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


LMIC's Jim Robb Says USDA's Next Cattle on Feed Report Has Potential to Surprise the Marketplace

Thu, 22 Mar 2018 11:06:04 CDT

LMIC's Jim Robb Says USDA's Next Cattle on Feed Report Has Potential to Surprise the Marketplace The last several monthly Cattle on Feed reports have shown bigger placement numbers of cattle than a year ago. Jim Robb of the Livestock Marketing Information Center remarked to Radio Oklahoma Ag Network Farm Director Ron Hays recently, that this theme is likely to continue in the next report expected out this Friday afternoon from the USDA.


“The expectation is for more of the same in terms of placements, but a rather wide range in those estimates and most of the unknowns being in the Southern Plains,” Robb said. “Especially because of drought conditions and most of the Southern Plains, especially the western parts, there’s a wide range.”


In terms of placements, Robb says the LMIC’s estimates for this upcoming report have landed near the lower end of that range. But, as they continue to receive data, he says they are actually gravitating towards higher numbers. He predicts placements will probably come in at 100 percent to 107 percent to a year ago. Marketings, he says, should come in at about 2 percent above last year. And with that, he says total cattle on feed may end up between 7.5 and 8.5 percent more than last year.


“If it’s up towards a higher end, towards that expected range that does dampen the enthusiasm more as many of these cattle come out late in the summer quarter out of feedyards for marketing,” he said. “So, this is a report that has the potential to surprise the marketplace a little bit. If we start to back up larger numbers, that will really hit these fed cattle prices pretty hard and pretty quickly. It’s not an immediate concern but as we get into the summer quarter and fall quarter, we’re going to have to watch this very closely.”


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.





   





   

