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


Despite All the Hubbub Over Trade These Days - US Beef Exports are Actually Doing Pretty Well

Thu, 12 Apr 2018 12:20:39 CDT

Despite All the Hubbub Over Trade These Days - US Beef Exports are Actually Doing Pretty Well With all the uproar regarding trade these days, whether it’s NAFTA, TPP or tariffs on China - it is good to know that overall, the US beef industry is fairing quite well despite all the challenges. Extension Livestock Market Economist Derrell Peel told Radio Oklahoma Ag Network Farm Director Ron Hays in a recent interview that when you look at the actual data pertaining to beef exports, the numbers are really very strong.


According to Peel, total beef exports for the month of February this year are up 10 percent year-over-year. The first two months of this year, are up as well by 12.6 percent suggesting relatively good strength in the marketplace.


“Now, we’re a tiny bit weaker in Japan which is our largest export market. A little bit weaker in Canada as well, but up significantly in most other markets,” Peel reported. “That’s important because we know we’re looking at record total meat production in the US this year.”


The one issue that has people worried most, though, is that the Trump administration is on the brink of sparking a trade war with China. Peel says even if China’s threats of retaliation don’t include beef, it could still very easy and quite significantly impact the industry indirectly if other agricultural sectors are affected. The important thing to understand at the moment, he says, is that none of the threatened sanctions have at this point been implemented.


“So, one hopes that leads to political discussions and some sort of resolution, but the uncertainty in the short run is a negative factor,” he said. “Should this turn into a full-blown trade war, it could be very devastating.


