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


Beef Markets Managing to Stay Current, Unphased by Growing Supplies and Global Trade Tension

Tue, 17 Apr 2018 10:20:12 CDT

Beef Markets Managing to Stay Current, Unphased by Growing Supplies and Global Trade Tension According to Jim Robb of the Livestock Market Information Center, it is uplifting to see that despite all the turmoil in today’s marketplace, the livestock and meat markets are sailing along relatively unphased by what is going on around them. In a recent interview with Radio Oklahoma Ag Network Farm Director Ron Hays, he reviewed the latest World Agriculture Supply and Demand Estimates report (WASDE) out last week from the USDA which he says showed only small changes if any at all to the agency’s forecasts for this year.


“On the meat market side, the adjustments were rather minor, less than one percent,” he said. “Some people tried to make news out of that, but those were really in line with expectations. I think a bit of the key of the report, from a broad livestock perspective, is the trade numbers from USDA.”


Robb says many in the industry have worried that potential tariffs might disrupt what has been a relatively strong export market this year. But again, the numbers in this report showed little change to prior expectations, although there was some reshuffling of the numbers. While export forecasts were slightly lowered for the current market aggressor, China, forecasts for other markets were raised - offsetting the losses to China. Overall, Robb says the meat markets are managing to skirt around the impacts of geo-political concerns.


This is particularly good news, given the other major concern Robb shares with the rest of the industry which whether or not cattle are being backed up in the feedlots due to oversupply and increased production in the pipeline this year. But, that is clearly not the case. Robb says one must only look at the current dressed weights of steers, which are up above a year ago by 10 lbs. with no sign of abnormal changes to the seasonal patterns. According to Robb, everything is in on track and moving ahead, “steady as she goes.”


Listen to Robb and Hays discuss how the beef markets are dealing with current internal and external pressures to stay current, 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.



   



   

