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


Derrell Peel Writes Feedlot Business a Clean Bill of Health Noting Aggressive and Current Marketings

Fri, 07 Apr 2017 14:06:50 CDT

Derrell Peel Writes Feedlot Business a Clean Bill of Health Noting Aggressive and Current Marketings


Feedlot operators are bucking a trend of recent years, sending bigger and bigger carcasses to packing plants. In 2017 so far, carcass weights of cattle being shipped off are significantly lower compared to those seen last year. Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel says that is a good thing, and it is helping us manage the larger numbers of cattle now entering the pipeline. He talked to Radio Oklahoma Ag Network Farm Director Ron Hays from a mathematical standpoint as to why feedlots are making the switch.


“When you multiply the increase in slaughter, we’re having and we expected to have,” he said, “you offset part of that with this decreased carcass weight. So, it moderates the increase in beef production that’s going on. That’s the immediate effect.”


Generally, though, lower carcass weights in a time of growing supply, to Peel, is indicative of a healthy feedlot situation right now. He insists that is the best strategy to handle the larger number of cattle in production currently.


“These feedlots have continued to market cattle very aggressively, very timely,” Peel pointed out. “They’re current, and you know, that’s good!”


Listen to Dr. Peel's prognosis of the cattle industry as he takes the pulse of the feedlot situation with Ron Hays, 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 Dr. Derrell Peel's prognosis of the cattle industry as he takes the pulse of the feedlot situation
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Drought Conditions Creep Higher Across Oklahoma According to Latest Drought Monitor Report  Fri, 15 Dec 2017 12:02:35 CST
  • OSU's FAPC Center Highlights Its $52 Million Economic Impact on Oklahoma's Food Industry in 2017  Fri, 15 Dec 2017 11:44:40 CST
  • CattleFax Analysts Present Cattle Market Expectations for 2018 in Upcoming Webinar - Register Now  Fri, 15 Dec 2017 11:34:08 CST
  • OSU Debuts Its New Mobile Grain Bin Safety Trailer to Offer Crop Farmers Free Emergency Training  Fri, 15 Dec 2017 11:24:14 CST
  • AFR's Steve Thompson Doubts Special Session to Make Much Progress Fixing Budget, Other Issues  Fri, 15 Dec 2017 11:08:10 CST
  • Atop the RON Rural Soapbox - Former Secretary John Block  Fri, 15 Dec 2017 10:38:13 CST
  • Fed Cattle Exchange Offers New Opportunity to Explore Price Discovery in Today's Changing Market  Fri, 15 Dec 2017 10:13:59 CST
  • Friday Preopening Market Update with Dave Lanning  Fri, 15 Dec 2017 07:19:21 CST

  • 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

    Find more about Weather in Oklahoma City, OK

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

    WebReady powered by WireReady® Inc.