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


What's the Outlook for Beef Exports After Early Success in 2017? Jim Robb of the LMIC Weighs In

Fri, 17 Mar 2017 17:16:18 CDT

What's the Outlook for Beef Exports After Early Success in 2017? Jim Robb of the LMIC Weighs In


Meat markets have had a good year thus far, in terms of beef exports, which were up almost 20 percent in January compared to the same time last year. The big question everyone is asking though is, ‘can we hope to keep up this momentum and a strong 2017 going? Executive Director of the Livestock Marketing Information Center in Denver, Jim Robb, told Radio Oklahoma Ag Network Farm Director Ron Hays that while markets are unexpectedly strong right now, some pullback in the coming months wouldn’t be a surprise.


“The seasonal pattern is very strong in beef exports, much like our seasonal pattern in beef production,” Robb said, but points out that we are coming up on the typically peak months for beef exports - July, June and August. “So, we are in the time of year where we’re really going to have to watch whether these year-over-year increases can persist.”


Robb says forecasts are projecting solid gains regardless what happens this year, but believes it unlikely that those gains will sustain this 20 percent average as we come off this peak period. Still, while there may be great potential for 2017, there are nevertheless a couple wildcards that could create kinks like political uncertainty and even the impacts of avian influenza among other things.


“We’re getting closer to that time frame of the year,” he said. “The box beef market is absolutely the key.”


Listen to Hays and Robb discuss the early success in the export markets for 2017 and what prospects of continued success remain, 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 prospects for continued success in exports, on today's Beef Buzz
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2:00 pm Monday, April 23, 2018  Tue, 24 Apr 2018 05:41:38 CDT
  • Monday Market Wrap-Up with Justin Lewis  Mon, 23 Apr 2018 18:42:30 CDT
  • Introducing Your 2018 Star in Ag Production, Rhett Taylor of the Okemah FFA Chapter  Mon, 23 Apr 2018 18:29:51 CDT
  • USDA Undersecretary Bill Northey Tours Wildfires, Announces Changes to FSA Disaster Programs  Mon, 23 Apr 2018 18:21:26 CDT
  • Southern Plains Wheat Crop Remains Stuck in Poor to Very Poor Condition- While Early Corn Planting Going Slow-  Mon, 23 Apr 2018 18:16:14 CDT
  • Mark Hodges Named Extending the Legacy Award Winner for 2018 by Oklahoma Wheat Commission  Mon, 23 Apr 2018 09:44:55 CDT
  • Derrell Peel Believes Latest Cattle on Feed Report Provides Evidence of Heifer Retention Slowing Significantly  Mon, 23 Apr 2018 09:30:41 CDT
  • Monday Preopening Market Update with Dave Lanning  Mon, 23 Apr 2018 07:21:32 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.