Oct 23 2024 41 mins 1
Hello there!
This episode marks a special milestone for The Beef Podcast Show as we celebrate our 100th episode! Dr. Derrell Peel, an expert in agricultural economics, joins us to discuss key trends and challenges in the beef cattle industry. The conversation covers global trade, herd rebuilding strategies, and market outlooks for 2025. Dr. Peel also shares valuable insights on managing beef imports and exports, as well as ways producers can maximize profit opportunities. Don’t miss this special episode—tune in to celebrate with us and stay ahead in the beef industry, available on all major platforms.
"We have a deficit of lean beef production, and the most economical place to get that is from somewhere else in the world. Both imports and exports add value to the U.S. industry."
Meet the guest: Dr. Derrell Peel is a distinguished professor in the Department of Agricultural Economics at Oklahoma State University, where he has held the Charles Breedlove Professorship of Agribusiness since 1989. With a Ph.D. in Agricultural Economics from the University of Illinois at Urbana-Champaign, Dr. Peel specializes in livestock market outlook and marketing strategies. His work spans over 35 years, focusing on beef cattle economics, meat demand, and global trade.
What you will learn:
- (00:00) Highlight
- (01:53) Introduction
- (08:22) Global trade in beef
- (12:41) Managing cattle markets
- (20:43) Herd rebuilding timing
- (25:53) Profit opportunities
- (32:53) Key advice
- (35:28) Final three questions
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