Listen to Dr. Peel and Hays discuss the current trade climate for the US beef industry, 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 Dr. Peel and Hays discuss the current trade climate for the US beef industry, on today's show
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • Beef's New Digital Presence Already Showing Significant Return on Investment Less Than a Year In  Tue, 14 Aug 2018 11:22:36 CDT
  • Move Over Siri- NCBA's Alisa Harrison Shares Beef Industry's Plans to Introduce the World to 'Chuck'  Mon, 13 Aug 2018 11:26:01 CDT
  • Bill Bullard Explains the Injunction in Place Against Montana Beef Council Which Could be Expanded to Cover Other State Beef Councils  Fri, 10 Aug 2018 10:28:59 CDT
  • California Rancher Michael Williams Defends US Roundtable for Sustainable Beef- Saying Group is About Education to Improve Production Practices Across the Beef Chain  Thu, 09 Aug 2018 21:05:31 CDT
  • NCBA's Colin Woodall Says Fake Meat a Real Threat, Why USDA Should Oversee All Meat Products  Wed, 08 Aug 2018 11:17:44 CDT
  • Issue of Traceability Gains Traction in Cattle Industry, Producers Mull Possibilty of Voluntary Programs  Tue, 07 Aug 2018 10:23:27 CDT
  • Keep Calm and Carry On - Trump's Trade War Rages On, But World Market Remains Full of Optimism  Mon, 06 Aug 2018 10:26:37 CDT
  • Beef Export Market Continues to Grow Despite the Current Intensity in the Global Trade Environment  Fri, 03 Aug 2018 11:28:18 CDT
  • A New Day Dawning on Trade Talks with the Land of the Rising Sun? NCBAs Kent Bacus Thinks So  Thu, 02 Aug 2018 10:40:27 CDT
  • Let's Face It, These Days Advocacy Has Become Just Another Part of Doing Business on the Ranch  Wed, 01 Aug 2018 10:58:04 CDT
  • As Industry Debates the Need of Traceability - the Performance Food Group Proves Program's Value  Tue, 31 Jul 2018 11:35:25 CDT
  • A Cut Above - Wholesaler Brad Morgan Offers Sneak Peek into the Retail World of High-End Beef  Mon, 30 Jul 2018 11:36:46 CDT
  • Challenges Ahead for the Beef Industry But Duane Lenz of CattleFax Confident in Market's Profitability  Fri, 27 Jul 2018 10:03:21 CDT
  • Food Fight - NCBA President Kevin Kester Calls Out FDA's Regulatory Power Grab Over 'Fake Meat'  Thu, 26 Jul 2018 15:58:53 CDT
  • NCBA President Kevin Kester Talks Frankly About Environmental Issues Affecting Modern Producers  Wed, 25 Jul 2018 12:19:02 CDT
  • Based on USDA's Cattle Inventory Report Derrell Peel Sees Herd Expansion Ongoing But Moderating  Tue, 24 Jul 2018 09:46:25 CDT
  • Derrell Peel Breaks Down the July USDA On Feed Report - Calls It an Overall Positive for the Market  Mon, 23 Jul 2018 10:15:15 CDT
  • If All the EPD Data Confuses- University of Missouri's Jared Decker Suggests Trying the Dollar Indexes  Fri, 20 Jul 2018 09:01:46 CDT
  • All Eyes on Placements this Friday as Industry Anticipates USDAs Release of Cattle Inventory Reports  Thu, 19 Jul 2018 11:34:18 CDT
  • Animal Rights Activists Join the Feminist Movement, Touting Livestock's "Reproductive Rights"  Wed, 18 Jul 2018 10:22:02 CDT
  • A Rising Culture of Violence Among Animal Activists Exposed in Latest Report from Animal Ag Alliance  Tue, 17 Jul 2018 09:58:32 CDT
  • Turf War Between FDA and USDA Over 'Fake Meat' Heats Up- NCBA's Danielle Beck Pushes Back  Mon, 16 Jul 2018 10:18:56 CDT
  • Bias Alert: FDA Asserts Unfounded Jurisdiction Over 'Fake Meat' in Kangaroo Court Hearing  Fri, 13 Jul 2018 10:31:08 CDT
  • It's Not Renegotiating Trade Terms That's Scary - It's Duking It Out with So Many Countries at Once  Thu, 12 Jul 2018 10:03:50 CDT
  • Cattle Inventory Projections Suggest Cow/Calf Producers Can Expect a Fairly Positive Year in 2018  Wed, 11 Jul 2018 10:11:40 CDT
  • As Selection Tools Become More Sophisticated, Ranchers are Growing More Confident in Decisions  Tue, 10 Jul 2018 09:43:34 CDT
  • Generational Transfer Happens Whether We're Prepared for it or Not- So Why Not Plan Ahead Now?  Mon, 09 Jul 2018 10:19:59 CDT
  • NCBA Regrets Scott Pruitt's Decision to Resign as EPA Chief, Defends Work as Regulatory Reformer  Fri, 06 Jul 2018 09:57:07 CDT
  • Canada Hits US Beef Industry Hard with New Tariffs in Retaliation Against Trump's Trade Policies  Thu, 05 Jul 2018 11:50:07 CDT
  • Noble Research Institute Project Yields Cutting-Edge Insight into Better Forage-Based Cattle Systems  Tue, 03 Jul 2018 10:09:52 CDT
  • As Lawmakers Get Closer to Producing a Final 2018 Farm Bill, Lots of Work Left to Do in Conference  Mon, 02 Jul 2018 11:18:28 CDT
  • Ag Industry Triumphs Over Activist Groups with Defeat of Lee-Booker Amendment in the Senate  Fri, 29 Jun 2018 10:05:44 CDT
  • HSUS Plays Political Puppet-Master in Latest Attempt to Hinder and Besmirch NCBA and Ag Industry  Thu, 28 Jun 2018 12:49:58 CDT
  • Jim Robb Sees Profitability Returning to Cow-Calf Sector as Industry Enters into Transitional Period  Wed, 27 Jun 2018 10:17:05 CDT
  • NCBA's Kent Bacus Condemns the Folly of Trade Wars- Says American Consumers will Ultimately Pay  Tue, 26 Jun 2018 09:59:22 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 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.