April 12, 2021

Update on Beef Export Markets

By Derrell S. Peel, Oklahoma State University Extension livestock marketing specialist

Beef exports have evolved significantly in recent years in a very dynamic environment of global politics and trade … Read More

Compared to last week, feeder steers and heifers sold $1 to $4 higher. Trade was active on good demand. Most of the cattle were coming off of wheat pastures. The area remains dry, and in much need of rain. Supply included 89% Feeder Cattle (56% Steers, 42% Heifers, … Read More

After five consecutive years of growth, the amount of beef available per U.S. resident is expected to begin a multiyear decline in 2021. The combination of a declining cattle herd and projected increases in beef exports are setting the stage for tighter beef markets in the medium term. While … Read More

Source: US Meat Export Federation | April 9, 2021

February exports of U.S. beef and pork remained below the rapid pace established in early 2020, according to data released by USDA and compiled by U.S. Meat Export Federation. However, exports were … Read More

Cow-Calf Corner is a weekly newsletter by the Oklahoma Cooperative Extension Agency 

April 5, 2021

Rising Feed Prices Impact Cattle Markets

By Derrell S. Peel, Oklahoma State University Extension livestock marketing specialist… Read More

Compared to last report, feeder steers and heifers sold 3.00 to 6.00 higher. Trade was fairly active on good demand. Supply included: 89% Feeder Cattle (53% Steers, 0% Dairy Steers, 45% Heifers, 1% Bulls); 9% Slaughter Cattle (96% Cows, 4% Bulls); 2% Replacement Cattle (65% Stock Cows, 22% … Read More

Source: AgriLife Today | March 30, 2021

Parts of the state slipped deeper into drought, and farmers who depend on irrigation water may find supplies limited. Parts of the state are in dire need of soil saturating rains and runoff to … Read More

Problems at ports are magnifying a surge in container shipping costs. And those costs are now showing up as farmers and ranchers source farming supplies. The issue is multifaceted, with increased cargo volumes and reduced port workforce contributing to a shortage of shipping containers in California. Read … Read More

Cow-Calf Corner is a weekly newsletter by the Oklahoma Cooperative Extension Agency 

March 29, 2021

Potential Drought Impacts on Cattle MarketsBy Derrell S. Peel, Oklahoma State University Extension livestock marketing specialist

As April … Read More

Average feedyard margins slipped below breakeven for the first time this year, with calculated losses of about $1 per head. Hog producers found average profits of $56 per head as the rally in hog prices continued. Feedyard margins declined $16 per head last week despite cash cattle prices that were slightly … Read More