Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


2017 Marketing Year Off to a Good Start as Demand for Beef Strengthened by Pro-Trump Sentiments

Thu, 16 Mar 2017 11:29:00 CDT

2017 Marketing Year Off to a Good Start as Demand for Beef Strengthened by Pro-Trump Sentiments


Beef is looking pretty good right now, with a strong rally recently in boxed beef wholesale trade, plus export numbers are in for January and according to Jim Robb of the Livestock Marketing Information Center, this year has kicked off to a great start.


He told Radio Oklahoma Ag Network Farm Director Ron Hays that with cattle slaughter up 6.3 percent for the week and beef production up 8.1 percent, “We’re very current in our feedlot situation, but it is a bit of a surprise. That last fall was really a struggle for the markets to adapt.”


Nonetheless, Robb contends that the demand profile, both domestic and foreign, has been very positive.


“But we have to remember that this is the time of the year,” he hesitated, “typically March, April and May is the peak of the fed cattle market.”


Still, Robb cites macro-economic data from consumers remains robust and people are buying lots of steaks, a good indication of strength in the markets, which are currently riding a rally spurred by positive attitudes toward Trump.


Listen to Hays and Robb discuss the meat market’s strong demand for beef and its contributing factors, on today’s 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.






   




   

Listen to Hays and Robb discuss the meat market's strong demand for beef, on today's Beef Buzz
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Chair of the Beef Marketing Group Lee Borck Talks About the Risk and Rewards of Feeding Cattle  Tue, 22 Aug 2017 16:04:01 CDT
  • Swine Health Information Center Funds Near Real-Time Global Swine Disease Monitoring System  Tue, 22 Aug 2017 15:38:01 CDT
  • Economic Impact Report Shows American Sheep Industry Generated $5.8 Billion to U.S. Economy  Tue, 22 Aug 2017 15:26:40 CDT
  • Steer and Heifer Calves Sell with Higher Undertones on Tuesday at OKC West Livestock in El Reno  Tue, 22 Aug 2017 15:11:51 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday, August 22, 2017  Tue, 22 Aug 2017 15:02:09 CDT
  • Tuesday Market Wrap-Up with Justin Lewis  Tue, 22 Aug 2017 14:46:32 CDT
  • Tuesday Afternoon Market Wrap-Up with Carson Horn  Tue, 22 Aug 2017 14:40:11 CDT
  • ICYMI - Oklahoma Cattlemen's Association's Dallas Henderson Promotes the OCA's Range Round Up  Tue, 22 Aug 2017 11:45:11 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com


       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI