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


Agricultural News

Allendale Predicts Largest September Placements in Seven Years for Upcoming On Feed Report

Tue, 16 Oct 2018 15:58:50 CDT

Allendale Predicts Largest September Placements in Seven Years for Upcoming On Feed Report The following are our estimates for the coming Cattle on Feed and Cold Storage reports:

September Placements are expected 0.2% over last year at 2.154 million head. This is the largest September placement in seven years. It would also mark five months in a row of higher than last year placements. High placements have been seen despite profitability concerns. Kansas State estimates a $110 loss per head on finished cattle in September. First half 2019 marketings are slated for $122 - $125 breakevens. August placements determine a part of the March through early August beef supply.

Allendale anticipates a Marketing total in September at 0.7% under last year for a total of 1.771 million. This is the lowest September marketing in three years. There was a calendar adjustment due to September 2018 holding one less weekday and the same Saturdays as September 2017.

Total Cattle on Feed as of October 1 comes to 5.9% over last year at 11.446 million. That is a record October 1 total since the 1996 start of the current data-series. Record COF is noted for three months in a row now.

Allendale projects a 591 million lb. total pork stock level for the end of September. The five-year average is 607 million lbs. Our estimate represents an increase of 8 million lb. from the previous month.

The five-year average month to month change for September is a 21 million lb. increase. Beef stocks, at 537 million lbs., are over the five-year average of 467. This month’s estimate represents an increase of 34 million lbs. from the previous month. The five-year average for this month is a 27 million lb. increase.

Source - Allendale, Inc.



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Slaughter Cows Trade 6.00 to 11.00 Lower, Slaughter Bulls Sell 4.00 Lower on Monday at OKC West  Mon, 25 Mar 2019 16:52:57 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Monday, March 25, 2019  Mon, 25 Mar 2019 16:47:01 CDT
  • Over 100 Ag, Food, and Science Organizations Urge Congress to Block USDA's Relocation Efforts  Mon, 25 Mar 2019 15:11:21 CDT
  • Checking in on the Beef Checkoff - What's the Checkoff Done for You Lately? Click Here, Find Out  Mon, 25 Mar 2019 15:00:26 CDT
  • Monday Market Wrap-Up with Justin Lewis  Mon, 25 Mar 2019 14:33:39 CDT
  • Monday Afternoon Market Wrap-Up with Carson Horn   Mon, 25 Mar 2019 14:26:44 CDT
  • Higher Than Expected Placements Take Industry by Surprise in Latest USDA Cattle on Feed Report  Mon, 25 Mar 2019 11:53:40 CDT
  • Monday Preopening Market Update with Dave Lanning  Mon, 25 Mar 2019 07:04:37 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Herbs Herb Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Oklahoma City Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com

    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.