Agricultural News
Cattlefax Thinks Market Could Support Three to Four Million More Beef Cows Then We Have in Early 2012
Mon, 06 Feb 2012 20:12:23 CST
While the CEO of Cattlefax was quick to caution me that a number he mentioned during last week's Cattlefax Market Outlook was not a prediction of how many cows we would add to the nation's beef cattle herd over the next few years, the three to four million cows that Blach talked about is the number he says that we need to add to the cow herd in order to take full advantage of the expanding global demand that is out there for US beef. The latest Cattle Inventory report showed two percent beef cows nationally at just slightly over 29 million head.
Because of drought conditions- Texas and Oklahoma lost 13% and 14% of their beef cows respectively.
Blach says it takes two things to get people excited and thinking about herd expansion- green grass and profitability.
Blach is our guest on today's Beef Buzz.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network- but is also 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.
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