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

  • Peel Analyzes the Break Down in the Cattle Market  Thu, 29 Jan 2015 12:32:49 CST
  • OKC West-El Reno Livestock Auction - Close  Thu, 29 Jan 2015 11:58:44 CST
  • Remembering Angus Breeder Henry Gardiner, Visitation and Funeral Services Friday and Saturday  Thu, 29 Jan 2015 11:36:13 CST
  • Thursday Preopening Market Update with Tom Leffler  Thu, 29 Jan 2015 07:40:50 CST
  • Sirloin Club Names The State of Oklahoma as the OYE Show Honoree for 2015 Expo  Thu, 29 Jan 2015 06:45:54 CST
  • Randy Boman Looks Back at 2014 Cotton Crop  Wed, 28 Jan 2015 18:06:48 CST
  • AFBF Responds to Court Ruling in Favor of EPA Releasing Producer Information   Wed, 28 Jan 2015 16:49:36 CST
  • 2015 TSCRA Convention Scheduled for March 27-29 in Fort Worth  Wed, 28 Jan 2015 16:41:00 CST

  • More Headlines...

          

    Ron salutes our daily email sponsors!

    Wireless Pioneer Oklahoma City Farm Show Croplan Genetics P&K Equipment American Farmers & Ranchers KIS FUTURES, INC. Stillwater Milling Oklahoma Cattlemen's Association Oklahoma Farm Bureau Big Iron

       
       
    © 2008-2015 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI