklahoma Network- but is also 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.
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