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

  • 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
  • Analyst Randy Blach Says Margins a Little Tight This Year, But Cow/Calf Sector Remains Profitable  Tue, 02 Apr 2019 12:48:41 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.