Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


Allendale Expects On Feed Numbers to Remain Higher than Year Ago Levels in Next Cattle on Feed Report

Wed, 18 Jan 2012 06:55:15 CST

The January Cattle on Feed Report will be released by the US Department of Agriculture on Friday, January 20th at 2:00 PM central time, after the cattle futures markets are closed for the week. Allendale has released their pre- report estimates, according to their Director of Research, Rich Nelson, and here are the highlights of what the company expects in the Friday release:


"December Placements are expected to be 4.0% smaller than last year. We expect smaller supplies of medium and heavy feeders to offset continued liquidation in the South. Cattle placed in December will be marketed from May to September.


"Allendale anticipates a Marketing total 1.7% higher than December of 2010. There was a 1.5% adjustment made due to days on the calendar in that month. In addition, we have adjusted our estimate to reflect the discrepancy between USDA's COF marketing number and actual steer and heifer slaughter over recent months.


"Total Cattle on Feed as of January 1 will be 2.8% larger than last year."


Allendale also has compiled a pre-report estimate for the USDA Cold Storage report for pork. According to Nelson, " Allendale projects a 493 million lb. total pork stock level for the end of December. This is just over the five year average of 481 million lbs. It implies a 1 million lb. drawdown from the previous month. December typically sees a 3 million lb. drawdown. Beef stocks, at 443 million lbs., are below the five year average of 466. The change from last month is a 6 million lb. increase. The five year average change is a 2 million lb. drawdown."

 

WebReadyTM Powered by WireReady®NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.