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
      
   
   
   
   

Beef Buzz News


Beef Demand Leaps 15.5 Percent in First Quarter 2015

Tue, 05 May 2015 12:22:11 CDT

Beef Demand Leaps 15.5 Percent in First Quarter 2015 Over the last several years, beef demand has been measured on a quarterly basis. Most quarters have shown beef demand has exceeded year ago levels. Kansas State University Agricultural Economist Glynn Tonsor said beef demand for the first quarter of 2015 was exceptionally strong compared to one year ago with demand up 15.5 percent relative to the first quarter of 2014.


"That is by far the largest year-over-year increase for any one quarter in this series that goes back to 1990," Tonsor said.


Beef demand has increased for the past four years with demand up 18 of the last 19 quarters.   Tonsor said that is an incredibly long run for the beef industry.


Per capita consumption increased ever-so-slightly during the first three months of the year, while beef prices increased nearly 13.5 percent compared to 2014 levels.


"While the change in consumption was small, it is imperative to note both prices and consumption volume increase only if beef demand improves," Tonsor said.


With the public willing to pay for beef than anticipated, Tonsor said that is half of the equation on why there are historically high cattle prices. The industry has known for several years the tight supply situation. Beef demand has also shown improvement for the last several years. With tight supplies and strong beef demand, he said they both pull upward on retail and wholesale beef prices, which also pushes up prices for fed and feeder cattle. Tonsor said the entire beef industry is benefiting from the unique situation.


Radio Oklahoma Network Farm Director Ron Hays featured Tonsor on the Beef Buzz. Click or tap on the LISTEN BAR below to listen to today's Beef Buzz.


Click here to read more from Glynn Tonsor on the detailed demand indices.


The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show- and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.

   

   


Ron Hays Beef Buzzes with Glynn Tonsor of K-State University
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • CattleFax CEO Randy Blach Says Inflated Prices are Here to Stay  Tue, 26 Oct 2021 10:22:48 CDT
  • Derrell Peel Says Latest Cattle on Feed Report is Slightly Friendly for the Cattle Industry  Mon, 25 Oct 2021 10:03:24 CDT
  • Labor Shortages are the Root Cause of Stagnant Cattle Prices Says Justin Benavidez  Fri, 22 Oct 2021 13:14:11 CDT
  • Texas AgriLife Economist Justin Benavidez Says 75% Measuring Improvement in Negotiated Trade  Thu, 21 Oct 2021 10:50:53 CDT
  • Beef Prices Likely Will Not Rise Anymore as Consumers Deal with Inflation  Wed, 20 Oct 2021 20:06:13 CDT
  • OSU's Derrell Peel Says Winter Wheat Pasture is Especially Valuable This Year  Tue, 19 Oct 2021 10:55:09 CDT
  • Curbing Methane Outputs Could Be a Win for Producers and Consumers  Mon, 18 Oct 2021 21:30:23 CDT
  • NCBAs Kent Bacus Hopeful Biden Administration Will Pursue Deals Beneficial to US Beef Producers  Fri, 15 Oct 2021 10:08:11 EDT
  • NCBA's Kent Bacus Talks Trade, Contrasts Biden and Trump Administrations  Thu, 14 Oct 2021 20:07:24 CDT
  • Economist Katelyn McCullock Says Holiday Beef Prices are Expected to be High  Wed, 13 Oct 2021 10:35:40 CDT
  • Dr. Bart Fischer Says Robust Price Discovery May Not Lead to Higher Cattle Prices  Tue, 12 Oct 2021 10:48:23 CDT
  • More on Fall Calving Best Practices from Dr. Rosslyn Biggs  Mon, 11 Oct 2021 16:31:33 CDT
  • NCBA's Todd Wilkinson Carries Message of Caution to Members of the House Ag Committee  Fri, 08 Oct 2021 12:31:29 CDT
  • Cattle Producers Should Review Records Before Fall Calving Says Dr. Rosslyn Biggs  Thu, 07 Oct 2021 21:15:27 CDT
  • Help Newly Arrived Cattle Recover Quickest by Providing High-Energy Feed  Wed, 06 Oct 2021 10:09:20 CDT
  • Cattle Industry Waits for Third Quarter Numbers From 75% Plan  Tue, 05 Oct 2021 10:25:26 CDT
  • Missouri Cattle Industry Leader Taking Wait-and-See Approach on Industry Price Discovery Plan  Mon, 04 Oct 2021 11:29:07 CDT
  • Fiscal Year 2022 Kicks Off New and Proven Marketing Campaigns for Oklahoma Beef  Fri, 01 Oct 2021 10:56:18 CDT
  • Hugh Aljoe Says Regenerative Agriculture Education Material Will Soon be Available  Thu, 30 Sep 2021 09:53:16 CDT
  • OSU's Derrell Peel Urges Fall Stocker Operations to Review Budgets Before They Buy Fall Feeders  Wed, 29 Sep 2021 19:27:47 CDT
  • Beef Cow Herd Liquidation Continues to Unfold  Tue, 28 Sep 2021 12:47:54 CDT
  • Latest Cattle on Feed Report Shows Some Regions of the Country are More Current Than Others  Mon, 27 Sep 2021 10:28:22 CDT
  • New Research Explores the Pros and Cons of Cash Cattle Markets in the U.S.  Fri, 24 Sep 2021 10:16:19 CDT
  • New Research Shows Grid Market System Adds $700 Million in Value to U.S. Beef  Thu, 23 Sep 2021 11:19:06 CDT
  • Don Close, VP of Rabo AgriFinance Explains How Beef Won Over the Chinese Consumer  Wed, 22 Sep 2021 10:39:31 CDT
  • OCA's Michael Kelsey: We Need to Take a Pause on Issuing New Medical Marijuana Grower Permits  Tue, 21 Sep 2021 13:19:27 CDT
  • NCBA's Josh White Says Beef Quality Assurance Produces Better Beef  Mon, 20 Sep 2021 10:35:46 CDT
  • Certified Angus Beef Program is a Win for Producers, Processors and Consumers Says John Stika  Fri, 17 Sep 2021 10:48:26 CDT
  • John Stika Believes the Pandemic Shows Consumers Want High Quality Beef  Thu, 16 Sep 2021 08:07:17 CDT
  • Dr. Jody Wade's Advice to Cattle Producers is Stay Ahead of BRD  Wed, 15 Sep 2021 13:14:02 CDT
  • Katelyn McCullock Sees High Hay Prices in the U.S.  Tue, 14 Sep 2021 10:49:50 CDT
  • NCBA's Ethan Lane Believes mCOOL is Old News  Mon, 13 Sep 2021 11:15:37 CDT
  • NCBA's Ethan Lane Heard Little New in White House Briefing on Competition  Fri, 10 Sep 2021 11:45:17 CDT
  • Dan Halstrom Predicts 2021 Will Be a Record Year for U.S. Beef Exports  Thu, 09 Sep 2021 11:15:04 CDT
  • Dietician Shalene McNeill Says Consumers Enthusiastic About Including Beef in Their Diet  Wed, 08 Sep 2021 09:25:33 CDT

  •  

    Beef Buzz Archives

    Old Archives  |   2010  |   2011  |   2012  |   2013  |   2014  |   2015  |   2016  |   2017  |   2018  |   2019  |   2020  |   Jan 21  |   Feb 21  |   Mar 21  |   Apr 21  |   May 21  |   Jun 21  |   Jul 21  |   Aug 21  |   Sep 21  |   Oct 21  |   Nov 21  |   Dec 21
       

    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.

       
       

    Search OklahomaFarmReport.com

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

    WebReady powered by WireReady® Inc.