With Supplies of Feeder and Stocker Cattle Tight- Cattle Prices Will Remain Historically HighThu, 07 Apr 2011 6:01:54 CDT
Randy Blach with Cattlefax told the Texas and Southwestern Cattle Raisers this past weekend that our feeder cattle and stocker cattle supplies are tight- and getting tighter, one of the reasons that prices for stocker cattle and yearlings remain very strong.
Blach says that at first glance, two key numbers don't seem to line up. We have almost a million fewer yearling and stocker cattle than we had just a year ago- yet placements of cattle into the nation's feedlots are up almost 850,000 head in recent months. What is happening is that we are placing larger numbers of lightweight cattle. Some of that can be attributed to drought conditions, while greed seems to be another factor- prices are simply so good- the incentive is to move animals as quickly as you can through the beef pipeline.
On today's Beef Buzz, we hear Blach's explanation of current calf and yearling numbers- and their implications in the days ahead.
Our thanks to Tony St. James with KFLP Radio in Texas sharing the Randy Blach presentation with us from the Sunday General Session of the TSCRA.
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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