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


October Ice Storm Dramatically Impacted Cattle Markets Says OSU's Derrell Peel

Thu, 19 Nov 2020 08:23:40 CST

October Ice Storm Dramatically Impacted Cattle Markets Says OSU's Derrell Peel Just as it appeared the cattle markets were operating in a more seasonal fall pattern, Mother Nature threw a wicked curve ball in the form of that late October ice storm in the southern High Plains. Dr. Derrell Peel, OSU Extension livestock market economist said the storm was a game changer.

Cattle markets were drifting lower in October and then the ice storm changed everything, Peel said.

The storm closed auction markets but brought timely moisture for the wheat crop.

Since then weíve seen a sharp rebound in the markets the past couple of weeks, he said.

Itís great for cow/calf producers selling calves, Peel said, as he expects auction volumes to continue being strong through November into December.

The Oklahoma National Stockyards is a good example as they had large volumes with higher prices this week especially for lighter weight calves.

Stocker calves are being bought by producers anxious to take advantage of the wheat pasture and Peel said producers have had to continually change their budgets which have been all over the place.

If you look at the futures markets for next spring, they have also been volatile, Peel said.

Meanwhile, beef demand going into the last part of the year is raising some concerns, he said.

Wintertime we tend to focus more on food service and itís now a mixed bag, he said.

Ribeyes are very popular for the holidays and so far, they are holding their own, noted Peel.

However, tenderloins, exclusively a restaurant item, are running about 25 percent below a year ago, Peel said.

With additional Covid-19 concerns and further restaurant restrictions, Peel said we have some beef demand challenges moving forward.

Click on the LISTEN BAR below to hear more comments from Dr. Peel.

