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


Surprising Beef Demand Sustained During '18 Results in Favorable December Cattle on Feed Report

Fri, 21 Dec 2018 09:39:02 CST

Surprising Beef Demand Sustained During '18 Results in Favorable December Cattle on Feed Report The USDA released its Cattle on Feed report for the December 1, 2018 on Thursday afternoon. Radio Oklahoma Ag Network Farm Director Ron Hays reached out to OSU Extension Livestock Market Economist Dr. Derrell Peel for his reaction to the numbers in this month’s report. You can listen to their complete conversation by clicking or tapping the LISTEN BAR below at the bottom of the page.


“I think this report was well-anticipated in terms of the pre-report estimates. Placements are slightly higher than the average but well within the range of estimates. The marketings came in just a hair above the top-end of the range - but was a real narrow range,” Peel said. “Overall, I think it will be viewed very favorably in terms of the trade’s reaction to it.”


According to the report, cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head on December 1, 2018. The inventory was 2 percent above December 1, 2017.



Placements in feedlots during November totaled 2.00 million head, 5 percent below 2017. Net placements were 1.92 million head. During November, placements of cattle and calves weighing less than 600 pounds were 550,000 head, 600-699 pounds were 495,000 head, 700-799 pounds were 416,000 head, 800-899 pounds were 315,000 head, 900-999 pounds were 115,000 head, and 1,000 pounds and greater were 105,000 head.



Marketings of fed cattle during November totaled 1.87 million head, 1 percent above 2017. Marketings were the highest for November since the series began in 1996.



According to Peel, the numbers in this report are an extension of what we have seen lately from this series of data collected throughout the year. He says it reflects feedlots’ consistency in staying current with their inventories during 2018. Peel attributes much of that strong marketing indicated in the report, to surprisingly robust demand for beef that has been sustained for much of the year. He expects this will continue on into 2019 as long as these trends are maintained.


Click here to see the USDA’s Cattle on Feed report for December 1, 2018 for yourself.


