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


For Cow Calf Producers- A Great Time to Be in the Cattle Business- Derrell Peel Tells All

Sat, 23 Aug 2014 20:03:12 CDT

For Cow Calf Producers- A Great Time to Be in the Cattle Business- Derrell Peel Tells All


For the cow calf end of the beef cattle industry, it's a great time to be in the business as long as you have been able to hang onto your cow herd through the years of drought. Cattle numbers are tight and prices here in 2014 have really responded with records being broken multiple times as the year has worn on. In our latest Beef Buzz, Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel says that the opportunity to make money in the beef cow calf sector has never been better- and that profitability is likely to be out there for the balance of 2014, all of 2015 and likely in 2016 as well.


Dr. Peel says that the normal seasonal pressure on calves and stockers that we see in the fall is probably not going to happen here this fall. In fact, Peel says that it is possible that we could see even higher calf prices from record levels happen yet this fall.


He believes that the strength in the cattle market we have seen in 2014 is the result of forces that have been building for quite some time. He sees little chance that there willbe much downside in markets. There will be some short term volitility in this market- and it's important that you have the ability to hold calves for a week or two longer if needbe in order to not get caught in any temporary weakness that will periodically happen.


Peel adds that the biggest challenge for many of our producers is simply having something to sell. "If you have it, it's going to sell pretty well."


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.



   


    

Ron Hays Beef Buzzes with Derrell Peel on the extraordinary value of calves here in 2014 and beyond
right-click to download mp3

 

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.