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


Feeder Pipeline Starts to Reflect Three Years of Expansion- Derrell Peel Talks Latest On Feed Report

Mon, 28 Aug 2017 11:15:48 CDT

Feeder Pipeline Starts to Reflect Three Years of Expansion- Derrell Peel Talks Latest On Feed Report


On Friday afternoon this past week, the United States Department of Agriculture released its monthly Cattle on Feed report reflective of August 1 data. Radio Oklahoma Ag Network Farm Director Ron Hays reached out to Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel for his reaction to the numbers in this report.


“I don’t think this report changes things much,” Peel remarked, summing up his reaction. “In terms of pre-report expectations, this report was pretty well anticipated.”


According to Peel, this month’s report measured cattle placements at 102.7 percent over last year; marketings at 104.1 percent of last year; and cattle on feed at 104.3 percent - a figure pulled back from the previous month just slightly, says Peel, but still up year-over-year. Although, the numbers are a bit more moderate than we have seen, Peel says this continues a four-month trend of sharply higher placements, particularly in the last two of those four months. This is a reflection of good feedlot profitability and indicates that feeders have been motivated and aggressive in moving cattle through their pens.


“The bigger picture here, is that we’ve been in herd expansion for three years and that’s beginning to show up with a pretty sustained increase in the feeder cattle pipeline,” Peel asserted. “It’s marching on. Those cattle are going to come into the feedlots, work their way through - and all of it ultimately translates into this continued expectation for increased beef production as we go forward.”


You can check out the latest USDA Cattle on Feed report for yourself, by clicking here.


Listen to Dr. Peel breakdown the numbers in this month’s Cattle on Feed report from the USDA, with Farm Director 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 Derrell Peel's full analysis of USDA's latest Cattle on Feed report with Ron Hays, click below.
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • American Farmers & Ranchers Members Elect Gilbert, Kinder, Porter and Nichols to Leadership Roles  Mon, 19 Feb 2018 13:58:17 CST
  • NAWG's Top Hand Chandler Goule Takes the Temperature of Policy Leaders in DC on Next Farm Bill  Mon, 19 Feb 2018 13:45:49 CST
  • Derrell Peel Reviews January, Highlighting a Good Start to the New Year in Beef and Cattle Markets  Mon, 19 Feb 2018 12:43:07 CST
  • Act Now Before It's Too Late - Pre-Registration for 2018 Commodity Classic Closes February 21st  Mon, 19 Feb 2018 12:33:17 CST
  • National Ag Coalition Takes California to Court Tuesday Over Unjustified Glyphosate Prop 65 Listing  Mon, 19 Feb 2018 12:26:46 CST
  • Eastern Redcedars Encroachment on Tallgrass Prairies Present Major Threat to OK Water Resources  Mon, 19 Feb 2018 12:18:34 CST
  • Beef It's What's for Dinner Brand Demonstrates Impressive Staying Power with New Market Relaunch  Mon, 19 Feb 2018 12:10:46 CST
  • AFR Honors State Senator Eddie Fields with Ag Advocacy Award at 2018 Convention  Mon, 19 Feb 2018 06:38:46 CST

  • 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.