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


Derrell Peel: Analyzes PEDv & Weather on Livestock Price Trend

Wed, 28 May 2014 10:39:32 CDT

Derrell Peel:  Analyzes PEDv & Weather on Livestock Price Trend

A dramatic change in the weather pattern changes the outlook for the southern plains. The Memorial Day Weekend rainfall was significant for the the region that has battled drought for the last four years. Oklahoma State University Extension Livestock Marketing Specialist Derrell S. Peel says getting heavy rains across western Oklahoma, west Texas and eastern New Mexico brings renewed optimism for producers.


“This is a dramatic event, “ Peel said. “ It was a heavy enough rain in many cases to run some water, that will rebuild some ponds.”


“Its very timely from a forage standpoint as well,” he said. “It will certaintly iniatiate some forage growth and if we get any follow through at all, we can salvage part of 2014 from a forage standpoint.”


Memorial Day Weekend marks the start of the summer grilling season. Peel will continue to track how higher beef prices are impacting consumer demand through the holiday.    


"Thats pretty key, obvoiusly in terms of beef demand in the face of these high prices, so we’ll will be watching that closely,” Peel said. “Weather conditions in the southern plains were wet, which was probably a cause for celebration, but it might have impacted things, but in general we’ll just have to wait and see a little bit later here, what the indications are for beef movement during this period.”


The hog industry also continues to see higher prices from the impact of the Porcine Epidemic Diarrhea Virus, known as PEDv. For the last year the virus has dropped hog numbers.


“Nobody really knows for sure, but some where between 7 and 10 million baby pigs have been killed as a result of this disease,” Peel said. “ There is no effective real control at this time, so it continues to effect the market. “


The virus has tighted pork supplies and slaughter numbers are down simply due to the lack of pigs. Peel says hog farmers are making up for the drop in hog numbers with heavier carcass weights. He anticipates it will take at least through the rest of this year to move through the impacts of this disease, so it will continue to impact hog prices for several more months.


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Friday, April 3, 2020 Market Wrap-Up with Justin Lewis  Fri, 03 Apr 2020 15:39:59 CDT
  • Global Changes Could Impact U.S. Farmers' Spring Planting Intentions Says USDA Chief Economist Rob Johansson  Fri, 03 Apr 2020 14:30:08 CDT
  • Despite Global Challenges, U.S. Pork and Beef Exports on Record Pace through February  Fri, 03 Apr 2020 14:07:52 CDT
  • USDA Adds Additional Flexibilities for Crop Insurance to Support America’s Farmers and Ranchers  Fri, 03 Apr 2020 13:18:47 CDT
  • Coronavirus Impact Ripples Across Farm Country  Fri, 03 Apr 2020 14:15:59 CDT
  • *Deadline Extended* OKFB Accepting Applications for $1,000 Scholarships  Fri, 03 Apr 2020 11:39:47 CDT
  • National Sorghum Producers to Open Board Director Applications  Fri, 03 Apr 2020 10:17:47 CDT
  • USDA Announces Second Application Window for Distance Learning and Telemedicine Grant Program Funding  Fri, 03 Apr 2020 10:15:47 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.