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


Agricultural News

Allendale Predicts Largest September Total Cattle on Feed in Five Years in Pre-Report Estimate

Tue, 19 Sep 2017 14:49:09 CDT

Allendale Predicts Largest September Total Cattle on Feed in Five Years in Pre-Report Estimate The following are our estimates for the coming Cattle on Feed and Cold Storage reports:

August Placements are expected to be 7.1% smaller than last year at 1.746 million head. This is being compared against a large August 2016 number that was 15% over 2015. A second factor is that cattle feeders flipped to losses for August marketed cattle. K-State sees breakevens for September delivery fed cattle at $113. That rises to $120 for October marketings and up to $124 by December. August placements supply the February through June slaughter period.

Allendale anticipates a Marketing total 4.9% larger than August 2016 at 1.960 million. This was the largest August total in five years. This was no calendar adjustment this month.

Total Cattle on Feed as of September 1 is 2.10% over last year at 10.352 million. This is the largest September 1 total in five years.

Allendale projects a 568 million lb. total pork stock level for the end of August. The five-year average is 588 million lbs. Our estimate represents an increase of 12 million lb. from the previous month. The five-year average month to month change for August is a 16 million lb. increase. Beef stocks, at 436 million lbs., are over the five-year average of 431. This month's estimate represents an increase of 5million lbs. from the previous month. The five-year average shows a 13 million lb. drawdown for this month.

Source - Allendale, Inc.



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, December 15, 2017  Fri, 15 Dec 2017 14:52:48 CST
  • Pork Producers Hail Organic Rule Withdrawal, Thank Perdue for Listening to Farmers' Concerns   Fri, 15 Dec 2017 14:25:55 CST
  • Noble's CEO Bill Buckner Says When It Comes to the Next Frontier to Explore - We're Standing On It  Fri, 15 Dec 2017 14:17:44 CST
  • Friday Market Wrap-Up with Justin Lewis  Fri, 15 Dec 2017 14:07:22 CST
  • Friday Afternoon Market Wrap-Up with Carson Horn   Fri, 15 Dec 2017 14:04:02 CST
  • Drought Conditions Creep Higher Across Oklahoma According to Latest Drought Monitor Report  Fri, 15 Dec 2017 14:47:41 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

  • 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.