Beef Buzz News
From the Cattle Industry Convention- Don Close Talks Cattle Inventory and More With Ron Hays
Wed, 30 Jan 2019 07:28:35 CST
In talking with Don Close of Rabo Agrifinance on Tuesday- he was certain that we would not see a USDA Cattle Inventory report this week- and based on a check of the USDA NASS calendar on Wednesday morning- he is right- USDA has removed the Cattle Inventory report from the USDA calendar for January 31st- tomorrow- and in checking February- it is nowhere to be found at this point.
Ron Hays Beef Buzzes with Don Close of Rabo Agrifinance on Missed Cattle Reports
Close talked about the missed January Cattle on Feed Report and now missing Cattle Inventory Report that are casualties of the Partial Government Shutdown that ended this past Friday. Close tells Radio Oklahoma Ag Network's Ron Hays at the 2019 Cattle Industry Convention in New Orleans that we have had "soft data" that helps us calculate some of the missing information that would have been supplied this past Friday by USDA in the January Cattle on Feed Report. USDA missed the January 25th report- but has the February report currently listed on the NASS calendar to be released February 22nd.
As for the Cattle Inventory report- Close believes that it will take at least a couple of weeks for USDA to assemble the data that makes up that report- longer than that if they had not gotten requests for information out before the just concluded government shutdown was put in place.
He does believe that once that report comes out- whenever that may be- that it will be showing a slight expansion of the US Beef Cow herd as of January 1, 2019. The January 1, 2018 Beef Cow count was 31.7 million head. "I'm in the camp that I believe we have continued to expand. I believe it will be very very shallow...for the first half of 2018, we were continuing to see female retention." He adds that in the third and fourth quarters of 2018- the herd was being reduced to a limited degree. Close adds "when you go back and look at the cow data annualized- the heifer placements annualized- I'm in the camp of expansion."
He adds that his thoughts have always been a top end at this time for the US beef cow herd will be around 32 to 32.5 million head- and it may be the start of 2020 or even 2021 before we get to those levels.
Close and Hays also discuss the position that the US beef herd is in as we approach the spring of 2019- Don believes that we have more moisture to start the spring season than anytime in recent years- and that will bode well for pastures as they green up and for the production of hay- badly needed after the drawdown of stocks in the last few months.
You can listen to their complete conversation on today's Beef Buzz by clicking or tapping on the LISTEN BAR below.
Our coverage from New Orleans and the 2019 Cattle Industry Convention and NCBA Trade Show will be powered by Corteva Agriscience, delivering solutions to help you manage weeds and brush- learn more by clicking here for their website- www.RangeAndPasture.Com.
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.
right-click to download mp3
WebReadyTM Powered by WireReady® NSI
Colin Woodall on The Battle Over the Beef Check-off Thu, 20 Feb 2020 09:14:06 CST
Colin Woodall on Defending the Beef Brand Wed, 19 Feb 2020 09:02:09 CST
Colin Woodall Explains Why Trade Victories are a Big Deal for The Cattle Industry Tue, 18 Feb 2020 10:09:44 CST
Danny Jones of Superior Livestock Talks about Feb 20th Sale in Norman, OK Mon, 17 Feb 2020 14:37:09 CST
Scott Yager Says its Important to Showcase Cattle's Role in Preserving the Environment Fri, 14 Feb 2020 11:55:40 CST
