Agricultural News
2018 a Good Year for Beef Producers Says Michael Kelsey - But What's in Store for the New Year?
Wed, 02 Jan 2019 10:14:49 CST
Executive Vice President of the Oklahoma Cattlemen's Association Michael Kelsey says the beef industry enjoyed a great year in 2018. In a recent conversation with Radio Oklahoma Ag Network Farm Director Ron Hays, he explained that one of the things that made 2018 such a great year for producers, was the strength of beef demand both here at home and abroad.
"International and domestic demand for 2018, holistically, has been very good and that's very much to the benefit of our industry," he said. "We've got a product that people around the world like. We're competitive in that sense and of course with a dollar exchange rate in place - it's been favorable for us in that sense."
Domestically, Kelsey says the demand situation is equally robust. He credits some of that strength in the marketplace to Trump Administration policies that once implemented, helped average Americans bolster their financial situations.
"More people have more money in their pocket and they change what they eat and beef benefits from that," Kelsey remarked. "So, domestic demand has been really positive. We're hoping that carries forward obviously into 2019 and hopefully position ourselves for that to continue."
With a new administration transitioning here in Oklahoma with Governor-elect Kevin Stitt taking the charge, along with dozens of new first-term state legislators, Kelsey is very excited for the opportunities that lie ahead, confident that the state's beef industry will prosper under the new face of Oklahoma's collective leadership.
Listen to Michael Kelsey and Ron Hays speak about the strong demand for beef seen last year and the prospect of that strength continuing into 2019, 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.
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