Agricultural News
Running Out of Tricks- Placements Fall 19 Percent in Latest Cattle on Feed Report
Sat, 20 Oct 2012 14:09:27 CDT
Extension Livestock Market Economist Dr. Derrell Peel talked with Farm Director Ron Hays of the Radio Oklahoma Network about a variety of subjects on Friday afternoon in his office on campus at Oklahoma State University. The starting point of the conversation was the October 2012 USDA Cattle on Feed Report, which shows three percent fewer cattle in US feedlots compared to one year ago. More importantly, it shows we are beginning to run short on calves to place into the feedlots, with placements off 19% from one year ago. Marketings were off by ten percent compared to September 2011.
Click here to review the actual report from USDA.
This is the first of several Beef Buzz shows that will feature Dr. Peel and his comments about the beef and cattle markets. If you want to hear our complete conversation with Dr. Peel now, click here for our Ag Perspectives Podcast with Dr. Derrell Peel.
The Beef Buzz is a regular feature heard on radio stations around the region 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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