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I’m a Drover: Talkin’ with Doc

Music starts and the dark screen transitions to a salt-and-pepper-haired man in a purple button-down shirt sitting in front of a tin-barn studio backdrop. “Hi, folks, it’s Dr. Dan from Doc Talk here today, and I’m sure glad you joined us,” he says with a smile and a slight twinge of a Midwestern drawl. “Today we’re going to be talking about something that is very common in the beef industry. Stay tuned, we’re going to have a great show.”

Markets

Boxed Beef Report: Beef prices sinking

Choice boxed beef dropped again Wednesday to $232.67. The 53-cent decline brought the 27-day average price to $242.20. Select boxed beef prices saw a 30-cent fall, bringing the 27-day average price to $238.58.

Choice primal rib saw the largest fall on Wednesday, dropping $3.41 to hit $321.14. Choice primal short plate was not far behind with a fall of $2.67. Choice primal loin was the only cut to not fall, increasing $3.64 on Wednesday.

Industry

The cost of changing or not changing

Readers of this article likely read popular press articles or attend educational meetings where Dr. Gary Bates, Dr. Justin Rhinehart, Dr. Lew Strickland, or others introduce new ideas and practices that could benefit cattle producers. None of the three specialists specifically named write those articles or conduct those meetings to hear themselves talk. All three educators truly want to see beef cattle producers improve production efficiencies, profitability, and become better stewards of available resources. They know helping improve a person’s operation will help improve the beef cattle herd across the state which is one of their goals.

Markets

Retail gas prices on the decline

Retail gas prices saw an average fall of six cents this week, with the average price in the United States sitting at $2.61. The 27-day average price now sits at $2.46.

The Midwest region saw the largest fall this week of nine cents to hit $2.57, bringing the 27-day average price to $2.43. Most regions saw a five-cent drop, including the New England, Central Atlantic and Gulf Coast regions. Only the Rocky Mountain region saw an increase this week of one cent.

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