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


Derrell Peel Takes a Close Look at the Big Picture of Oklahoma's Beef Market Opportunities This Fall

Mon, 15 Oct 2018 15:12:34 CDT

Derrell Peel Takes a Close Look at the Big Picture of Oklahoma's Beef Market Opportunities This Fall As we settle into the fall season, beef producers in Oklahoma are starting to get serious about their options and which direction they want to take their businesses this year. One strategy for stockers is of course to graze out wheat pasture which is establishing nicely across the state in most areas. However, each sector of the industry is different and profit potential will likewise be adjusted according to the differences in each operation’s management. Radio Oklahoma Ag Network Farm Director Ron Hays reached out to Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel to get his analysis of the cattle industry and where producers can expect to find the most opportunity this year.


“You look at the different sectors, obviously it’s a complex industry,” Peel said. “Cow/calf producers, I think there’s a modest opportunity for profits. There’s wide variation in the cost structure across those producers. But, the most efficient producers and the best cost managers I think clearly are profitable at these price levels.


“Stockers is much more of a short-term margin thing- the budgets have actually looked fairly attractive this fall for the most part even though we have bid up prices and taken some of that out in the last couple of weeks. And feedlots have struggled a bit at times, although we’ve seen a little bit of recovery in fed cattle prices. So, fed margins look a little better as well this fall.”


Peel says strong wholesale and retail beef prices have maintained in recent weeks as well which have limited packer margins some but overall still remain favorable to stakeholders. However, Peel says the wet, sloppy weather that has occurred recently is starting to catch up to us- which he expects will manifest its overall impact on the market as the seasonal beef cycle progresses.


“We’re probably not going to see additional increases - the seasonal pressure will build as we go through October here into early November,” he remarked. “So, we’ll hold these prices probably more steady then anything, perhaps even a little lower.”


Listen to Peel’s full analysis of fall beef market patterns and where the profit potential exists this year, 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 Peel's full analysis of fall beef market patterns and where the profit potential exists this year below
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • 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
  • American Angus President John Pfeiffer Offers the Back Story of the 40 Year Overnight Success of the Certified Angus Beef Program  Thu, 27 Dec 2018 18:06:16 CST
  • Expect Lots of Conversation About Animal ID in 2019- Chelsea Good Offers the LMA Viewpoint  Wed, 26 Dec 2018 07:42:19 CST
  • Derrell Peel and Ron Hays Beef Buzz- Contemplating the January 1, 2019 Beef Cow Number  Tue, 25 Dec 2018 12:20:25 CST
  • Surprising Beef Demand Sustained During '18 Results in Favorable December Cattle on Feed Report  Fri, 21 Dec 2018 09:41:29 CST
  • Chairwoman Dawn Caldwell Rebukes Critics' Claims About State Beef Council Federation's Work  Thu, 20 Dec 2018 12:06:06 CST
  • Producers Prove Very Cooperative Under FDA Veterinary Feed Directive and Judicious Antibiotic Use  Wed, 19 Dec 2018 13:01:32 CST
  • Market Watcher Derrell Peel Reviews this Fall Run of Calves as We Close Out 2018 and Look to '19  Tue, 18 Dec 2018 13:14:57 CST
  • Jim Robb of the Livestock Marketing Information Center Breaks Down Latest Beef Trade Numbers  Mon, 17 Dec 2018 13:10:56 CST
  • Cattle Industry Claims Key Victories in New Farm Bill with Funding Provisions for FMD Bank and EQIP  Fri, 14 Dec 2018 10:36:58 CST
  • Pressure from Fundamentals, Nonstop Muddy Feedlot Conditions Finally Catches Up to the Markets  Thu, 13 Dec 2018 12:12:56 CST
  • Pressure from Fundamentals, Nonstop Muddy Feedlot Conditions Finally Catches Up to the Markets  Thu, 13 Dec 2018 12:04:02 CST
  • CattleFax Has a Wealth of Market Information on Tap for Producers at Upcoming Cattle Convention  Wed, 12 Dec 2018 11:23:51 CST
  • NCBA's Kevin Kester Lights Fire Under USTR to Get US - Japan Trade Deal Negotiations Underway  Tue, 11 Dec 2018 11:12:38 CST
  • OKC-Based Kirkpatrick Foundation Raises Eyebrows with Not-So-Subtle Pro-Vegan Messages  Mon, 10 Dec 2018 12:18:30 CST
  • The Angus Cow- Unsung Hero of Certified Angus Beef  Sat, 08 Dec 2018 16:03:01 CST
  • Today's Beef Cattle Doing Better at Providing a Great Eating Experience Every Time for Consumers  Thu, 06 Dec 2018 19:55:13 CST
  • USMEF Chair-Elect Cevin Jones Says There is a Great Story to Tell Right Now in the Export Business  Wed, 05 Dec 2018 09:54:57 CST
  • Cameron Bruett of JBS Says Traceability Should be an Industry Priority, But Shouldn't Be Rushed  Tue, 04 Dec 2018 10:00:17 CST
  • Cameron Bruett of JBS-USA Addresses the Beef Industry's Problem with Perception vs. Reality  Mon, 03 Dec 2018 15:15:11 CST
  • Angus Association's New Angus Link Program to Highlight Breed's Superior Genetic, Profit Potential  Fri, 30 Nov 2018 09:45:09 CST
  • Former Chair John Pfeiffer Recounts the Certified Angus Beef Success Story - 40 Years in the Making  Thu, 29 Nov 2018 11:31:59 CST
  • Chelsea Good of the Livestock Marketing Association Weighs in on the Cattle Traceability Debate  Wed, 28 Nov 2018 10:25:24 CST
  • Chairwoman Dawn Caldwell Rebukes Critics' Claims About State Beef Council Federation's Work  Tue, 27 Nov 2018 10:08:29 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!

    Livestock Exchange 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.