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


LMIC's Jim Robb Says Optimism Returning to the Marketplace As Prices Rise Above Year-Ago Levels

Wed, 09 Aug 2017 11:33:22 CDT

LMIC's Jim Robb Says Optimism Returning to the Marketplace As Prices Rise Above Year-Ago Levels Jim Robb is executive director of the Livestock Market Information Center located in Denver, working with land grant universities across the country analyzing the cattle and beef markets. Some of his most recent work, though, has led him to take a midyear look at stocker and calf prices nationally. He told Radio Oklahoma Ag Network Farm Director Ron Hays that in the Southern Plains, prices are looking very solid, especially compared to last fall.


“We’ve seen a strong run up since last October/November, in calf and yearling prices,” Robb said. “Clearly underpinning that has been the turnaround and the very strong profitability in the cattle feeding sector. That has spilled back over, especially in the second quarter of this year in to calf and yearling prices.”


On the average, there are still some year-over-year declines in the market. But, aside from a few markets in the very Northern Plains, Robb says calf and yearling prices in almost every US market are above year-ago levels during recent weeks. He insists this dynamic has been largely supported by strength of fed cattle. As long as that sector remains strong, he believes prices for calve and yearlings will continue to maintain their strength as well.


“This is a market that looks quite a bit different than last year,” he remarked. “We could easily have calf prices this fall $8 to $12 per cwt in the Southern Plains above last fall. Yearling prices probably stay somewhat above last year. That’s probably not something we expected six months ago.”


Listen to Hays speak with Robb about current market dynamics that have lifted calf and yearling prices above year ago levels and his outlook for markets this coming fall, on today’s 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 Hays speak with Robb about current market dynamics that have lifted year-over-year prices
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • If They've Got the Money, We've Got the Time - Affluent Consumers Willing to Pay for High-End Beef  Tue, 17 Oct 2017 10:48:30 CDT
  • Lowell Catlett Presents Master Class on Why It's the Best Time Ever for the Cattle Feeding Business  Mon, 16 Oct 2017 11:26:48 CDT
  • WOTUS Repeal, Tax Reform NCBA's Top Priorities - President Craig Uden Eager to Work with Feds  Fri, 13 Oct 2017 11:31:20 CDT
  • Beef Industry's Future Hinges on International Trade's Continued Success, Says NCBA's Craig Uden  Thu, 12 Oct 2017 11:37:11 CDT
  • Rabo's Don Close Expects to See Year-Over-Year Increase in US Cow Herd Number Come January 1  Wed, 11 Oct 2017 10:49:05 CDT
  • Don Close of Rabo AgriFinance Impressed with Cattle Industry's Surprisingly Strong '17 Performance  Tue, 10 Oct 2017 11:34:15 CDT
  • Independent Cattle Producers in Oklahoma to Form Alternative Industry Group  Mon, 09 Oct 2017 13:14:15 CDT
  • Houston Livestock Show CEO Joel Cowley Reflects on His Experience Judging Tulsa's Steer Show  Fri, 06 Oct 2017 11:16:29 CDT
  • Emergency Manager David Pelzer Offers Expert Tips on Handling an Unexpected Crisis on the Farm  Thu, 05 Oct 2017 10:29:49 CDT
  • Glynn Tonsor Connects the Dots Between Consumer Demand and Adding Value to Beef Cattle Prices  Wed, 04 Oct 2017 10:58:25 CDT
  • Retail Beef Demand Data Reinforces the Significance of Demand Growth's Role in Today's Markets  Tue, 03 Oct 2017 10:50:23 CDT
  • Death Tax Repeal Inclusion a Big Win for Industry, But Uncertainty Still Lingers in Proposed Tax Plan  Mon, 02 Oct 2017 11:17:46 CDT
  • Ag's Mission to Feed the World Wouldn't be Possible Without Modern Technology Says Gary Sides  Fri, 29 Sep 2017 11:10:54 CDT
  • Zoetis' Gary Sides Argues That Contrary to What Critics Say- Technology is Great for the Environment  Thu, 28 Sep 2017 10:19:09 CDT
  • Jim Robb Advises Producers Not to be Overly Enthusiastic, Despite the Markets Strong Performance  Wed, 27 Sep 2017 10:47:04 CDT
  • Cattle Markets Seem to be Adapting Surprisingly Well this Year in the Face of a Larger Supply  Tue, 26 Sep 2017 10:11:42 CDT
  • Latest Cattle On Feed Report Shows Strong Beef Demand Offsetting Increased Beef Supply in 2017  Mon, 25 Sep 2017 11:13:41 CDT
  • Activists Boldly Upfront About Their True Goals for Animal Agriculture, "We're Not Here to Negotiate"  Fri, 22 Sep 2017 10:18:37 CDT
  • USMEF Gears Up for Next Week's Launch of Its Roadshow Promoting US Beef in China's Big Cities  Thu, 21 Sep 2017 11:51:08 CDT
  • Despite Some Decline in Prices, Stocker Markets are Holding Up Well as Seasonal Pressures Mount  Wed, 20 Sep 2017 10:17:00 CDT
  • Betting the Spread - OSU's Derrell Peel Interprets the Dynamics of the Wholesale Boxed Beef Market  Tue, 19 Sep 2017 10:54:10 CDT
  • The Science of Sustainability - World Wildlife Fund's Jason Clay Speaks on Responsible Production  Mon, 18 Sep 2017 11:15:07 CDT
  • Growing China's Market a Work in Progress That'll Take Time But the Reward Will Be Worth the Wait  Fri, 15 Sep 2017 11:31:06 CDT
  • Texans Share Their Success Story as Oklahomans Consider Establishing Their Own State Checkoff  Thu, 14 Sep 2017 12:20:26 CDT
  • Beef Industry Gears Up to Battle It Out in DC Over Tax Reform - With the Death Tax in the Crosshairs  Wed, 13 Sep 2017 12:09:31 CDT
  • Strength in US Beef Exports Carrying the Entire Cattle Industry with Growth Seen in Volume and Value  Tue, 12 Sep 2017 10:03:31 CDT
  • Preconditioning Calves Needn't Be Hard - Even Simple Programs Can Offer Big Returns to Ranchers  Mon, 11 Sep 2017 11:54:36 CDT
  • US Beef Exports to South Korea Show Impressive Strength Thanks to Beef Council Marketing Efforts  Fri, 08 Sep 2017 11:16:30 CDT
  • Pay $750 Million Now, or Billions Later - NCBA's Kathy Simmons Weighs Cost v. Benefit of FMD Bank  Thu, 07 Sep 2017 10:21:34 CDT
  • Threats Posed by FMD Outbreak Potentially Catastrophic, NCBA Insists a Vaccine Bank is Imperative  Wed, 06 Sep 2017 11:34:10 CDT
  • Animal Disease Traceability System Showing Improvement, But is Now the Right Time for Phase Two  Tue, 05 Sep 2017 10:25:51 CDT
  • Growing China's Market a Work in Progress That'll Take Time But the Reward Will Be Worth the Wait  Fri, 01 Sep 2017 10:42:14 CDT
  • Checkoff Dollars Fund Research Programs That Drive Innovation in the Industry and the Marketplace  Thu, 31 Aug 2017 10:31:44 CDT
  • Beef Industry Gets Personal - Checkoff Adapts Promotional Efforts to Fit Modern Consumer Interests  Wed, 30 Aug 2017 10:22:00 CDT
  • Beef Checkoff CEO Polly Ruhland Says Industry's Digital Strategy Showing a Return on Investment  Tue, 29 Aug 2017 10:24:09 CDT

  •  

    Beef Buzz Archives

    Old Archives  |   2010  |   2011  |   2012  |   2013  |   2014  |   2015  |   2016  |   Jan 17  |   Feb 17  |   Mar 17  |   Apr 17  |   May 17  |   Jun 17  |   Jul 17  |   Aug 17  |   Sep 17  |   Oct 17  |   Nov 17  |   Dec 17
       

    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com


       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI