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


So, Just How Big is the US Cow Herd? LMIC's Jim Robb Says It's Big, But Growth Rate is Moderating

Wed, 10 Jan 2018 10:22:56 CST

So, Just How Big is the US Cow Herd? LMIC's Jim Robb Says It's Big, But Growth Rate is Moderating One thing the beef industry will be looking for as we start the new year, is the official number on the US beef cow herd, to get an idea on how much it has grown over the past year. As we wait for the United States Department of Agriculture to release this figure in its Inventory report for January 1st, 2018, Radio Oklahoma Ag Network Farm Director Ron Hays reached out to Jim Robb, executive director of the Livestock Marketing Information Center, to get his thoughts on where those numbers might land.


“Well 2017 and 2018 are key transition points in terms of this cattle inventory cycle,” Robb said. “The heifer slaughter has come up dramatically. Cow slaughter is also up. So, our general guess would be to put that January 1 inventory up 1.5 to 2 percent year-over-year and that’s a slowing rate of growth, rather significantly.”


Robb insists the first six to eight months of 2018 will be key to how production progresses long-term, but for now he says it seems to be moderating. Based on insights from USDA, Robb says industrywide, we are approaching a herd size of approximately 32 million head. Not the largest that has been seen, but depending on cattle weights, it should be fairly manageable. Robb believes the industry will be able to produce near the same amount of beef per capita and net the same imports and exports in 2018 as seen in 2010. Looking ahead into 2018, though, Robb says the new year will continue to bring prosperity to producers, but perhaps not quite as much as 2017 did.


“Market-wise… we kind of had everything come together about as good as it could in 2017,” he said. “We don’t think we have to go back to 2016 calf prices. But, we do see with larger supplies - prices will be somewhat lower.”


Listen to Robb and Hays postulate on the size of the US beef cow herd and its impact on markets, 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 Robb and Hays postulate on the size of the US beef cow herd, on today's show, click below
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • Beef Exports Likely to Set Full Year Records in Volume and Value- Derrell Peel Analyzes 2017 Trends  Wed, 17 Jan 2018 11:00:38 CST
  • Ag Industry Holds Its Breath as FDA Mulls Proposed Regulation to Squash Gene Editing Applications  Tue, 16 Jan 2018 10:32:30 CST
  • What's Drugs Got to Do With It? Misconceptions Keeping Gene Editing from Revolutionizing Animal Agriculture  Mon, 15 Jan 2018 20:47:23 CST
  • In an Industry Where Variability Abounds, Keeping Your Pencil Sharp Might Make All the Difference  Fri, 12 Jan 2018 10:25:23 CST
  • With Tax Reform, Trade Negotiations Underway NCBA President-Elect Talks Where to Go from Here  Thu, 11 Jan 2018 10:29:53 CST
  • So, Just How Big is the US Cow Herd? LMIC's Jim Robb Says It's Big, But Growth Rate is Moderating  Wed, 10 Jan 2018 10:23:20 CST
  • Cattle Market Success in 2017 "Bodes Well" for Next Few Years as Industry Faces More Production  Tue, 09 Jan 2018 11:55:56 CST
  • LMIC's Jim Robb Highlights the Dynamics that Supported Better Than Expected Cattle Markets in '17  Mon, 08 Jan 2018 11:36:32 CST
  • NCBA Racing Against the Clock to Ensure Congress Makes Progress on Farm Bill Before Mid-Terms  Fri, 05 Jan 2018 12:04:38 CST
  • Colin Woodall Talks Trade and More on Today's Beef Buzz  Thu, 04 Jan 2018 19:57:06 CST
  • To Reach Out to Millennials- Visual is the Language of Information Today  Wed, 03 Jan 2018 09:44:56 CST
  • Know Thy Customers is Excellent Advice- For Beef Producers- That Means Listening to Jason Dorsey Explain Millennials  Tue, 02 Jan 2018 08:19:59 CST
  • Cattlemen's College Celebrates 25 Years in Phoenix- NCBA's Josh White Details an Extensive Program for 2018  Thu, 28 Dec 2017 19:38:35 CST
  • OSU Livestock Market Economist Derrell Peel Expects Slightly Bigger Beef Cow Number as of January First  Wed, 27 Dec 2017 08:27:35 CST
  • OSU's Peel Digs Deeper Into the Final Cattle on Feed Numbers of 2017  Tue, 26 Dec 2017 14:47:13 CST
  • Scott Stuart Leaves Livestock Producers Association to Join Cattlemen's Beef Board as Its New CEO  Fri, 22 Dec 2017 14:46:37 CST
  • Scott Yager Briefs Cattlemen on Latest Environmental Issues that Have Landed on NCBA’s Radar  Thu, 21 Dec 2017 16:39:15 CST
  • Too Early to Speculate on 2018 Elections, But NCBA Says It's Important to Back Ag's Friends in DC  Wed, 20 Dec 2017 14:08:35 CST
  • Lawmakers Fail to Deliver on Death Tax Repeal But Keep Stepped Up Basis in Tax Reform Package  Tue, 19 Dec 2017 12:02:28 CST
  • NCBA Environmental Guru Scott Yager Exposes the Courts Fallacy of Including Ag Under Superfund  Mon, 18 Dec 2017 13:23:09 CST
  • Fed Cattle Exchange Offers New Opportunity to Explore Price Discovery in Today's Changing Market  Fri, 15 Dec 2017 10:13:22 CST
  • New Acquisitions Allow National Livestock to Better Serve Customers, Offers More Marketing Options  Thu, 14 Dec 2017 11:19:07 CST
  • Mexico's Changing Market Giving US Cattle Feeders a Run for Their Money as Competition Grows  Wed, 13 Dec 2017 11:41:48 CST
  • Angus Genetics Inc. President Dan Moser Says Advanced Genetic Tools Add Tremendous Value  Tue, 12 Dec 2017 11:10:02 CST
  • NCBA Offers Producers a Premier Educational Opportunity at the 25th Edition of Cattlemen's College  Mon, 11 Dec 2017 11:10:26 CST
  • Cattle Market Economist Derrell Peel Looks into His Crystal Ball for What Lies Ahead in 2018 Markets  Fri, 08 Dec 2017 10:08:01 CST
  • Market Watcher Derrell Peel Looks Back on the Remarkable Success of the Beef Business in 2017  Thu, 07 Dec 2017 10:56:07 CST
  • What Won't Animal Rights Activists Resort to? AAA's Kay Smith Shines Light on Their Criminal Activity  Wed, 06 Dec 2017 10:25:00 CST
  • Ag Advocate Kay Johnson Smith Calls on Industry to Stand Up Against Pressure from Animal Activists  Tue, 05 Dec 2017 10:18:47 CST
  • Animal Ag Alliance's Kay Johnson Smith Exposes the True Goal of Animal Activists and Their Tactics  Mon, 04 Dec 2017 10:17:40 CST
  • Vet Mike Apley Says Antibiotic Use in Animal Agriculture is a Matter of Judicious Use vs. Stewardship  Fri, 01 Dec 2017 10:10:26 CST

  •  

    Beef Buzz Archives

    Old Archives  |   2010  |   2011  |   2012  |   2013  |   2014  |   2015  |   2016  |   2017  |   Jan 18  |   Feb 18  |   Mar 18  |   Apr 18  |   May 18  |   Jun 18  |   Jul 18  |   Aug 18  |   Sep 18  |   Oct 18  |   Nov 18  |   Dec 18
       

    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.