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Beef Buzz News


NCBA's Colin Woodall Expects Good Improvements For Cattle Industry In Coming Months

Tue, 07 Jul 2020 09:14:06 CDT

NCBA's Colin Woodall Expects Good Improvements For Cattle Industry In Coming Months The first six months of 2020 have been a whirlwind of constantly changing issues and Colin Woodall, CEO of the National Cattlemenís Beef Association, believes the cattle industry is now seeing some daylight after months of uncertainty, and he expects the last half of the year to be better.

The good news is we have returned to about 95 percent of our packing capacity, Woodall said, and that is quicker than anybody thought possible.

This means we are able to keep the meat cases full so we can maintain customer base, Woodall said.

He is optimistic the plants will get to 100 percent, but it might be September before that happens.

Itís going to take a few more months to work through the backlog of cattle waiting to be processed and until we get that done there will be downward pressure on prices, Woodall said.

This is a big discussion issue for the NCBAís cattle marketing working group and will be a major focus at the NCBA summer conference, July 27-30 in Denver, Colo.

We are moving forward with an in-person meeting, Woodall said.

We are going to be social distancing and do everything we can to protect everybody, but we felt given all the issues this year we needed to have that face-to-face discussion, he said.

Woodall said there is going to be a lot of discussion on the cattle working group, EPAís new WOTUS rules and COVID-19 stimulus package funds.

This will be a great opportunity to update everybody, he said.

Another issue sure to be discussed is the new NAFTA or USMCA that became law July 1.

Woodall said the cattle industry has spent almost three years working through the process and is thankful for President Trump keeping his word on renegotiating the trade agreement.

For us there is not a whole lot of new access but rather it gives us the certainty to retain market access with Canada and Mexico, which are two of the top five markets for beef exports.

Click on the LISTEN BAR below to hear more comments from Colin Woodall.

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 todayís show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.


   
   

Ron Hays Beef Buzzes With Colin Woodall
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  • TCFA's Ross Wilson Believes Voluntary Market Driven Approach To Increasing Live Cattle Trade Can Be Achieved By Year End  Mon, 03 Aug 2020 09:05:23 CDT
  • Cattle Producers Happy To Meet In Person During This Week's NCBA Summer Conference Says NCBA's Colin Woodall  Fri, 31 Jul 2020 09:09:20 CDT
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  • United We Steak Beef Promotion Campaign Showing Good Results Says NCBA's Alisa Harrison  Wed, 29 Jul 2020 08:23:24 CDT
  • NCBA President Marty Smith Explains Key Issues Need Face-To-Face Discussion As That Group's Summer Meeting Gets Underway In Denver  Tue, 28 Jul 2020 09:38:24 CDT
  • Cong. Lucas Waiting For All Government Investigations to be Completed Before Saying Anything More About Increasing The Number of Packing Plants  Mon, 27 Jul 2020 09:05:14 CDT
  • Cong. Lucas Says This Week's USDA Report on Boxed Beef And Fed Cattle Price Spread Investigation is The First of Multiple Investigations  Fri, 24 Jul 2020 09:02:20 CDT
  • Uncertainty Surrounds July 24 Cattle on Feed And Cattle Inventory Reports  Fri, 24 Jul 2020 05:22:14 CDT
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  • Legendary Nebraska Angus Breeder Bill Rishel Uses The Past To Predict the Future  Mon, 20 Jul 2020 09:25:20 CDT
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  • NCBA's Colin Woodall Tackles Trio of Issues Including Burger King's Latest Advertising Campaign  Thu, 16 Jul 2020 09:34:23 CDT
  • KSU's Dr. Glynn Tonsor Projects Feedlots To At Least Break Even, Maybe Turn a Small Profit By Early 2021.  Wed, 15 Jul 2020 08:44:30 CDT
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  • NCBA's Colin Woodall Expects Good Improvements For Cattle Industry In Coming Months  Tue, 07 Jul 2020 09:14:31 CDT
  • Cong. Lucas Introduces Legislation To Expand Federal Meat Inspection For Smaller Processing Plants  Mon, 06 Jul 2020 09:23:21 CDT
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  • NCBA's Scott Yager Tells Landowners To Enjoy New Trump WOTUS Rule Which Became Law June 22  Mon, 29 Jun 2020 09:32:21 CDT
  • NCBA's Alisa Harrison Says Beef Industry Has Vast Amount of Resources To Meet Consumers Changing Behaviors  Fri, 26 Jun 2020 09:02:11 CDT
  • Oklahoma Task Force Member John Pfeiffer Says They have Studied The Idea Of Opening New Meat Plants But Logistics Pose Major Challenge  Thu, 25 Jun 2020 15:59:11 CDT
  • Mulhall, Okla. Rancher John Pfeiffer Says Joint Task Force Studying Ways To Expand Meat Processing In Oklahoma  Wed, 24 Jun 2020 10:36:53 CDT
  • There Is Light At The End Of The Profitability Tunnel For Cattle Producers, Says OSU's Derrell Peel  Tue, 23 Jun 2020 10:21:37 CDT

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