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


Placements Surprise- Ron Hays and Derrell Peel Dissect the May 2016 Cattle on Feed Report

Fri, 20 May 2016 15:17:33 CDT

Placements Surprise- Ron Hays and Derrell Peel Dissect the May 2016 Cattle on Feed Report The USDA Cattle on Feed Report is out- and the on feed number and the placements number were both higher than what the early trade estimates were suggesting. According to the 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 10.8 million head on May 1, 2016. The inventory was 1 percent above May 1, 2015.


Placements in feedlots during April totaled 1.66 million head, 7 percent above 2015. Net placements were 1.59 million head. During April, placements of cattle and calves weighing less than 600 pounds were 334,000 head, 600 - 699 pounds were 225,000 head, 700 -799 pounds were 390,000 head, and 800 pounds and greater were 715,000 head.


Marketings of fed cattle during April totaled 1.66 million head, 1 percent above 2015


Radio Oklahoma Ag Network Farm Director Ron Hays talked on Friday afternoon with OSU Extension Livestock Market Economist Dr. Derrell Peel about the numbers- and how he thinks they may resonate in all segments of the business going forward over the balance of 2016.


You can hear their conversation by clicking on the LISTEN BAR below.


Click here to review the complete report from the NASS website of USDA.



   
   


 

Ron Hays talks with Derrell Peel about the USDA Cattle on Feed Report Released May 20, 2016
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Brazil's Ag Minister Breaks News of Government's Decision to Approve Tariff on US Ethanal in Tweet  Wed, 23 Aug 2017 18:52:03 CDT
  • State Animal Health Officials Monitor Equine Infectious Anemia in Southwest Kansas  Wed, 23 Aug 2017 15:48:57 CDT
  • Cooperative Extension Offers Producers Diagnostic Service to Test Weeds for Herbicide Resistance  Wed, 23 Aug 2017 15:39:36 CDT
  • Activists Boldly Upfront About Their True Goals for Animal Agriculture, "We're Not Here to Negotiate"  Wed, 23 Aug 2017 14:55:47 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Wednesday, August 23, 2017  Wed, 23 Aug 2017 14:48:20 CDT
  • Feeder Steers and Heifers Sell Mostly 1.00 - 3.00 Lower Wednesday at OKC West Livestock Auction  Wed, 23 Aug 2017 14:39:28 CDT
  • Wednesday Market Wrap-Up with Justin Lewis  Wed, 23 Aug 2017 14:32:04 CDT
  • Wednesday Afternoon Market Wrap-Up with Carson Horn   Wed, 23 Aug 2017 14:17:41 CDT

  • More Headlines...

       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI