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


Agricultural News

Allendale Estimates Upcoming USDA Report to Show a 2.8 Percent Increase in Total Cattle on Feed

Tue, 21 May 2019 11:43:48 CDT

Allendale Estimates Upcoming USDA Report to Show a 2.8 Percent Increase in Total Cattle on Feed The following are Allendale, Inc.'s estimates for the coming Cattle on Feed and Cold Storage reports.

April placements are expected 12.9% over last year at 1.914 million head. This would be a record placement for any previous April since the current data-series began in 1996. This now marks three months in a row of above last year placements. It helps make up for the low placements noted from September through January. April placements supply a portion of the October through December finished cattle supply. Breakevens for April placements, finished cattle for Q4, average $127 according to Kansas State University models.

Allendale anticipates a Marketing total in April at 6.4% over last year for a total of 1.918 million. This is the largest April marketing in eleven years. There was a calendar adjustment this month adding numbers by 4.0%.

Total Cattle on Feed as of May 1 is 2.8% over last year at 11.886 million. This is a record May 1 number since the data-series started in 1996.

Allendale projects a 623 million lb. total pork stock level for the end of April. The five-year average is 629 million lbs. Our estimate represents an increase of 13 million lb. from the previous month. The five-year average month to month change for April is a 26 million lb. increase.

Beef stocks, at 441 million lbs., are below the five-year average of 457. This month’s estimate represents a decrease of 10 million lbs. from the previous month. The five-year average for this month is a 3 million lb. decrease.

Source - Allendale, Inc.



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • OKFB's Steve Thompson Says August Area Meetings willl Tackle Important Topics for Producers   Fri, 30 Jul 2021 15:46:18 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m, Friday, July 30  Fri, 30 Jul 2021 14:11:55 CDT
  • Friday, July 30, 2021 Market Wrap-Up with Justin Lewis  Fri, 30 Jul 2021 14:09:38 CDT
  • US Wheat Associates Weekly Harvest Report for July 20, 2021  Fri, 30 Jul 2021 11:35:12 CDT
  • Oklahoma State’s Leon Spicer awarded National Animal Science Honor  Fri, 30 Jul 2021 10:41:47 CDT
  • Request for Information on Drinking Water Contaminants of Emerging Concern for Research Initiative  Fri, 30 Jul 2021 10:22:12 CDT
  • Individuals and Great Plains Kubota Recognized for Achievements at 2021 OCA Convention  Fri, 30 Jul 2021 10:20:15 CDT
  • Research Is Finding Solutions For Human/Black Bear Coexistence  Fri, 30 Jul 2021 10:17:07 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!


    Search OklahomaFarmReport.com

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

    WebReady powered by WireReady® Inc.