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
   
   
   
   
   
   
   
   

Beef Buzz News


Beef Demand Index Showing Continued Positive Signs, K-State Economist Says

Mon, 27 Feb 2012 18:23:43 CST

Beef Demand Index Showing Continued Positive Signs, K-State Economist Says
Demand for beef is on the rise domestically and internationally. That’s what livestock economist Dr. Glynn Tonsor of Kansas State University says, but he also says there are challenges ahead.

“Beef demand is up 2 ½ percent in 2011 relative to 2010. That’s the first year there’s been an annual increase since back to 2004, the Atkins diet era, if you like. So that’s good.”

He says part of the reason is not that demand has necessarily soared to new heights, but that demand is beginning to recover along with the broader economy.

“The fourth quarter of 2011 was the sixth consecutive quarter that there’s a year-over-year increase in demand. One of the reasons that’s occurring is a lot of those quarters are compared to the depths of the recession. The fact that there’s been staying power over six quarters, that’s a good thing.”

Even with the incremental improvement, there is still a lot of room for growth, Dr. Tonsor says.

“The industry has fallen off the demand front notably since 1980. 2011’s index of 51.7 is weaker than 2008, but we’ve improved 2010 beyond 2009, but we’re weaker than in years prior to that. So we have a long, long way to go.”

One issue that producers need to watch to be in the best position to increase demand in coming years, he says, is the issue of individual animal traceability. He says the U.S. is falling behind and that could hurt exports.

“If you believe, as I do, that global demand is where the future is for demand growth more so than domestic demand growth, that’s a big deal because in the global arena you have to compete with other countries and one of the stipulations of trade is animal ID and traceability to certify other claims. So the industry needs to pay-I truly believe this-due attention because there is a very real risk a major importing country will decide with, maybe, the help of one of our major exporters twisting their arm, that we need to quote, unquote “raise the bar” of what the minimum amount of animal ID and traceability capabilities are in any country they want to import from.”


   


    

Press the Listen Bar To Hear Dr. Glynn Tonsor on Beef Demand
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • JBS's Cameron Bruett Says Defining Sustainability is Critical to Beef Industry  Wed, 25 May 2016 23:24:45 CDT
  • Staying Current is Key to Cattle Feeding Profits - Derrell Peel Explains  Tue, 24 May 2016 22:21:07 CDT
  • Oklahoma Quality Beef Network's Gant Mourer Says Value-Added Programs Really Do Pay Off  Tue, 24 May 2016 00:02:19 CDT
  • Cattle Placement Numbers Higher Than Expected in Latest Cattle on Feed Report  Fri, 20 May 2016 19:58:11 CDT
  • Cattle Prices Benefiting from Aggressive Marketings and Lower Carcass Weights   Thu, 19 May 2016 22:00:50 CDT
  • Superior Livestock's Danny Jones Continues FedCattleExchange.com Discussion  Wed, 18 May 2016 22:42:38 CDT
  • Superior Livestock's New FedCattleExchange.com Created to Increase Cash Trade  Tue, 17 May 2016 21:42:39 CDT
  • Cattle Marketing Made Easier with Online Decision Support Tools - Glynn Tonsor Explains  Mon, 16 May 2016 23:05:57 CDT
  • USMEF Working to Expand Export Markets for Beef Variety Meats  Sun, 15 May 2016 17:11:59 CDT
  • With No Appeal- the Lesser Prairie Chicken is No Longer on the Threatened Species List  Thu, 12 May 2016 15:30:00 CDT
  • Poorly Executed Deworming in Your Beef Herd Can Hurt Your Bottom Line-   Thu, 12 May 2016 05:48:05 CDT
  • TTIP Could Open the Door for Increased U.S. Beef Exports to Europe  Mon, 09 May 2016 19:37:31 CDT
  • Angus Cattle Dominate the Market, But Is It the Right Breed for Your Operation?  Fri, 06 May 2016 21:11:48 CDT
  • Dr. Joe Paschal Talks Tips for Choosing the Right Cattle Breed for Your Operation  Thu, 05 May 2016 23:17:30 CDT
  • Mark Your Calendar for the Upcoming Beef Improvement Federation Annual Convention  Wed, 04 May 2016 18:31:26 CDT
  • Beef Industry Experts Weigh In On Market Volatility Issues  Wed, 04 May 2016 00:03:54 CDT
  • NCBA Continues the Fight Against WOTUS   Mon, 02 May 2016 20:01:30 CDT
  • Former OSU Professor Says Needs Are Changing in Veterinary Medicine  Fri, 29 Apr 2016 20:23:49 CDT
  • Landowners Continue Lesser Prairie-Chicken Conservation Efforts Amid Uncertainty on ESA Listing  Thu, 28 Apr 2016 17:31:40 CDT
  • Production Costs and Cost of Gain Will Play Key Role in Cattle Profitability - Derrell Peel Explains  Wed, 27 Apr 2016 21:52:23 CDT
  • Derrell Peel Talks Downturn in Cattle Market and Continued Cow Herd Expansion  Tue, 26 Apr 2016 22:59:16 CDT
  • Cattle on Feed Report Shows Second Month of Year Over Year Placement Increases- Derrell Peel Offers His Analysis   Mon, 25 Apr 2016 10:11:41
  • NCBA's Daren Williams Says MBA Program is All About Creating Grassroots Promotion for Beef  Fri, 22 Apr 2016 18:48:05 CDT
  • Telling Beef's Side of the Story is Key to Building Consumer Confidence  Thu, 21 Apr 2016 21:46:05 CDT
  • Jim Robb of LMIC Previews the April One US Cattle on Feed Report- Sees Higher On Feed Numbers  Thu, 21 Apr 2016 08:59:38 CDT
  • Robb Says Beef is Helping to Improve Retail and Food Service Sectors  Tue, 19 Apr 2016 23:53:44 CDT
  • Certified Angus Beef Board Chairman Says Sales Continue to Trend Higher This Fiscal Year  Tue, 19 Apr 2016 05:21:05 CDT
  • Ambassador Michael Froman Continues TPP Discussion  Fri, 15 Apr 2016 20:10:26 CDT
  • U.S. Trade Representative Froman Says TPP is Crucial to Beef's Global Market Access  Thu, 14 Apr 2016 18:56:12 CDT
  • Cattle Producers Talk Policy Priorities on Capitol Hill  Wed, 13 Apr 2016 18:47:24 CDT
  • TSCRA's Richard Thorpe Ready to Speak Up for Beef Industry  Tue, 12 Apr 2016 19:29:06 CDT
  • Richard Thorpe Elected New President of TSCRA  Wed, 13 Apr 2016 17:52:51 CDT
  • Advances in Technology Aim to Produce More Beef More Efficiently  Fri, 08 Apr 2016 18:21:42 CDT
  • Advances in Technology Aim to Produce More Beef More Efficiently  Fri, 08 Apr 2016 18:17:20 CDT
  • Website Could Help Beef Producers Improve Marketing Decisions  Wed, 06 Apr 2016 19:10:58 CDT

  •  

    Beef Buzz Archives

    Old Archives  |   2010  |   2011  |   2012  |   2013  |   2014  |   2015  |   Jan 16  |   Feb 16  |   Mar 16  |   Apr 16  |   May 16  |   Jun 16  |   Jul 16  |   Aug 16  |   Sep 16  |   Oct 16  |   Nov 16  |   Dec 16
       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Wireless Pioneer Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association
       

       
       
    © 2008-2016 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI