Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


Record Choice-Select Spread Emphasizes Opportunity For Quality Beef Production

Wed, 14 Mar 2012 15:48:01 CDT

Record Choice-Select Spread Emphasizes Opportunity For Quality Beef Production
When one of the leading indicators of demand for quality in beef products doubles in a year’s time, that’s a pretty good indication the market is changing and signaling an opportunity. From the last half of 2010 to the last half of 2011, the difference between choice-grading beef and select, the choice-select spread, jumped from an average of $6.44 to more than $12.

Tom Brink of J&F Oklahoma Holdings says more retailers are increasing the quality of their beef offerings. The increased demand for quality cuts and the fact that fed cattle supplies are tight has driven the choice-select spread higher.

He says he expects the spread to remain in record territory in large measure due to export demand.

“Foreign demand emphasizes higher grading product. As exports grow they tend to grow more for the choice and higher grading product. So we’re going to see a wider choice-select spread going forward.”

An enduring wider spread challenges producers to buy a little bit better grading cattle, if possible, Brink says. Sourcing cattle with better genetics is somewhat easier to do as there are larger numbers of Angus-based cattle available.

In the end, he says, proper management in the feedlot can make a difference as well. Producers can feed longer trying to increase choice percentages.

Improvement is the key, Brink says, and with the wide choice-select spread settling in, cow-calf producers who are should have ample opportunity to build on their improvements.


   




 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Kim Anderson Says Eyes of the Wheat World on the Upcoming US Crop and Focused on Quality  Thu, 14 Dec 2017 16:20:58 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 pm Thursday, December 14, 2017  Thu, 14 Dec 2017 15:25:20 CST
  • Thursday Market Wrap-Up with Justin Lewis  Thu, 14 Dec 2017 14:12:27 CST
  • Thursday Afternoon Market Wrap-Up with Carson Horn  Thu, 14 Dec 2017 14:02:35 CST
  • Organization for Competitive Markets Challenge USDA's Rollback of GIPSA Rules Calling it Unlawful  Thu, 14 Dec 2017 11:43:48 CST
  • Cotton Producers Express Appreciation to USTR Lighthizer for Defending Farmers at WTO Meeting  Thu, 14 Dec 2017 11:32:37 CST
  • New Acquisitions Allow National Livestock to Better Serve Customers, Offers More Marketing Options  Thu, 14 Dec 2017 11:19:48 CST
  • Thursday Preopening Market Update with Dave Lanning  Thu, 14 Dec 2017 07:18:17 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® Inc.