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


All Eyes on Placements this Friday as Industry Anticipates USDAs Release of Cattle Inventory Reports

Thu, 19 Jul 2018 11:32:39 CDT

All Eyes on Placements this Friday as Industry Anticipates USDAs Release of Cattle Inventory Reports This Friday, the US Department of Agriculture will release in tandem both the monthly Cattle on Feed Report as well as the Midyear Cattle Inventory Report. Dr. Lee Schulz of Iowa State University offered a brief pre-report analysis of the industry’s expectations for the data in these reports and he suspects that as is often the case with these reports, all eyes will be primarily on the number of placements recorded.


“I think they’re expected above a year ago. We’ve seen larger feeder cattle imports from Mexico and Canada and really stronger feeder cattle receipt activity,” he said. “So, I think we’re seeing those cattle enter feedlots. Some of that is weather related and dry conditions in some areas is pushing it into the feedlot at somewhat lighter weights.”


Regarding cattle marketed, Schulz believes the industry will be at roughly year-ago levels, mostly due to June having one less slaughter day this year, which he estimates will bring the total cattle on feed number to around 4 or 5 percent above a year ago. He notes that if any surprises were to come from this report, it would be in that placement number which he adds has thrown some analysts for a loop over the last few months. The results of this report cycle, he thinks will be somewhat bearish - not for the current market - but, rather deferred markets. And with herd expansion noticeably slowing, Schulz says he wonders just at how fast a rate it actually is decelerating or even all but stopped at this point. He says the Midyear Inventory report will offer a glimpse at the larger picture of this cattle market at present and how it will develop over the balance of the year.


“I think we’re going to see numbers, especially for heifers for beef cow replacements be lower than a year ago, just because they were so high the last several years,” he said. “Beef cow numbers are still likely to be higher than a year ago, as really culling rates haven’t caught up yet. But, the number I think a lot of us are going to be watching is that feeder cattle outside of feedlots. That gives us an indication of what hasn’t entered feedlots yet. That number I think could really play into what this fall feeder cattle market really does look like.”


Listen to Schulz offer his thoughts about the upcoming cattle inventory reports, 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.



   




   

