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


To Take Advantage of Opportunities, Cowboys Need to Roll Up Their Sleeves and Manage Costs

Fri, 02 Sep 2016 12:45:06 CDT

To Take Advantage of Opportunities, Cowboys Need to Roll Up Their Sleeves and Manage Costs As the markets get closer to closing out the third quarter of 2016, Farm Director Ron Hays sat down with Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel, to get his perspective on the cattle business conducted over the last eight months. He says that producers had some fun a couple years ago, but the economy is playing the B side of what markets experienced in 2013-2014, and it is now time to go forward.


A lot of this has still been kind of a transition that really started last year, Peel said. I think in general it has played out to what we expected.


Weve got bigger numbers, were growing. Supply issues obviously are more on our minds now than they have been in the last few years. In general, Im pretty comfortable with where we are now and the way these markets are kind of balanced against each other at this point.


It was around this time last year, Dr. Peel says, that prices began to tumble in all segments of the market, citing a lot of unexpected situations that occurred. He says what is important to understand is that the market responded with some challenging adjustments over the last 12 months that has left producers very cautious, even still. Peel insists though this big adjustment is behind us, and although we may not be happy with it relative to what it is now, producers should be able to move forward with more of a sense of stability in the market.


This is what the business really is - this is what you do for a living, Peel said. You roll up your sleeves, you manage costs and there are still opportunities here.


Listen to Dr. Derrell Peel offer his perspective on the cattle business thus far in 2016 with Farm Director Ron Hays on todays Beef Buzz.


The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is 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.



   




   

Listen to Dr. Derrell Peel offer his perspective on the cattle business this year with Ron Hays
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.