NCBA's, Scott Yager Explains The Difference Between The EPA's Old WOTUS and New WOTUS Thu, 13 Feb 2020 17:41:50 CST
Ben Weinheimer With TCFA Talks Traceability Throughout The Industry From Calf To Slaughter Wed, 12 Feb 2020 11:57:36 CST
New NCBA President Marty Smith Lists His Priorities For 2020 Tue, 11 Feb 2020 11:56:06 CST
Don Close with Rabo Agrifinance Talks Currrent Cattle Inventory Numbers Mon, 10 Feb 2020 14:34:34 CST
Kevin Good Predicts Continued Strong Demand, Higher Prices In 2020 Fri, 07 Feb 2020 11:28:22 CST
Ethan Lane Says There’s a Lot to Celebrate in Beef This Year Wed, 05 Feb 2020 10:56:02 CST
Katelyn McCullock says 2020 is the Year for Boosting Live Cattle Prices Tue, 04 Feb 2020 09:22:26 CST
Dr. Derrell Peel Sees No Big Surprises from Friday’s USDA Cattle Inventory Report Mon, 03 Feb 2020 06:33:25 CST
State Vet Dr. Rod Hall Believes the Animal Disease Trace-Back Program May Resurface in Early 2020 Fri, 31 Jan 2020 14:04:41 CST
Montana Judge Rules in Favor of USDA and State Beef Councils in Litigation Brought by R-Calf Thu, 30 Jan 2020 06:32:01 CST
Dr. Glynn Tonsor Not Expecting any Surprises with Friday's Cattle Inventory Report Wed, 29 Jan 2020 10:11:51 CST
Cattle Market Watcher Derrel Peel Previews This Friday's Cattle Inventory Report Tue, 28 Jan 2020 06:42:32 CST
Dr. Derrell Peel Talks Cattle on Feed and Marketing Placement Numbers Mon, 27 Jan 2020 15:01:57 CST
Scott Yager of NCBA- Navigable Waters Protection Rule Is a Huge Positive for Rural America Fri, 24 Jan 2020 06:55:16 CST
Alisa Harrison says When Consumers Have Options, They Still Choose Beef Thu, 23 Jan 2020 08:35:50 CST
Alisa Harrison Reminds Producers Their Beef is Still the Preferred Choice to be Found in the Meat Aisle Wed, 22 Jan 2020 06:48:34 CST
Even With Growing Meat Supplies- Demand Has Stayed Strong as a New Decade Arrives Tue, 21 Jan 2020 06:07:28 CST
Masters Of Beef Advocacy Program Helps Beef Producers be AgAdvocates for Their Industry Mon, 20 Jan 2020 10:35:34 CST
Cattle Industry Will Provide Watchful Eye as US and Chinese Trade Officials Work to End Non Scientific Trade Barriers for US Beef Fri, 17 Jan 2020 12:23:42 CST
NCBA’s Kent Bacus Hopeful China May Soon Be a Billion Dollar Beef Market for US Producers Thu, 16 Jan 2020 20:49:14 CST
OSU’s Dr. Derrell Peel Says Preconditioning and Risk Management Are Tools to Help You Prosper in 2020 Wed, 15 Jan 2020 06:48:10 CST
Dr. Derrell Peel Sees Cattle Marketplace in 2020 Starting on a Positive Note Tue, 14 Jan 2020 08:26:13 CST
When They Meet the Criteria of the Certified Angus Beef Program, Those Calves Are Worth More Mon, 13 Jan 2020 05:35:18 CST
LMIC's Katelyn McCullock Previews the 2020 Cattle Inventory Report and Expected Beef Cow Numbers Sat, 11 Jan 2020 10:43:26 CST
Oklahoma Cattlemen’s Association is Ready to Roll up their Sleeves and Review Policy at their One Day Winter Policy Conference Thu, 09 Jan 2020 07:10:54 CST
New Deal, New Opportunities for U.S. Beef in the European Market Wed, 08 Jan 2020 06:33:06 CST
If Trade Rules for US Beef Are Relaxed in US-China Phase One Deal- Erin Borror Sees Mind-Boggling Trade Ahead Tue, 07 Jan 2020 07:34:48 CST
USMEF's Erin Borror says Just Implemented US-Japanese Trade Deal Puts US Cattle Producers Back in the Game in Japan Mon, 06 Jan 2020 10:20:59 CST
McDonalds Proud to be a Part of Continuous Improvement in Sustainability in the Beef Value Chain Fri, 03 Jan 2020 12:28:31 CST
It's a Great Resolution for 2020- Resolve to Tell Your Beef Cattle Story to Consumers Via Social Media Thu, 02 Jan 2020 16:36:26 CST