Hear Jim Robb and Ron Hays discuss his estimates for the upcoming USDA Cattle on Feed Report
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • OSU's Derrell Peel Returns from Month-Long Expedition in China with New Insight into Its Ag Industry  Fri, 22 Jun 2018 10:23:46 CDT
  • OSU's Derrell Peel Says Cattle Markets in the First Half of 2018 Have Been "So Far, So Good..."  Thu, 21 Jun 2018 17:03:45 CDT
  • Beef Industry Feeling a Little Left Out as Senate Pushes Farm Bill Through Without Showing Its Hand  Wed, 20 Jun 2018 10:19:24 CDT
  • Despite the Noise on Trade Wars and Tariffs, US Beef Exports are Holding Their Own Says Jim Robb  Tue, 19 Jun 2018 10:46:25 CDT
  • Although Less Aggressive Compared to Last, 2018 Shaping Up Another Impressive Marketing Year  Mon, 18 Jun 2018 10:29:31 CDT
  • Beef Exports Continue to Impress with Another Record Setting Month, Despite All the Political Noise  Fri, 15 Jun 2018 11:59:33 CDT
  • NCBA Gives Senate Farm Bill a Thumbs Up Hopeful for Speedy Process of Approval Moving Forward  Thu, 14 Jun 2018 11:54:39 CDT
  • Dr. Glynn Tonsor of Kansas State Says the Rising Tide of Red Ink in Feedlots is Becoming Significant  Wed, 13 Jun 2018 10:11:53 CDT
  • Despite Consumers Growing Concern with Production Practices - Taste, Price, Convenience Still King  Tue, 12 Jun 2018 10:08:39 CDT
  • Putting the Smack-Down on Flies - Gregg Hanzlicek on Industry's Billion Dollar Problem of Fly Control  Mon, 11 Jun 2018 10:07:00 CDT
  • LMIC's Jim Robb Says Current Rate of Cow Slaughter Could Translate into More Optimism for Future  Fri, 08 Jun 2018 10:56:03 CDT
  • Strong Demand Still Driving US Beef Market, Though Mexico's Tariff Retaliations Could Put a Pin in It  Thu, 07 Jun 2018 12:07:56 CDT
  • Strong Demand Still Driving US Beef Market, Though Mexico's Tariff Retaliations Could Put a Pin in It  Thu, 07 Jun 2018 12:00:22 CDT
  • US Roundtable for Sustainable Beef's Metric System Put to the Test - Noble's Chad Ellis Explains  Wed, 06 Jun 2018 11:53:58 CDT
  • As Selection Tools Become More Sophisticated, Ranchers are Growing More Confident in Decisions  Tue, 05 Jun 2018 09:30:44 CDT
  • The Brains Behind Renowned RA Brown Ranch, Donnell Brown, Shares His Three Tips for Success  Mon, 04 Jun 2018 09:52:36 CDT
  • USRSB Chairwoman Says Consumer Worry Gives Industry Chance to Better Connect with Consumers  Fri, 01 Jun 2018 09:25:22 CDT
  • US Roundtable for Sustainable Beef Releases First-Ever National Framework for Beef Sustainability  Thu, 31 May 2018 14:17:11 CDT
  • As Summer Doldrums Loom, Producers Encouraged to Stay the Course for Fourth Quarter Rebound  Wed, 30 May 2018 10:24:27 CDT
  • No Big Surprises in Latest USDA Cattle on Feed Report, LMIC's Jim Robb Offers His Positive Analysis  Tue, 29 May 2018 10:00:41 CDT
  • What's Consumers' "Beef" with Beef? Consumer Panel Reveals Concerning Issues of Misinformation  Fri, 25 May 2018 09:29:22 CDT
  • Oklahoma Beef Industry Leader Weston Givens Offers His Takeaways from Recent Consumer Panel  Thu, 24 May 2018 11:04:29 CDT
  • As Australia Comes Back Online, the Need for a Permanent Trade Deal with Japan Becoming Critical  Wed, 23 May 2018 11:40:49 CDT
  • US-China Trade Tensions Seem to Ease Some Amid Stalled Threats of Tariff Retaliation, Trade War  Tue, 22 May 2018 10:29:46 CDT
  • Price of Beef Cows Falls to Historic Lows as Herd Expansion Starts to Plateau, So Says Randy Blach  Mon, 21 May 2018 10:04:24 CDT
  • Action Alert by NCBA- Call Your House Member and Urge a No Vote on Brat Blumenauer Amendment to 2018 Farm Bill  Fri, 18 May 2018 05:54:40 CDT
  • Are Your Cattle Getting Enough Water? Extension Specialist Justin Wagoner Shares His Summer Tips  Thu, 17 May 2018 11:30:32 CDT
  • While this Year's Beef Business Falls a Bit Short Compared to '17, It's Setting Us Up for a Strong 2019  Wed, 16 May 2018 11:50:00 CDT
  • Price of Hay Surges as US Livestock Industry Grapples with Tightest Hay Stock Supply Since 2013  Tue, 15 May 2018 11:23:07 CDT
  • NCBA Calls on USDA to Assert Jurisdiction Over 'Fake Meat' Regulation to Ensure Market Fairness  Mon, 14 May 2018 11:20:06 CDT
  • New Zoetis Implant, Synovex, Puts More Weight on Your Cattle and Less on Your Shoulders  Fri, 11 May 2018 14:23:31 CDT
  • OKC West Livestock Sale Raises $59,000 for Oklahoma Cattlemen's Foundation Wildfire Relief Fund  Thu, 10 May 2018 09:57:33 CDT
  • Persistent Drought Tightening Its Grip on Beef Cattle Producers Across the Southern Great Plains  Wed, 09 May 2018 10:29:58 CDT
  • As Smoke Clears, Derrell Peel Calculates $26.4M in Wildfire Damage to NW OK Cattle Operations  Tue, 08 May 2018 10:46:35 CDT
  • USRSB Chairwoman Says Consumer Worry Gives Industry Chance to Better Connect with Consumers  Mon, 07 May 2018 10:16:26 CDT

  •  

    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 Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    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.