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


Agricultural News

Robb Says Beef is Helping to Improve Retail and Food Service Sectors

Tue, 19 Apr 2016 23:54:13 CDT

Robb Says Beef is Helping to Improve Retail and Food Service Sectors

Jim Robb, director of the Livestock Market Information Center, says the retail beef business was a bright spot in a somewhat dismal Advance Monthly Retail Trade Report released April 13. The U.S. Department of Commerce report provides a broad economic view of retail and food service companies.

The report is used as a barometer of the overall economy, and although several sectors have struggled recently, the restaurant and food service sectors were up nearly 5 percent from last year and grocery store sales rose nearly 4 percent.

Robb says the beef industry is gaining ground when it comes to market share. According to USDA’s recent beef prices, “choice beef was actually down year-over-year about $.09/lb but was up month-to-month compared to February.”

“We start to put the puzzle together in terms of the volume, and it looks like some of the featuring and the consumer interest is pretty good in the beef complex, especially in the grocery store,” Robb says.

The Livestock Market Information Center is a consortium of land grant universities, USDA agencies and livestock organizations that provides economic analysis and market projections for the livestock industry.

Radio Oklahoma Network Farm Director Ron Hays recently spoke with Robb. Listen to his economic analysis 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

  • LMA's Jara Settles Updates Status of ELDs and Hours of Service for Cattle Industry  Mon, 09 Dec 2019 14:10:17 CST
  • Monday Preopening Market Update with Dave Lanning  Mon, 09 Dec 2019 07:14:12 CST
  • Heart of America Agricultural Hemp Classic Coming in January in Kansas City Area  Mon, 09 Dec 2019 06:36:06
  • Friday December 6 2019 Market Wrapup with Justin Lewis  Fri, 06 Dec 2019 20:11:33
  • Plains Cotton Growers Offers Stress Resources to Producers  Fri, 06 Dec 2019 17:50:47 CST
  • 2019-2020 Oklahoma High School Seniors Conservation Auxiliary Scolarship Application  Fri, 06 Dec 2019 17:40:45 CST
  • Recapping the 2019 U.S. Soybean Crop Results  Fri, 06 Dec 2019 17:34:12 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, December 6, 2019  Fri, 06 Dec 2019 17:30:01 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!


    Search OklahomaFarmReport.com

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

    WebReady powered by WireReady® Inc.