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


Herd Expansion Shows Signs of Slowing, Only Marginal Growth Expected in Next Inventory Report

Fri, 04 Jan 2019 10:18:07 CST

Herd Expansion Shows Signs of Slowing, Only Marginal Growth Expected in Next Inventory Report


The beef industry will get its next update on the number of beef cows in the United States in the annual Cattle Inventory Report, due to be published by the US Department of Agriculture on January 31st - assuming the ongoing partial government shutdown comes to end by then. Katelyn McCullock is the new director of the Livestock Marketing Information Center and she believes this report will show only a marginal increase in that overall beef cow number.


“The number of beef cows that have calved over the last four years has grown, adding about 2.6 million head since 2014,” she said. “But this year we really watched the number of beef cows being slaughtered and the number of heifers, calves and cows entering into the slaughter mix.”


According to McCullock, those beef slaughter numbers are much higher than they have been in the years past. She says that should be taken to mean that producers are looking to slow down this expansionary phase the industry has been in. That evaluation of the current state of the industry is only strengthened, she says, when taking into consideration the level at which cattle prices have been this year and that no major cases of herd liquidation have been reported. Overall, McCullock expects to see an increase of less than one percent year-over-year; perhaps anywhere from zero to half a percent and a January 1, 2019 total of 31.7 to 31.8 million head.


With that, the only question is whether or not that number is adequate to balance supply and demand. McCullock says there are several factors that play into that equation. Much of it, of course, is influenced heavily by macroeconomic factors. She says there are already some expectations that the economy could be headed for a recession in the next year or two. What will come to pass, though, still remains to be seen. But, when it comes to supply and demand - McCullock says it is always much better to play catch up on the supply side than to go the other way.


