Articles tagged under: Derrell Peel
Better Days Ahead
Published May 3, 2023
According to the USDA, 2023 global beef production is projected to increase while U.S. production is forecast to decline. Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel is optimistic about prices. "We're moving into tighter supplies and I don't…A Sluggish Slaughter Pace
Published April 4, 2023
Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel is watching beef numbers decline. "The last four weeks, beef production has been down over six percent due to cattle slaughter being sluggish across the board." Peel says the cull cow…Cattle Liquidation Rates Rise Once Again
Published April 7, 2022
Oklahoma State University Derrell Peel says feed prices have brought up the issue of high liquidation rates once again. "Cattle prices are significantly higher now than they were this time last year. Revenue side looks good, but cost is going…Uncertain Market Surrounding Grains and Livestock Feed
Published March 23, 2022
Feeder cattle auction prices recovered some last week as Live and Feeder futures increased from the lows following the outbreak of war in Ukraine. Oklahoma State University Livestock Marketing Specialist Derrell Peel says the market is just uncertain. "We just…