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, Inc. Releases Estimates for Upcoming USDA Cattle on Feed and Cold Storage Due Friday

Wed, 21 Feb 2018 12:07:28 CST

Allendale, Inc. Releases Estimates for Upcoming USDA Cattle on Feed and Cold Storage Due Friday The following are estimates by Allendale, Inc. for the coming Cattle on Feed and Cold Storage reports due out by USDA this Friday afternoon:

January Placements are expected 0.4% under last year at 1.973 million head. There have been 10 months in a row of higher than last year placements as cow/calf producers end expansion plans. This report may stop that 10 month long streak. Finished cattle from January through March are estimated with a $123 breakeven according to Kansas State University. This increases to $127 and $130 for April and May. From June on out, $120 - $124 breakevens are noted. January placements supply the June through September slaughter period.

Allendale anticipates a Marketing total in December at 5.5% over last year for a total of 1.847 million. This would be the largest January in five years. There was one more weekday January 2018 than January 2017. This artificially increased the actual number.

Total Cattle on Feed as of February 1 is 8.5% over last year at 11.507 million. This is the largest February 1 total in six years.

Allendale projects a 540 million lb. total pork stock level for the end of January. The five-year average is 594 million lbs. Our estimate represents an increase of 49 million lb. from the previous month. The five-year average month to month change for January is a 68 million lb. increase.

Beef stocks, at 492 million lbs., are over the five-year average of 485. This month's estimate represents an increase of 2 million lbs. from the previous month. The five-year average shows a 10 million lb. increase for this month.

Source - Allendale, Inc.



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Steer and Heifer Calves Sell 2.00 to 4.00 Higher Tuesday at OKC West Livestock Auction in El Reno  Tue, 19 Jun 2018 15:10:35 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday, June 19, 2018  Tue, 19 Jun 2018 14:34:50 CDT
  • Tuesday Afternoon Market Wrap-Up with Carson Horn  Tue, 19 Jun 2018 14:06:20 CDT
  • Angus Genetic Evaluation Reaches Historic Milestone with Over 500,000 Genotypes Now on File  Tue, 19 Jun 2018 14:02:51 CDT
  • Noble Research Institute Releases "Chisolm," a New Summer-Dormant Tall Fescue Variety Option  Tue, 19 Jun 2018 13:16:59 CDT
  • Soy Growers Caught in the Middle of Escalating Tariff Feud Between President Trump and China  Tue, 19 Jun 2018 13:09:10 CDT
  • Be Sure to Supplement the Nutrition of Fall-Born Replacement Heifers as They Wean this Summer  Tue, 19 Jun 2018 11:26:41 CDT
  • Meet Arie Wessells - South African Grain Buyer for Pioneer Foods Speaking to Quality of US Wheat  Tue, 19 Jun 2018 11:17:22 CDT

  • 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

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

    WebReady powered by WireReady® Inc.