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


Cattle Market Hitting on All Cylinders Right Now, But CattleFax Serves this News with a Grain of Salt

Mon, 03 Apr 2017 12:35:55 CDT

Cattle Market Hitting on All Cylinders Right Now, But CattleFax Serves this News with a Grain of Salt


Radio Oklahoma Ag Network Farm Director Ron Hays attended the Texas and Southwest Cattle Raisers Association Convention in San Antonio this past weekend and reports that one of the highlight from the event, was the analysis offered by CattleFax CEO Randy Blach, on the current position of the cattle market. According to him, the end of 2016 and the early days of 2017 have proved to be very good indeed for cattle producers.



“It’s been a really good recovery we’ve seen since last fall,” Blach observed. “The markets have come back about 35 percent, so we’re seeing cattle profitable in all segments of the industry which is a very welcome situation.”



In fact, feeder cattle in particular, have to this point even outperformed what the folks at CattleFax had projected. Blach says that right now things are hitting on all cylinders but points out, too, that the market has behaved almost erratically during the last several months and warns producers against putting all their eggs in one basket so to speak.



“We’re in one of the most volatile times in the history of our industry,” he said. “I think we all have to take it with a grain of salt. With the magnitude of moves that we’re seeing in these markets, we’re quite likely going to continue to see bigger swings from highs to low, and from lows to highs that what we’ve seen over the last 20 or 30 years. I think we just need to get used to that.”



Listen to Hays and Blach review the performance of the cattle market over the last several months along with his concerns, 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 Blach review the performance of cattle markets over the last several months with Ron Hays
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Monday, March 1, 2021 Market Wrap-Up with Justin Lewis  Mon, 01 Mar 2021 15:53:42 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m, Monday, March 1 2021  Mon, 01 Mar 2021 15:02:38 CST
  • 12 House Ways & Means Members Call on Treasury to Withdraw Section 199A Rules for Farmer Co-ops  Mon, 01 Mar 2021 12:35:17 CST
  • Optimism in Beef Industry Fueled by Strong Demand with Higher Prices Anticipated  Mon, 01 Mar 2021 11:46:22 CST
  • Dr. Derrell Peel on the U.S. Beef Export Situation and Update   Mon, 01 Mar 2021 11:39:16 CST
  • Governor Still Appoints Shelley Paulk to OK Tax Commission   Mon, 01 Mar 2021 11:31:54 CST
  • The Victor Ranch Receives Oklahoma Leopold Conservation Award  Mon, 01 Mar 2021 09:24:30 CST
  • USDA Announces Dr. Dewayne Goldmon as Senior Advisor, Racial Equity, and Andy Green as Senior Advisor, Fair and Competitive Markets  Mon, 01 Mar 2021 09:20:56 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.