The beef sector received some anticipated data on Friday with the release of the Cattle On Feed report and the recently reinstated biannual inventory report, which both show some downward trends for the market.
Dr. Derrell Peel with the Oklahoma State University joined RFD-TV’s Suzanne Alexander to talk about the data highlights, what is contributing to the numbers, and the impact of New World Screwworm.
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SC Ranch spans more than 7,700 acres and markets all of its beef within the state.
Higher placements lifted feedlot inventories, but slower marketings point to continued tightness in finished cattle movement.
England Cattle Co. in Mercedes, Texas, is coming off a highly successful production sale.