Listen to McCullock and Radio Oklahoma Ag Network Farm Director Ron Hays discuss her expectations for the upcoming USDA Cattle Inventory Report, 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 McCullock and Hays discuss her expectations for the upcoming USDA Cattle Inventory Report.
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • R-Calf's Bill Bullard Says Litigation is Their Preferred Strategy to Get What They Want  Wed, 11 Dec 2019 07:33:54 CST
  • USMEF President Dan Halstrom Calls US-Japan Deal Best Positive News in 2019 for Agriculture  Tue, 10 Dec 2019 14:01:31 CST
  • LMA's Jara Settles Updates Status of ELDs and Hours of Service for Cattle Industry  Mon, 09 Dec 2019 14:08:23 CST
  • Hannah Thompson-Weeman on the Book- What Would Jesus REALLY Eat?  Fri, 06 Dec 2019 11:55:52
  • Animal Ag Alliance Watching the Anti Animal Ag Crowd- Hannah Thompson Weeman Explains  Thu, 05 Dec 2019 10:16:34
  • NCBA's Ethan Lane Explains NCBA's Game Plan to Engage USDA on Product of USA Labels  Wed, 04 Dec 2019 10:33:10
  • Cattle Beef Board CEO Touts Great Sustainability Story of the Modern US Beef Cattle Business  Tue, 03 Dec 2019 06:21:01 CST
  • Five Months Into the Job, New CEO Greg Hanes Offers His Perspective of Beef Checkoff Efforts  Mon, 02 Dec 2019 07:38:07 CST
  • NCBA's Ethan Lane Tells Bird Stories- Talking Buzzards and Lesser Prairie Chickens with Ron Hays  Wed, 27 Nov 2019 06:49:34 CST
  • Dr. Peggy Thompson of BI Says Cattle Riding the Temperature Rollercoaster Face Extra Stress  Tue, 26 Nov 2019 07:07:28 CST
  • Angus CEO Mark McCully Upbeat About the Future of the Angus Breed  Tue, 26 Nov 2019 03:35:51 CST
  • CEO of the American Angus Association Mark McCully on His New Role, and the Future of the Angus Association  Fri, 22 Nov 2019 16:29:02 CST
  • Livestock Market Economist Dr. Glynn Tonsor talks Fake Meat  Thu, 21 Nov 2019 11:35:41 CST
  • Colin Woodall is Calling a Spade a Spade as He Steps Into His New Role as CEO of the National Cattlemen's Beef Association  Wed, 20 Nov 2019 07:07:09 CST
  • Cattlemen Continue to Talk Ratification of USMCA- Colin Woodall Says House Vote Top DC Priority  Tue, 19 Nov 2019 07:53:35 CST
  • Don Close of Rabo AgriFinance Tells Ron Hays African Swine Fever Continues to Reshape the Global Protein Market  Tue, 19 Nov 2019 06:40:22 CST
  • Cattle Market Looks Strong as We Head for the 2019 Finish Line- Ron Hays Talks Specifics WIth Don Close  Fri, 15 Nov 2019 07:23:33
  • Clay Mathis with King Ranch Institute for Ranch Management Explains How to Find Profitability in Today's Cow Calf Operatons  Thu, 14 Nov 2019 16:52:10
  • Exciting Times Now and Coming in the Days Ahead in the World of Cattle Genomics  Wed, 13 Nov 2019 05:47:28 CST
  • Cattle Producers Facing Slow Start for Wheat Pasture   Tue, 12 Nov 2019 06:48:25 CST
  • OSU's Derrell Peel Says Cattle Markets Looking Solid as We Approach the Middle of 2019's Fourth Quarter  Mon, 11 Nov 2019 06:57:00 CST
  • Certified Angus Beef Continues to get Creative to Drive Demand   Fri, 08 Nov 2019 08:22:05 CST
  • Certified Angus Beef Continues Record Sales Growth to Benefit Angus Purebred Owners  Thu, 07 Nov 2019 16:46:44 CST
  • Leo McDonnell Questions Product of USA Labeling on Packages of Beef You Can Find in the Supermarket Meat Case  Wed, 06 Nov 2019 16:02:17 CST
  • John Pfeiffer Satisfied That the Angus Breed Well Positioned for Continued Success as He Ends His Year of Serving as Association President   Tue, 05 Nov 2019 10:09:00 CST
  • Oklahoma Angus Breeder John Pfeiffer Looks Back at His Year Serving as President of the American Angus Association  Mon, 04 Nov 2019 14:58:59 CST
  • While Others Throw Rocks to Get Attention, NCBA’s Colin Woodall is Building Bridges  Fri, 01 Nov 2019 14:51:30 CDT
  • Ranch Management Consultant Stan Bevers Advises Cow/Calf Producers to “Mind Their Own Business”  Thu, 31 Oct 2019 16:25:31 CDT
  • Ranch Management Consultant Stan Bevers Breaks Down the Economics of Maintaining That Mama Cow  Wed, 30 Oct 2019 15:13:02 CDT
  • Traceability Continues to Cause Division Among Producers as Industry Vets System’s Pros and Cons  Tue, 29 Oct 2019 08:20:10 CDT
  • Dr Rosslyn Biggs Says There Are Lots of Moving Parts and Interested Parties in the Animal ID Discussion  Mon, 28 Oct 2019 15:22:42 CDT
  • Cattle Producers Must Win the Hearts and Minds of Consumers to Use Gene Editing Technology  Sat, 26 Oct 2019 13:55:50 CDT
  • Deworming Does Not Cost- It Pays in Most Beef Cattle Operations  Thu, 24 Oct 2019 09:31:14 CDT
  • The Greenhouse Guru, Dr. Frank Mitloehner, Recognized with Borlaug Communications Award  Wed, 23 Oct 2019 21:54:53 CDT
  • South Dakota Rancher Todd Wilkinson Tells EPW, Cattlemen Part of the Solution to Climate Change  Tue, 22 Oct 2019 07:53:15 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!

    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

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


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

    WebReady powered by WireReady® Inc.