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Derrell Peel Reviews The Latest Wheat Pasture And Hay Stock Conditions Based On USDA Reports

Jan 17, 2017

By Dr. Derrell Peel,

Oklahoma State University Extension Livestock Marketing Specialist

Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. Today, Dr. Peel reviews the most up-to-date wheat pasture and hay stocks reports from USDA.



"The storm this past weekend brought significant ice and damage to western and northwestern Oklahoma but the ice was generally less severe than expected in central Oklahoma. Most of the state, however, received very beneficial rain totaling one to three inches in many areas. The rain totals included record daily rainfall for several locations on Sunday, January 15, 2017. This moisture will help alleviate rapidly expanding drought conditions across the state. The latest Drought Monitor showed that 88 percent of the state had drought conditions ranging from D1-D4. This compares to just three months ago when 62 percent of the state had no dry conditions. Dry and cold conditions through December and early January slowed or stopped wheat growth and left wheat pastures in increasingly poor condition. Many stocked wheat pastures are very short which has forced producers to increase hay feeding or move cattle to other pastures or to market.

"Amidst a slew of USDA reports last week was December 1 hay stocks, included in the January Crop Production report. Total U.S. hay stocks on December 1 were up 0.9 percent from one year ago; however, state totals differed widely. The report confirms the impact of drought in the southeast with Alabama hay stocks down 34.4 percent year over year, Georgia down 13.6 percent and Mississippi down 5.3 percent from one year ago. December hay stocks were lower as well in Tennessee and Kentucky compared to last year. Texas, which has typically had the largest state hay stocks in the past fifteen years, was up a whopping 25 percent to the largest state level since 2007. Nearby, Oklahoma, with the third largest December hay stocks, was up 4.6 percent year over year along with Arkansas, up 11.4 percent and Kansas (fifth largest state stocks), up 3.9 percent from last year. Farther north, December hay stocks were 9.1 percent lower year over year in South Dakota, with the second largest hay stocks, as were North Dakota, down 7.8 percent; Nebraska, down 9.8 percent; Missouri (fourth largest hay stocks), down 4.5 percent; and Iowa, down 19.2 percent. Hay stocks were larger year over year in Montana, Wyoming and Idaho along with Wisconsin and Minnesota.

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