Hear Schulz offer his thoughts about the upcoming cattle inventory reports to Hays, on today's show.
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • Chief Ag Negotiator Greg Doud Weighs in on the Highly Anticipated Bilateral Trade Talks with the EU  Fri, 19 Oct 2018 10:56:49 CDT
  • Rancher Donnell Brown Believes Five Traits Measured by Genomic EPDs Can Simplify Bull Selection  Thu, 18 Oct 2018 03:57:31 CDT
  • Do You Know What Your Cattle are Really Worth? CAB’s Justin Sexton on the True Value of Quality  Wed, 17 Oct 2018 15:51:10 CDT
  • Cattle Industry Comes Together to Launch Cattle Trace Pilot Project, Now Underway in Kansas  Tue, 16 Oct 2018 10:32:07 CDT
  • Derrell Peel Takes a Close Look at the Big Picture of Oklahoma's Beef Market Opportunities This Fall  Mon, 15 Oct 2018 15:13:00 CDT
  • The Trouble with China - NCBA's Kent Bacus Supports Washington's Game of Hard Ball with Beijing  Fri, 12 Oct 2018 11:12:36 CDT
  • NCBA Calls for Sense of Urgency in Trade Deal Negotiations with Japan as Competition Stiffens  Thu, 11 Oct 2018 10:35:00 CDT
  • US Beef's International Success Boils Down to Two Things: Its Great Taste and Good Trade Deals  Wed, 10 Oct 2018 11:40:43 CDT
  • US Beef Exports Set Another Record in August with No End to the Growing Momentum in Sight  Tue, 09 Oct 2018 10:31:03 CDT
  • Supreme Court Proceeds with Critical Cases to Agriculture Over Weekend, Sans Kavanaugh's Vote  Mon, 08 Oct 2018 10:41:42 CDT
  • From Mama Cow to the Feedlot, Alltech's New Blueprint Nutrition Program Delivers Real Results  Fri, 05 Oct 2018 11:14:46 CDT
  • Janeal Yancey, the 'Mom at the Meat Counter,' Encourages Producers to Get on Consumers' Level  Thu, 04 Oct 2018 10:52:32 CDT
  • A Look at Trump's new NAFTA from a Livestock Perspective with Extension Economist Glynn Tonsor  Wed, 03 Oct 2018 10:36:27 CDT
  • LMA's Livestock Auctioneering Championship Showcases Vocation's Value to the Cattle Industry  Tue, 02 Oct 2018 14:54:40 CDT
  • Ag's Message of 'Do No Harm' Heard by Administration and Implemented in New KORUS Agreement  Mon, 01 Oct 2018 10:36:24 CDT
  • Despite Consumers Growing Concern with Production Practices - Taste, Price, Convenience Still King  Fri, 28 Sep 2018 09:58:18 CDT
  • Big News Arrives this Week as White House Announces US-Japan Bilateral Trade Deal in the Works  Thu, 27 Sep 2018 10:10:41 CDT
  • Unless You Treat the Underlying Cause Don't Expect Results- Vet AJ Tarpoff Talks Treatment Failure  Wed, 26 Sep 2018 10:59:18 CDT
  • Trump Slaps China with Another $200 Billion in Tariffs While World Watches to See Who Blinks First  Tue, 25 Sep 2018 10:48:10 CDT
  • OSU's Derrell Peel Says Latest On Feed Report Indicates Feedlots Moving Cattle at Aggressive Pace  Mon, 24 Sep 2018 10:53:38 CDT
  • Industry Pulls Together to Define Antimicrobial Stewardship, Ensure Essential Drugs Remain Available  Fri, 21 Sep 2018 10:22:31 CDT
  • NCBA Chief Vet Kathy Simmons Says Farm Bill Funding Critical to Realizing Secure Beef Supply Plan  Thu, 20 Sep 2018 10:01:29 CDT
  • LMIC's Jim Robb Predicts Friday's Cattle on Feed Report Placements Will Draw Significant Attention  Wed, 19 Sep 2018 11:17:32 CDT
  • Beef Markets Surprise with Unseasonable Fundamental Strength Supported by Cheaper Corn Stocks  Tue, 18 Sep 2018 10:59:44 CDT
  • Turning 40 This Year, the Certified Angus Beef Program Has More Than Just Longevity to Celebrate  Mon, 17 Sep 2018 09:38:54 CDT
  • Witnessing a Revolution - Genomic Research, New Technology Continues to Advance Angus Breed  Fri, 14 Sep 2018 09:42:15 CDT
  • Mystery Lurks as Seasonal Lows in Cull Cow Market Arrive Early- LMIC’s Jim Robb Offers This Advice  Thu, 13 Sep 2018 10:57:55 CDT
  • US Beef Export Numbers Paint a Picture of a Robust Demand Environment in the Global Marketplace  Wed, 12 Sep 2018 10:46:16 CDT
  • NCBA's Colin Woodall Races Against Clock to Tie-up Legislative Priorities as Fall Deadlines Approach  Tue, 11 Sep 2018 10:51:24 CDT
  • Let's Face It, These Days Advocacy Has Become Just Another Part of Doing Business on the Ranch  Mon, 10 Sep 2018 11:15:55 CDT
  • Animal Disease Still a Serious Threat to Markets, But Much Progress Has Been Made to Limit Impact  Fri, 07 Sep 2018 11:29:01 CDT
  • Strong Beef Demand Helping Offset Rising Supplies of Cattle in Pipeline  Thu, 06 Sep 2018 08:39:37 CDT
  • After the Website Makeover, Millions Flock to Beef It's Whats for Dinner- Nicely Done!  Wed, 05 Sep 2018 12:40:55 CDT
  • Beef, It's Whats for Dinner Revitalization Going Well- Beef Industry to Build on Rollout with Chuck the Beef Bot  Tue, 04 Sep 2018 06:33:02 CDT
  • Derrell Peel Advises Producers to Start Considering Fall Marketing Plans as Seasonal Lows Approach  Fri, 31 Aug 2018 11:26:54 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.