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 Projects a Five Percent Smaller Cattle on Feed Number in Upcoming USDA Report

Wed, 19 Feb 2014 12:44:50 CST

Allendale Projects a Five Percent Smaller Cattle on Feed Number in Upcoming USDA Report The US Department of Agriculture will release a pair of livestock inventory reports on Friday, February 21st at 2:00 PM central time. Both the monthly Cattle on Feed Report as well as the Monthly Cold Storage Report will be released on Friday after the markets are closed for the week.

According to Rich Nelson with Allendale, the Cattle on Feed Report will show January Placements off 4.3% lower than last year. Cattle feeders have been encouraged by the recent return to profitability driven by lower feed costs and higher cattle prices. Corn averaged $4.34 in Western Kansas in January ($4.34 in December, $7.35 in January 2013). Limitations on placements due to scarce feeder supplies will be the key issue for cattle feeders from here on out.

Allendale anticipates a Marketing total 4.2% lower than January 2013. There was no calendar day adjustment this month.

Total Cattle on Feed as of February 1 will be 5.3% smaller than last year- based on the numbers that have been calculated by Allendale.

On the Cold Storage Report- Allendale projects a 602 million pound total pork stock level for the end of January. The five year average is 566 million pounds for the end of January. Our estimate represents an increase of 45 million pounds from the previous month. The five year average month to month change for January is a 58 million pound increase. Beef stocks, at 437 million pounds, are above the five year average of 464 million pounds. This month's number represents a 1 million lb. drawdown from the previous month. The five year average change is a 6 million pound increase.



   



 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday April 7, 2020  Tue, 07 Apr 2020 17:27:51 CDT
  • Tuesday, April 7, 2020 Market Wrap-Up with Justin Lewis  Tue, 07 Apr 2020 14:52:56 CDT
  • Recent Plant Closings Show Biofuel Demand, Farm Economy Under Significant Strain   Tue, 07 Apr 2020 12:31:30 CDT
  • Latest Fire Situation Report Shows Cimarron and Texas still in Fire Danger   Tue, 07 Apr 2020 10:57:57 CDT
  • Speakers to Cover Farm Security Topics at 2020 Virtual Summit  Tue, 07 Apr 2020 09:55:47 CDT
  • Team Sorghum Hires New Director of Operations, Promotes Duff to Executive Vice President  Tue, 07 Apr 2020 09:51:47 CDT
  • Farmer Sentiment Plummets as Coronavirus Concerns Rise  Tue, 07 Apr 2020 09:44:03 CDT
  • Beef Industry Focuses On Sustainabiity, says NCBA's Alisa Harrison  Tue, 07 Apr 2020 09:37:55 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.