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 Dr. Derrell Peel
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • New Company Touts Affordable And Efficient Livestock RFID Ear Tagging System  Thu, 22 Apr 2021 08:06:58 CDT
  • New Livestock Electronic Tracking System Simplifies Record Keeping  Wed, 21 Apr 2021 08:24:01 CDT
  • Oklahoma National Stockyards Continues to Play a Significant Role For The Cattle Industry  Tue, 20 Apr 2021 08:12:05 CDT
  • Oklahoma National Stockyards Having a Good Year Says President Kelli Payne  Mon, 19 Apr 2021 08:08:20 CDT
  • Momma Cows Could Still be Showing Effects of February's Brutal Cold Says OSU's Mark Johnson  Fri, 16 Apr 2021 08:03:44 CDT
  • February's Brutal Cold Could Impact Breeding Bulls This Spring Says OSU's Mark Johnson  Thu, 15 Apr 2021 08:06:56 CDT
  • U.S. Meat Export Federation CEO Expects Good Year For Exports  Wed, 14 Apr 2021 08:22:00 CDT
  • U.S. Meat Exports Down in Latest Report But Dan Halstrom, U.S. Meat Export Federation, Says That Was Expected  Tue, 13 Apr 2021 07:43:40 CDT
  • Rancher Lamar Steiger Says Wal Mart Focused on Providing High Quality Fresh Beef  Mon, 12 Apr 2021 08:15:13 CDT
  • Wal Mart Heads The List of Grocery Stores Focusing on Providing Quality Beef For Consumers  Fri, 09 Apr 2021 08:34:04 CDT
  • Arkansas Beef Producer Explains How Wal Mart Improved Its Meat Counter Reputation  Thu, 08 Apr 2021 08:18:03 CDT
  • Producers Should Have a Plan Ready if Drought Becomes Reality This Summer, Says OSU's Derrell Peel  Wed, 07 Apr 2021 08:14:52 CDT
  • Strong Demand Fueling Higher Beef Cattle Prices Says OSU's Derrell Peel  Tue, 06 Apr 2021 08:01:26 CDT
  • Flies Are a Huge Economic Threat For Pasture Cattle Says Mark Upton, Central Life Sciences  Mon, 05 Apr 2021 07:58:15 CDT
  • Beef Cattle Producers to Receive CFAP Funds Soon, Says NCBA's Ethan Lane  Fri, 02 Apr 2021 08:09:12 CDT
  • NCBA's Voluntary Price Discovery Policy Approaches First Milestone Says Ethan Lane in The D.C. Office  Thu, 01 Apr 2021 07:58:15 CDT
  • Senate Legislation Establishing Percentage of Cash Versus Negotiated Cattle Trade Examined by NCBA's Ethan Lane  Wed, 31 Mar 2021 08:20:52 CDT
  • Cloud of Uncertainty Hangs Over Meat Demand Going Into Spring Months  Tue, 30 Mar 2021 10:56:10 CDT
  • KSU's Dr. Glynn Tonsor Develops Tool to Determine Value of Calf Vaccination Programs  Mon, 29 Mar 2021 07:50:16 CDT
  • KSU's Dr. Glynn Tonsor Uses Meat Demand Index to Measure Improving Economy  Fri, 26 Mar 2021 08:03:06 CDT
  • Cattle Producers to Finally Receive Payments From First Round of CFAP  Thu, 25 Mar 2021 08:04:47 CDT
  • Research Shows Grazing Cattle Provide Many Benefits For Both Humans And The Environment  Wed, 24 Mar 2021 08:22:03 CDT
  • Next Six Weeks Critical For Cattle Market Says OSU's Dr. Peel  Tue, 23 Mar 2021 07:58:45 CDT
  • No Surprises in The February Cattle on Feed Report Says OSU's Derrell Peel  Mon, 22 Mar 2021 08:02:35 CDT
  • Jack Ward, American Hereford Association, Praises Cattlemen's Congress And Will Make Decision on Returning in 2022 by Early April  Fri, 19 Mar 2021 08:29:02 CDT
  • New Dietary Guidelines Say It's Okay to Give Beef to Infants And Toddlers  Thu, 18 Mar 2021 07:53:36 CDT
  • Consumer Demand For High Quality Beef Increased During The Pandemic Says Dr. Nevil Speer  Wed, 17 Mar 2021 15:30:22 CDT
  • Livestock Shows Displaying Real World Examples of What we Need on The Farm, Says OYE Judge Frank Ward  Tue, 16 Mar 2021 08:17:27 CDT
  • Horn Flies Are a Huge Economic Threat For Pasture Cattle But Can be Easily Controlled   Mon, 15 Mar 2021 08:30:01 CDT
  • Current Congress Unlikely to Repeal Death Tax Says NCBA's Danielle Beck  Fri, 12 Mar 2021 08:26:32 CST
  • KSU Research Shows Consumers Overwhelmingly Prefer Beef Burgers Over Plant-Based Alternatives  Thu, 11 Mar 2021 08:15:22 CST
  • It's Important to Accurately Compare Genomic EPDs For Older and Younger Cattle, Says Kelli Retallick, Angus Genetics, Inc.  Wed, 10 Mar 2021 08:32:10 CST
  • OSU's Derrell Peel Expects Higher Feed Costs to Impact How Feedlots Buy Feeder Cattle  Tue, 09 Mar 2021 08:03:34 CST
  • Good Record Keeping Critical For Profitability, Regardless The Size of Beef Cow Herd  Mon, 08 Mar 2021 07:48:36 CST
  • Consumers Want More High Quality Beef, Says CattleFax CEO Randy Blach  Fri, 05 Mar 2021 08:01:32 CST

  •  

    Beef Buzz Archives

    Old Archives  |   2010  |   2011  |   2012  |   2013  |   2014  |   2015  |   2016  |   2017  |   2018  |   2019  |   2020  |   Jan 21  |   Feb 21  |   Mar 21  |   Apr 21  |   May 21  |   Jun 21  |   Jul 21  |   Aug 21  |   Sep 21  |   Oct 21  |   Nov 21  |   Dec 21
        

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.