1 / 114

2014 Cattle Market Situation and Outlook

2014 Cattle Market Situation and Outlook. Derrell S. Peel Breedlove Professor of Agribusiness and Extension Livestock Marketing Specialist Oklahoma State University. Current Situation. Thursday February 6, 2014. $/cwt. Boxed Beef Choice $213.51 Select $212.31

rainer
Download Presentation

2014 Cattle Market Situation and Outlook

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2014 Cattle Market Situation and Outlook Derrell S. Peel Breedlove Professor of Agribusiness and Extension Livestock Marketing Specialist Oklahoma State University

  2. Current Situation

  3. Thursday February 6, 2014 $/cwt. • Boxed Beef • Choice $213.51 • Select $212.31 • Fed Cattle (5-Mkt) $140.80 • 7/800 Steers (Okla Ave.) $165.55 • 4/500 Steers (Okla Ave.) $211.50

  4. Livestock Marketing Information Center Data Source: USDA-AMS

  5. Livestock Marketing Information Center Data Source: USDA-AMS & USDA-NASS, Compiled & Analysis by LMIC

  6. Livestock Marketing Information Center Data Source: USDA-AMS

  7. Livestock Marketing Information Center Data Source: USDA-AMS, Compiled & Analysis by LMIC

  8. Livestock Marketing Information Center Data Source: USDA-AMS, Compiled & Analysis by LMIC

  9. Livestock Marketing Information Center Data Source: USDA-AMS, Compiled & Analysis by LMIC

  10. Livestock Marketing Information Center Data Source: USDA-AMS

  11. Livestock Marketing Information Center Data Source: USDA-AMS

  12. Boner Cow PriceAnnual, Oklahoma City 2014 -2016 forecast, Analysis by Derrell Peel

  13. Replacement HeifersFebruary, 2014

  14. Cattle inventories

  15. U.S. Cattle Inventory

  16. Livestock Marketing Information Center Data Source: USDA-NASS

  17. Oklahoma Cattle Inventory

  18. Oklahoma and U.S. Cattle Cycles: Beef Cow Inventory, January 1

  19. Data Source: USDA-NASS, Calculations by Derrell Peel

  20. Data Source: USDA-NASS, Calculations by Derrell Peel

  21. Livestock Marketing Information Center Data Source: USDA-NASS

  22. Share of Cattle on FeedTexas and Oklahoma, 12 Month Moving Ave.

  23. Share of Cattle on FeedIowa and Nebraska, 12 Month Moving Ave.

  24. January 1, 20141000 HeadAll Cattle and Calves Cattle on Feed • 1 TX 10,900 • 2 NE 6,150 • 3 KS 5,800 • 4 CA 5,250 • 5 OK 4,300 • 6 MO 3,800 • 8 IA 3,700 • 9 SD 3,650 • 10WI 3,350 • 1/ 2 TX/NE 2,450 • 3 KS 2,150 • 4 IA 1,230 • 5 CO 990 • 6 CA 510 • 7 SD 310 • 8 MN 300 • 9 AZ 274 • 10 OK 265

  25. January 1, 20141000 Head Beef Cows Beef Heifers • 1 TX 3,910 • 2 MO 1,820 • 3 OK 1,805 • 4 NE 1,797 • 5 SD 1,635 • 6 MT 1,476 • 7 KS 1,414 • 8 KY 1,012 • 9 ND 943 • 10 IA 855 • 1 TX 640 • 2 MT 430 • 3 NE 387 • 4 SD 330 • 5 OK 325 • 6 MO 305 • 7 MO 270 • 8 KS 240 • 9 WY 175 • 10 ND 170

  26. 1 TX 2,960 2 OK 1,715 3 KS 1,690 4 CA 1,430 5 MO 1,380 6 NE 1,345 7 SD 1,135 8 IA 1,050 9 WI 820 10 MN 775 0.769 1.027 1.320 0.711 0.798 0.801 0.672 1.029 0.603 0.994 January 1, 2014Feeder Supply Stocker Ratio Stocker Ratio = Feeder Supply / Calf Crop U.S. Avg = 0.729

  27. Regional Share of Feeder SuppliesOutside of Feedlots, January 1

  28. Southern Plains Feeder Share,January 1

  29. Oklahoma Stocker Ratio, January 1

  30. CHANGE IN BEEF COWS NUMBERSJANUARY 1, 2013 TO JANUARY 2014(1000 Head) U.S. Total: -255 Livestock Marketing Information Center Data Source: USDA-NASS

  31. CHANGE IN BEEF COWS NUMBERSJANUARY 1, 2012 TO JANUARY 2013(1000 Head) U.S. Total: -862 Livestock Marketing Information Center Data Source: USDA-NASS

  32. CHANGE IN BEEF COWS NUMBERSJANUARY 1, 2011 TO JANUARY 2012(1000 Head) U.S. Total: -967 Livestock Marketing Information Center Data Source: USDA-NASS

  33. Livestock Marketing Information Center Data Source: USDA-NASS

  34. Livestock Marketing Information Center Data Source: USDA-NASS

  35. Livestock Marketing Information Center Data Source: USDA-NASS

  36. Livestock Marketing Information Center Data Source: USDA-NASS, Compiled & Analysis by LMIC

  37. Replacement Heifers Entering the Herd

  38. Livestock Marketing Information Center Data Source: USDA-NASS and Calculation by Derrell Peel

  39. Livestock Marketing Information Center Data Source: USDA-NASS, Compiled by LMIC and Derrell Peel

  40. Average: Heifer % = 17.1 Culling % = 9.7 Analysis by Derrell Peel Data Source: USDA-NASS

More Related