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


Ron Hays and Derrell Peel Talk Cattle on Feed, the Current Cattle Market, Herd Rebuilding and More

Fri, 22 Apr 2016 15:08:17 CDT

Ron Hays and Derrell Peel Talk Cattle on Feed, the Current Cattle Market, Herd Rebuilding and More Friday afternoon, Radio Oklahoma Ag Network Farm Director Ron Hays had the opportunity to sit down and talk with Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel. They started with the Friday April 22nd Cattle on Feed Report, but then talked about the current tough cattle market, what's ahead later in 2016, how herd rebuilding is going and what the possible strategies may be for both the stocker cattle producer as well as for the cow-calf operator.


That opening topic- the latest Cattle on Feed Report- was one that held little or no surprise, as Dr. Peel said the on feed number was what the trade was looking for, the placements number was, if anything, slightly less than what the trade anticipated and the marketings number was "dead on" with what traders were expecting.


According to USDA- Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.9 million head on April 1, 2016. The inventory was 1 percent above April 1, 2015. The inventory included 7.36 million steers and steer calves, down 1 percent from the previous year. This group accounted for 68 percent of the total inventory. Heifers and heifer calves accounted for 3.49 million head, up 4 percent from 2015.


Placements in feedlots during March totaled 1.89 million head, 5 percent above 2015. Net placements were 1.83 million head. During March, placements of cattle and calves weighing less than 600 pounds were 352,000 head, 600-699 pounds were 275,000 head, 700-799 pounds were 495,000 head, and 800 pounds and greater were 770,000 head.


Marketings of fed cattle during March totaled 1.75 million head, 7 percent above 2015.


Click on the LISTEN BAR below to hear Ron's complete conversation with Derrell Peel.



   
   

 

Ron Hays talks with OSU Livestock Market Economist Dr. Derrell Peel
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Corn Conditions Strengthen, Soybean Condition Slips, While Pasture and Range Conditions Continue Slip Week After Week  Mon, 23 Sep 2019 16:49:55 CDT
  • Oklahoma Senator Jim Inhofe Joins Bipartisan Effort to Lower Indian Pecan Tariffs  Mon, 23 Sep 2019 16:20:27 CDT
  • Slaughter Cows Steady to 3.00 Higher, Slaughter Bulls 2.00-3.00 Higher on a Light Test Monday at OKC West  Mon, 23 Sep 2019 15:58:14 CDT
  • OSU's Derrell Peel Talks About the Down Trend in Cattle Numbers in Feedlots  Mon, 23 Sep 2019 15:41:16 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Monday, September 23, 2019  Mon, 23 Sep 2019 15:15:49 CDT
  • Monday Market Wrap-Up with Justin Lewis  Mon, 23 Sep 2019 14:23:12 CDT
  • Monday Afternoon Market Wrap-Up with Carson Horn   Mon, 23 Sep 2019 14:19:59 CDT
  • Ereman and Gossen Named Grand Champion Bakers at Oklahoma State Fair's Best of Wheat Contest  Mon, 23 Sep 2019 13:02:21 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA

    Search OklahomaFarmReport.com


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

    WebReady powered by WireReady® Inc.