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

  • Cattle on Feed a Bearish Surprise with Placements Five Percent Above Trade Expectations  Sat, 21 Oct 2017 10:31:54 CDT
  • EPA Admin. Scott Pruitt Changes His Tune in Letter to Senators, Promising to Strengthen the RFS  Fri, 20 Oct 2017 15:59:18 CDT
  • Piper Merritt Hopes to Hang Her Hat Among the National FFA Officers Who Call Oklahoma Home  Fri, 20 Oct 2017 15:48:28 CDT
  • ACC Calls Upon Global Leaders to Take Action Against IARC Over Deliberate Manipulation of Data  Fri, 20 Oct 2017 14:52:16 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, October 20, 2017  Fri, 20 Oct 2017 14:43:08 CDT
  • OK Cattlemen's Association's Michael Kelsey Confronts Out-of-State Challengers to Checkoff Initiative  Fri, 20 Oct 2017 14:36:09 CDT
  • Friday Market Wrap-Up with Justin Lewis  Fri, 20 Oct 2017 13:59:30 CDT
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 20 Oct 2017 13:52:03 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