Hear Robb and Hays discuss how the beef markets are dealing with outside pressures to stay current
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • Market Watcher Derrell Peel Breaks Down Current Feed and Hay Situation- Bottom Line, We're Good  Fri, 15 Feb 2019 11:51:42 CST
  • Roadmap to Disease Traceback System Takes Shape, But Many Devilish Details Still Left to Iron Out  Thu, 14 Feb 2019 12:39:42 CST
  • USDA Lays Groundwork on Disease Traceback System as Industry Begins to Warm Up to the Idea  Wed, 13 Feb 2019 10:05:43 CST
  • USMEF's Dan Halstrom Says New Deals Like the USMCA Vital for Sustainable Long-Term Growth  Tue, 12 Feb 2019 11:08:40 CST
  • 2018 US Beef Export Sales Set to Break Record with an Estimated $8.5 Billion of Total Product Sold  Mon, 11 Feb 2019 10:30:48 CST
  • Can't Make Heads or Tails of ELDs, Hours of Service? No One Can... Allison Rivera Sets Us Straight  Fri, 08 Feb 2019 11:11:47 CST
  • Clock Ticking as USDA Plays Catch Up from Shutdown, Drags Its Feet on Implementing the Farm Bill  Thu, 07 Feb 2019 12:44:02 CST
  • CattleFax's Randy Blach Says Evolution of US Beef Industry Remarkable, Still More Work to be Done  Wed, 06 Feb 2019 10:09:13 CST
  • CattleFax CEO Randy Blach Shares Positive Outlook on Cattle Markets, Warns of Possible Setbacks  Tue, 05 Feb 2019 16:16:20 CST
  • The Trouble with Trade - NCBA's Kent Bacus Says with Trade Deals, We're Our Own Worst Enemy  Mon, 04 Feb 2019 11:28:00 CST
  • China Holds Potential to Increase US Beef Exports by $4 Billion - Provided Trade Negotiations Go Well  Fri, 01 Feb 2019 09:28:53 CST
  • Fighting the Good Fight - NCBA's Colin Woodall Says Beef Industry Has "Fake Meat" Labs on the Run  Thu, 31 Jan 2019 13:42:49 CST
  • From the Cattle Industry Convention- Don Close Talks Cattle Inventory and More With Ron Hays  Wed, 30 Jan 2019 07:31:15 CST
  • Traceability Top of Mind This Week as Cattlemen From Across the Nation Converge in New Orleans  Tue, 29 Jan 2019 12:51:32 CST
  • With USDA Behind on Reporting, Analyst Jim Robb Shares His Cattle Inventory Estimates for 2019  Mon, 28 Jan 2019 10:56:08 CST
  • No Government, No Reports - Cattle Industry Flying Blind as USDA Reports Scrapped by Shutdown  Fri, 25 Jan 2019 10:21:13 CST
  • This Little-Known Fact Will Change the Way You Think About Greenhouse Gases, the Cattle Industry  Thu, 24 Jan 2019 11:26:31 CST
  • Leading Expert Frank Mitloehner Debunks Myths About US Animal Agriculture's Environmental Impact  Wed, 23 Jan 2019 18:08:59 CST
  • NCBA's Jennifer Houston Gearing Up for Another Great Cattle Industry Convention in The Big Easy  Tue, 22 Jan 2019 10:22:30 CST
  • With No End in Sight to Government Shutdown, Market Watcher Derrell Peel Offers This Advice  Mon, 21 Jan 2019 10:52:21 CST
  • Winter Weather Bogs Down Feedlot Activity- Derrell Peel Analyzes Impact on Markets and Producers  Fri, 18 Jan 2019 10:25:30 CST
  • NCBA President-Elect Jennifer Houston Predicts Vindication as Lawsuit Against Checkoff Progresses  Thu, 17 Jan 2019 17:19:25 CST
  • NCBA President-Elect Jennifer Houston Offers Beef's Perspective on AFBF Convention Discussions  Wed, 16 Jan 2019 09:58:07 CST
  • The Fight is Coming - AFBF President Zippy Duvall Unveils New Campaign to Pass to WOTUS 2.0  Tue, 15 Jan 2019 10:01:41 CST
  • Government Shutdown Flirting with Potentially Serious Financial Implications for Beef Producers  Mon, 14 Jan 2019 10:23:43 CST
  • NCBA's Ryan Goodman Visits OK to Train Producers in Effective Beef Advocacy and Messaging  Fri, 11 Jan 2019 10:28:56 CST
  • Based on Available Info, KSU's Glynn Tonsor Predicts Potentially Profitable Year for Cow/Calf Sector  Thu, 10 Jan 2019 10:10:26 CST
  • Economist Glynn Tonsor Addresses Recession Rumors, Why that Should Concern Cattle Producers  Wed, 09 Jan 2019 10:26:22 CST
  • Work on New WOTUS Rule Delayed by Government Shutdown as Window of Opportunity Closes  Tue, 08 Jan 2019 10:03:53 CST
  • NCBA, Environmental Groups Prepare to Touch Gloves as Effort to Revamp WOTUS Rule Heats Up  Mon, 07 Jan 2019 10:34:56 CST
  • Herd Expansion Shows Signs of Slowing, Only Marginal Growth Expected in Next Inventory Report  Fri, 04 Jan 2019 10:34:53 CST
  • Herd Expansion Shows Signs of Slowing, Only Marginal Growth Expected in Next Inventory Report  Fri, 04 Jan 2019 10:20:31 CST
  • New Year, New Challenges, New Policy Decisions to Make- Cattle Industry Gears Up for a Busy 2019  Thu, 03 Jan 2019 10:42:50 CST
  • 2018 a Good Year for Beef Producers Says Michael Kelsey - But What's in Store for the New Year?  Wed, 02 Jan 2019 10:11:27 CST
  • Angus Link Designed to Show All Black Cattle Are Not Equal  Wed, 02 Jan 2019 06:14:20 CST

  •  

    Beef Buzz Archives

    Old Archives  |   2010  |   2011  |   2012  |   2013  |   2014  |   2015  |   2016  |   2017  |   2018  |   Jan 19  |   Feb 19  |   Mar 19  |   Apr 19  |   May 19  |   Jun 19  |   Jul 19  |   Aug 19  |   Sep 19  |   Oct 19  |   Nov 19  |   Dec 19
       

    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.