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

advertisements
   
   
   
   
   

Agricultural News


Analyst Predicts Trends

Wed, 27 Oct 2010 18:00:33 CDT

Analyst Predicts Trends Agribusiness and food industry analyst Heather Jones says soaring feed costs have erased profit prospects for U.S. pork and poultry producers next year, curbing expansion plans and likely forcing a cutback in chicken production. But, the decline in chicken production may provide a boost for beef and pork producers, reducing supplies of cheaper meat that could hurt demand for pricier steaks and chops.

According to Jones, pork producers probably will - halt their expansion and potentially return to contraction mode - returning profitability to solid levels. At the same time chicken producers are expected to lose money next year, which probably will stall the industry’s recent expansion. And Jones expects chicken prices to -come under significant pressure - in mid- to late-November and December.

Beef and pork producers may still find support by tight supplies and strong exports that could keep prices high next year.

   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Friday, July 23, 2021 Market Wrap-Up with Justin Lewis  Fri, 23 Jul 2021 17:07:41 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m, Friday, July 23  Fri, 23 Jul 2021 15:45:26 CDT
  • OKFB Foundation for Agriculture announces $16,000 in Educational Grants  Fri, 23 Jul 2021 13:16:28 CDT
  • Smart Irrigation practices Benefit plants and Budgets  Fri, 23 Jul 2021 13:10:33 CDT
  • Plexus Cotton Market Report - July 22, 2021  Fri, 23 Jul 2021 13:07:16 CDT
  • New Southern Plains Blog Post on Teaching the Next Generation about Soil Health   Fri, 23 Jul 2021 11:59:51 CDT
  • Water Resources Center part of Five-year USDA Dam Project  Fri, 23 Jul 2021 09:38:47 CDT
  • Research Shows Grazing Cattle Provide Many Benefits For Both Humans And The Environment  Fri, 23 Jul 2021 06:50:48 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.