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


Strong Herd Rebuilding for 2015, Peel Says More Cows Needed Over Next Three Years

Tue, 22 Dec 2015 16:05:50 CST

Strong Herd Rebuilding for 2015, Peel Says More Cows Needed Over Next Three Years


On today’s edition of the Beef Buzz, we’re reviewing 2015 and looking ahead to 2016 with Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel. Herd rebuilding continued this past year. Peel said there is no doubt herd rebuilding has taken place. He estimates upwards of one-million head of cows were added this past year.


The bigger unknown is how the downturn in the cattle markets have effected growth going forward. Peel said it’s hard to tell if that caused producers to change their plans on heifer retention. He doesn’t think producers will change their plans for heifers that are set to calve in the first half of 2015. There’s more uncertainty about the new crop of fall heifers. Peel doesn’t look for these changes to impact 2016 cow numbers, but rather 2017.


In trying to find that ideal size for the U.S. beef cow herd, there are a lot factors influencing those numbers. Peel said that includes supply, domestic demand and international demand. While domestic demand has stayed strong, international demand has struggled with the stronger U.S. dollar. In going forward, he said recovery in the export markets will determine the size of the U.S. cowherd. With heavier carcass weights over the last two years, he said there won’t be as many cattle needed. He said that could actually shave off the size of the cowherd. If the U.S. adds roughly a million head of cattle in 2015, Peel thinks potentially another million to million and half head will be needed going forward. That could happen over 2016, 2017 and potentially into 2018.


Radio Oklahoma Network Farm Director Ron Hays featured Peel on the Beef Buzz feature. Click or tap on the LISTEN BAR below to listen to today's Beef Buzz.


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 Dr. Derrell Peel of OSU
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Corteva Agriscience Launches LANDVisor — State-of-the-Art Digital Technology for Ranchers and Land Managers  Fri, 22 Nov 2019 11:36:41 CST
  • Atop the RON Rural Soapbox - Former Secretary John Block  Fri, 22 Nov 2019 08:51:03 CST
  • Ed Elfmann of the American Bankers Assocition Weighs in on the Current State of Ag Lending   Thu, 21 Nov 2019 22:12:56 CST
  • Steers Calves Higher- Yearlings Mixed at Thursday Sale in Woodward, Oklahoma  Thu, 21 Nov 2019 21:54:08 CST
  • Getting a USMCA Vote in the House in 2019 Looking More and More Unlikely  Thu, 21 Nov 2019 17:23:58 CST
  • Congressman Lucas on Passing of Former State Representative Elmer Maddux  Thu, 21 Nov 2019 16:55:51 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Thirsday, November 21, 2019  Thu, 21 Nov 2019 16:52:10 CST
  • Oklahoma Beef Council Kicks Off Second Year of Partnership with Steven Adams with the Academy of Smashing Steaks Promotion  Thu, 21 Nov 2019 13:13:45 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.