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
   

Beef Buzz News


As Summer Doldrums Loom, Producers Encouraged to Stay the Course for Fourth Quarter Rebound

Wed, 30 May 2018 10:23:27 CDT

As Summer Doldrums Loom, Producers Encouraged to Stay the Course for Fourth Quarter Rebound Just after the USDA released its latest Cattle on Feed report this past week, Radio Oklahoma Ag Network Associate Farm Director Carson Horn had the chance to speak with Jim Robb of the Livestock Marketing Information Center about some of the different environmental and economic factors currently influencing the beef markets - including the impact drought has had.


“This report definitely shows we placed cattle early, especially out of the Southern Plains, because of drought,” he said. “As we look ahead from this point forward, the drought will start to impact when these calves that are born in 2018 are weaned and what we do with our summer grazing program. It can continue to influence the feedlot placement much like they have in recent months, but we’ll have to wait and see.”


Robb also addressed the recent fall off in cattle prices that have been observed, especially in respect to finished cattle. While the decline has been fairly strong over the last couple of weeks, he says most of that adjustment was well anticipated - however, he admits it may have come at a faster pace than what was expected. This has created an incentive to market cattle early. Even so, Robb says the market is shaping up as anticipated, but cautions that the summer lows are still ahead in June and July in terms of fed cattle prices. Calf and yearling prices he expects, too, have a little ratcheting down left to do. He says much of how things play out will depend on the weather and how favorably Mother Nature decides to treat us. That said, Robb believes for the most part the industry is well positioned to take on whatever challenges may arise during the balance of this year.


“We need to continue to market cattle even though prices will erode here over the next several weeks. If we continue to do that - we set ourselves up for a nice rebound of fed cattle prices in or by the fourth quarter of 2018,” he said. “So, we need to keep doing what we’re doing on the marketing side and hope for strong movement of beef through the grocery stores and the US economy seems primed to do that.”


Listen to Robb’s full analysis of the current beef market and its influences, with Radio Oklahoma Ag Network Farm Director Ron Hays, 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's full analysis of the current beef market and its influences, on today's Beef Buzz below
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • Though Painful, Beef Producers Continue to Back President's Trade War: "Do What You Gotta Do"  Fri, 17 Aug 2018 10:17:05 CDT
  • Europe Claims It's Willing to Negotiate Trade Terms with US, But are They Really Serious About That  Thu, 16 Aug 2018 10:15:20 CDT
  • Livestock Economist Derrell Peel Says Market Signals All Pointing to Stocker Opportunities This Fall  Wed, 15 Aug 2018 11:14:38 CDT
  • 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

  •  

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

    WebReady powered by WireReady® Inc.