Derrell Peel

The first day of summer is Tuesday, which means many of us will start thinking about firing up the grill more often.  And typically this time of year, we see ground beef demand surge, but that jump didn’t come this year.  Dr. Derrell Peel, ...

According to livestock market economist Dr. Derrell Pee, feedlots are only a few weeks away from being current on fed cattle supplies. “In the near term, yes, I think we moved a lot of cattle. The marketing's in the last two Cattle on Feed reports have been very impressive. We r ...

With the prospects of drought conditions, livestock market economists are encouraging cattle producers to have a plan in place now if there is a reduction in forage supplies. Dr. Derrell Peel, Oklahoma State University Extension Livestock Market Economist, says drought conditions have continued to get worse cutting into the forage growing season ...

Strong demand is fueling higher beef cattle prices this spring, that according to livestock market economist Dr. Derrell Peel. Peel said demand for all the meats is strong right now, especially for beef. “If you look across all the meats, beef, pork and poultry prices are all at the wholesale level running very strong. So, ...

After a very difficult 2020, what’s the expectation for the protein sector as we look ahead to 2021? Oklahoma State University Ag Economist Dr. Derrell Peel says as he looks ahead, COVID-19 remains the big issue. Derrell Peel “As much as we’d like it to be a past issue, it’s not yet a past issue. So, we’re still dealin ...