Cattle market economist Derrell Peel looks into what lies ahead in 2018 markets

The latter days of 2016 set up cattle producers for a decently profitable, yet somewhat surprising, year in 2017. Most notably, the industry saw more and more cattle pulled ahead and placed on show lists a bit quicker than normal. Additionally, carcass weights came down some and as a result, overall tonnage of beef supplies was not as big as the increasing numbers might have suggested. This allowed most all segments of the beef business to make some money. As we wrap up this year, Radio Oklahoma Ag Network Farm Director Ron Hays reached out to market watcher Derrell Peel for his perspective on what the future may hold for the cattle market as we head into 2018 on the latest edition of Beef Buzz. Read More…