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


Market Watcher Jim Robb Says 1Q Strength just the Start to Solid Growth in Export Markets this Year

Thu, 13 Apr 2017 14:25:36 CDT

Market Watcher Jim Robb Says 1Q Strength just the Start to Solid Growth in Export Markets this Year


The beef industry has had a great start to 2017, underpinned by large numbers of exports and low imports. But while we have seen success here in the 1Q of the year, will the markets be able to keep up this pace as the year goes on? Jim Robb of the Livestock Marketing Information Center offered his point of view to Radio Oklahoma Ag Network Farm Director Ron Hays on the issue.


“The seasonal pattern is really for exports to grow as we move towards the summer months,” he said. “If we stay on that pattern - it’ll be very important, so we need to watch it closely.”


In terms of world competition, Robb sees no reason why the US can’t continue building year-over-year gains in exports as our major competitor Australia, remains softer in the market as they finish rebuilding their herd back from the impact of recent droughts. Prospects of increased trade signaled by China is also a wildcard sitting out there that could have very positive effects for the US. Cautiously though, Robb insists a little risk management in this situation could go a long way.


“Now, to have 20 percent year-over-year growth like we did in the 1Q, I don’t think that’s really sustainable,” Robb interjected. “But to have solid year-over-year gains that are potentially double digit for the year seems very realistic.”


Listen to Robb and Hays discuss the outlook of export markets in the coming months, 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 Robb and Hays discuss the outlook of export markets for this year, on today's Beef Buzz
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Nice Weather Attracting Good Crowd to Tulsa Farm Show  Fri, 26 Feb 2021 15:37:35 CST
  • FSA Disaster Relief Available for Livestock Deaths in Winter Storm  Fri, 26 Feb 2021 15:12:09 CST
  • Friday, February 26, 2021 Market Wrap-Up with Justin Lewis  Fri, 26 Feb 2021 15:02:11 CST
  • OWRB approves over $1.9 million for infrastructure improvements for six Oklahoma systems  Fri, 26 Feb 2021 14:22:32 CST
  • AFR/OFU Pleased with Pilgrim’s Pride Guilty Plea  Fri, 26 Feb 2021 12:20:24 CST
  • 2021 Agricultural Safety Awareness Program Week is Driving Safety Home  Fri, 26 Feb 2021 12:18:53 CST
  • USDA Invests $1.7 Million in Distance Learning and Telemedicine Infrastructure to Improve Education Outcomes in Oklahoma  Fri, 26 Feb 2021 12:14:29 CST
  • Top 5 things to know about Herd Immunity and COVID-19  Fri, 26 Feb 2021 12:09:19 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.