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


Agricultural News

Allendale Shares Their Estimates for the Coming Cattle on Feed and Cold Storage Reports from USDA

Thu, 20 Apr 2017 14:50:57 CDT

Allendale Shares Their Estimates for the Coming Cattle on Feed and Cold Storage Reports from USDA The following are estimates by Allendale for the coming Cattle on Feed and Cold Storage reports:

March Placements are expected to be 8.8% larger than last year at 2.058 million head. This would be the largest March placement since the current data series began in 1996. Cattle feeders are responding to stronger than expected pricing on March finished cattle. Cash cattle prices ran $6 over February levels. March placements supply the September through December slaughter period.

Allendale anticipates a Marketing total 10.0% larger than March 2016 at 1.922 million. This was the largest February marketing in six years. There was no calendar adjustment this month.
Total Cattle on Feed as of April 1 is unchanged versus last year at 10.851 million. The March 1 total was unchanged versus one year ago.

Allendale projects a 541 million lb. total pork stock level for the end of March. The five-year average is 624 million lbs. Our estimate represents a decrease of 31 million lb. from the previous month. The five-year average month to month change for March is a 31 million lb. decrease. Our estimate represents the smallest end of March stocks in seven years. As noted in last month's press releaser, Cold Storage stocks are not quite the measurement of supply that it appears to be. Pork supply is not at all at seven year lows. Beef stocks, at 478 million lbs., are over the five-year average of 477. This represents a decrease of 24million lbs. from the previous month. The five-year average shows a 3 million lb. increase for this month.

Source - Allendale



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • House Ag Committee Chairman Mike Conaway Defends His SNAP Reforms and Talks Farm Bill With Ron Hays  Sat, 24 Mar 2018 12:22:32
  • Friday Market Wrap-Up with Justin Lewis  Fri, 23 Mar 2018 15:17:50 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, March 23, 2018  Fri, 23 Mar 2018 14:54:32 CDT
  • National Assocation of Conservation Districts Applaud Conservation Provisions in Omnibus Package  Fri, 23 Mar 2018 14:37:04 CDT
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 23 Mar 2018 14:25:43 CDT
  • Checkoff Scientists Successfully Collaborate with McDonald's to Create New Dairy-Focused Offerings  Fri, 23 Mar 2018 13:51:35 CDT
  • USMEF Warns of Potential Impact to American Ag Industry if China Pursues Retaliation on US Pork  Fri, 23 Mar 2018 13:38:32 CDT
  • Pork Industry Alarmed over Harm to Rural Economy Posed by China's Retaliation on US Pork Exports  Fri, 23 Mar 2018 13:33:13 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

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

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.