Agricultural News
Cattle Producers Facing Slow Start for Wheat Pasture
Tue, 12 Nov 2019 06:51:20 CST
There's been some disappointment in the voices of producers across the southern great plains when it comes to wheat pasture. Planting wheat early, and then hoping to get it up to stand is the plan, but sometimes that doesn't always work out. As a result, there's not too many cattle out on wheat pasture as of yet. Radio Oklahoma Ag Network Farm Director Ron Hays sat down to talk wheat pasture and more with OSU Extension Livestock Market Economist Dr. Derrell Peel at the end of this past week.
Dr. Peel tells Hays "Wheat pasture has been slower to develop than it looked like it was going to in September. There's a few cattle out, I think there's going to be more cattle out as time goes on, but it has frankly been slower." Peel goes on to say that he thought we would have a little earlier potential this year than we've had.
Producers are uneasy about the unknowns on the international markets. Beef markets were off a little bit this year, but hopefully 2020 will be a rebounding year. Peel reminds us that A fair amount of it is tied back to all the trade issues that we are caught up in right now. Be it our position with Japan and the TPP position that we have relative to TPP, getting the USMCA finalized, and getting some sort of an agreement in China. Peel adds "all of those things would help us remove uncertainty which does drag down markets."
Although we have seen some negative impacts in 2019, Peel says that there is decent potential that we could be flat to a little bit better in terms of beef exports in 2020. A Major advantage would be working out a deal with China. Phytosanitary certification standards may be addressed, and that would be a major US advantage. Peel agrees "We have access to the Chinese market right now, but its very specific access, very limited access in terms of the way our normal production system. It would make it easier for us to develop that market if we had a little broader base of sanitary and Phytosanitary regulations in place."
Click on the LISTEN BAR below to hear more from Dr. Derrell Peel as he talks with Ron Hays in 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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