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


Production Costs and Cost of Gain Will Play Key Role in Cattle Profitability - Derrell Peel Explains

Wed, 27 Apr 2016 21:54:41 CDT

Production Costs and Cost of Gain Will Play Key Role in Cattle Profitability - Derrell Peel Explains


In the latest edition of the Beef Buzz, OSU Extension Livestock Marketing Specialist Derrell Peel offers strategies for cow-calf producers and stocker operators as we move through the second quarter of 2016.


Peel says that although calf prices are currently pretty strong, they will continue to decline as beef herd numbers continue to build. Now is the time for cow-calf producers to pay close attention to margins.


“They need to be aware of what the market prices are likely to do, but at the end of the day, they can’t change them,” he says. “So they really need to focus their attention on cost management and try to protect their margins.”


When it comes to stocker cattle, Peel says producers need to understand the relationship between stocker cattle values and the cost of gain. While it was once more profitable to take cattle to 800 to 900+ lbs before marketing them, the low cost-of-gain means feedlots are now more interested in putting the weight on themselves.


“If stocker producers pencil out the value of the last 200 lbs of gain on the big end relative to the first 200 lbs when they first start with these cattle, they may find an incentive to turn those cattle a little bit quicker and concentrate more of their effort on the light-weight end of things,” Peel says.


Listen to Peel’s complete strategy for cow-calf producers and stocker operators during this edition of the Beef Buzz.


The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is 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.



   




   


right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Calf Auction Fundraiser for All American Beef Battalion Set for December 16th at the Oklahoma National Stockyards  Tue, 10 Dec 2019 07:04:01 CST
  • Environmental Law Enforcement Training Available in OKC  Tue, 10 Dec 2019 06:32:18 CST
  • Steer Calves, Heifer Calves and Yearlings Steady at Joplin Regional Stockyards on Monday  Tue, 10 Dec 2019 06:53:54 CST
  • Feeder Steers and Steer Calves Steady, Feeder Heifers and Heifer Calves Steady at Oklahoma National on Monday  Tue, 10 Dec 2019 05:46:53 CST
  • Monday December 9, 2019 Market Analysis with Justin Lewis of KIS Futures  Tue, 10 Dec 2019 05:43:43 CST
  • Calf Auction Fundraiser for All American Beef Battalion Set for December 16th at the Oklahoma National Stockyards  Tue, 10 Dec 2019 05:18:04 CST
  • Corn Harvest Reaches 92%, Cotton Harvest Reaches 89% Nationally in Final Crop Progress Report of the Year  Tue, 10 Dec 2019 03:31:14 CST
  • OSU's Derrel Peel Talks How Beef Exports are Struggling and Imports are Steady so far for 2019  Mon, 09 Dec 2019 20:24:24 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.