Listen to Peel's full analysis of the numbers in this report, 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 Peel's full analysis of the numbers in this report, with Ron Hays, on today's Beef Buzz show.
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • OSU's Market Watcher Derrell Peel Optimistic Stability will Return to Cattle Markets this Summer  Tue, 21 May 2019 11:34:29 CDT
  • Japan Lifts 30-Month Rule on US Beef Imports, Creates Room for Potential $200M in Additional Value  Mon, 20 May 2019 11:59:19 CDT
  • NCBA's Colin Woodall Encourages Producers to Hang Tough as US-China Trade Talks Flare Up  Fri, 17 May 2019 12:08:49 CDT
  • US Meat Exports Fail to Meet Expectations During First Quarter of 2019, Will this Trend Continue?  Thu, 16 May 2019 11:31:30 CDT
  • Time to Turn Heat Up on Trade Talks with Japan, Bacus Says It's Been on the Backburner Too Long  Wed, 15 May 2019 09:50:39 CDT
  • US-China Tensions Flare as Trade Talks Near End, NCBA's Kent Bacus on Trump's Hardball Strategy  Tue, 14 May 2019 10:36:10 CDT
  • Beef Industry Leaders Form International Coalition to Advocate for USMCA's Speedy Ratification  Mon, 13 May 2019 10:45:22 CDT
  • Donnell Brown Proclaims Efficiency the Next Great Frontier, Genomic Enhancement will Get Us There  Fri, 10 May 2019 05:37:48 CDT
  • Slow Corn Planting Caused by Recent Rains Dampen Spirits in Cattle Industry, Derrell Peel Explains  Thu, 09 May 2019 10:42:38 CDT
  • Generational Transfer Happens Whether We're Prepared for it or Not - So Why Not Plan Ahead Now  Wed, 08 May 2019 10:08:19 CDT
  • Food Industry Leader John Patrick Lopez Says Sharing Agriculture's Story is Everyone's Responsibility  Tue, 07 May 2019 10:55:34 CDT
  • OKC-Based Processor Behind McDonald's Non-Frozen Beef Menu Brings Chain Some Fresh Sizzle  Mon, 06 May 2019 11:41:35 CDT
  • Greenhouse Gas Guru, Mitloehner, Says Cow-Fart Protestors Spread More Manure than Beef Industry  Fri, 03 May 2019 12:08:47 CDT
  • BQA Program Continues to Benefit, Improve US Beef Industry as More Producers Commit to Quality  Thu, 02 May 2019 10:03:30 CDT
  • Producers Crying Over Spilt Milk as Dairy Herd Liquidation Continues to Impact Beef Cattle Market  Wed, 01 May 2019 10:34:19 CDT
  • US Beef Export Sales Down Slightly During Q1 Compared to Record 2018 Sales But Volume Still High  Tue, 30 Apr 2019 11:31:45 CDT
  • Governor Kevin Stitt Signs Priority Legislation Protecting the Integrity of Beef in the Marketplace  Mon, 29 Apr 2019 11:54:18 CDT
  • Emerging Segment in Beef Pipeline Gains Importance - Rabo Analyst Don Close Explains Grow Yards  Fri, 26 Apr 2019 10:05:33 CDT
  • Angus Association President John Pfeiffer Shares Experience Attending the World Angus Secretariat  Thu, 25 Apr 2019 10:51:38 CDT
  • What Will It Take to Improve the Way Cattle Futures are Traded? Dr. Joe Janzen Has a Few Ideas  Wed, 24 Apr 2019 10:34:52 CDT
  • Opportunity Abounds for US Beef - USMEF's Greg Hanes on Tapping New and Growing Markets  Tue, 23 Apr 2019 10:16:02 CDT
  • Incoming Beef Board CEO Greg Hanes Shares Secrets on the Art of Marketing Beef Internationally  Mon, 22 Apr 2019 11:01:24 CDT
  • Cattle on Feed Up 2% - OSU's Derrell Peel Breaks Down the Numbers in this Month's USDA Report  Fri, 19 Apr 2019 10:59:59 CDT
  • Certified Angus Beef Just Passed 1 Billion Pounds in Annual Sales, But Can They Really Hit 2 Billion?  Thu, 18 Apr 2019 10:17:19 CDT
  • Speculation Swirls Over Potential Opportunities for US Meat Industry in Wake of African Swine Fever  Wed, 17 Apr 2019 10:36:17 CDT
  • Register Now to Attend the 2019 Hemphill Beef Cattle Conference Featuring Dr. Temple Grandin  Tue, 16 Apr 2019 10:22:45 CDT
  • Monday April 15th is Deadline for Submitting Comments to EPA on Waters of the US Rule  Sun, 14 Apr 2019 14:25:12 CDT
  • Consumer Priorities Can Change, But These 3 Things Never Fall Off the List - Taste, Flavor, Juiciness  Fri, 12 Apr 2019 10:18:04 CDT
  • CAB: 1 in 5 Fed Cattle in North America Hit Certified Angus Specs Thanks to Producers' Commitment to Quality  Mon, 15 Apr 2019 05:02:54 CDT
  • Beef Industry's Digital Strategy Beginning to Reach Maturity as Millennials and Gen-Z Come of Age  Wed, 10 Apr 2019 10:21:56 CDT
  • That Chuck is One Quick Study - Alisa Harrison Explains How Industry's New AI Spokesman Works  Tue, 09 Apr 2019 10:48:32 CDT
  • Simmental Association Launches Exciting New Project Designed to Expand Carcass Data Collection  Mon, 08 Apr 2019 11:26:50 CDT
  • NCBA's Colin Woodall Says Green New Deal Only Helps Strengthen Beef Industry's Credibility  Fri, 05 Apr 2019 14:09:25 CDT
  • China Trade Talks Seem to be Progressing Well, But You Know China... You Really Never Can Tell  Thu, 04 Apr 2019 12:18:11 CDT
  • Flooding Less Devastating Than Thought with Damage at Just a Fraction of Early Estimates  Wed, 03 Apr 2019 12:10:47 CDT

  •  

    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 Tulsa Farm Show AFR Insurance 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.