Rain Drives Cattle Prices Up
Rainfall has slowly started to return to normal levels here in Oklahoma, but not enough to make much of a difference for cattle farmers. In fact, it’s actually driving cattle prices up, as farmers try to quickly get cows out and grazing.
I talked to Derrell Peel, Extension Livestock Marketing Specialist at Oklahoma State University, to get a handle on the current livestock situation, and what it means for beef prices at the supermarket. Click above to hear the interview. My first question was whether the rainfall is making a difference when it comes to herd sizes.
For a short analysis on cattle prices in Oklahoma, and much more information, click here.