Beef Buzz News
Kelli Payne Talks Cattle Prices After Yesterday's Steep Rise
Tue, 09 Nov 2021 11:03:08 CST
The cattle market was red hot on Monday. Yearling cattle and calves made a steep jump in price, bringing some of the best prices of the year to producers selling at the Oklahoma National Stockyards. Kelli Payne, president of the Stockyards, told Radio Oklahoma Ag Network Director Ron Hays that it was nice to see some smiling facing walking out of the sale barn.
Listen to Ron's conversation with Kelli here.
“It is absolutely incredible,” Payne said. “We knew the fall run was coming and it certainly came on with a vengeance. Calves are $5 to $10 higher, yearlings $5 to $7 higher - (that is) $20 higher than where we were a year ago.”
According to Payne, the quality of cattle backed up the price, allowing the steep jump in price.
“There is a lot of good quality out there,” Payne said. “(There are) quite a bit of weaned cattle; they have been handled appropriately, so you are seeing that taking those additional steps are going to put more money in your pocket.”
Payne said it is more common today, compared to just 10 or 15 years ago, to see fewer commodity cattle, with a shift towards weaned and vaccinated pre conditioned calves.
“It is nice to see that that message has been clear,” Payne said. “We always have to look at what the consumer is demanding, but it is important as producers that we are handling these cattle in a humane way, that we are setting them up for that next step in the chain so that they can be healthy and productive.”
A good piece of advice Payne gave was that buyers will always remember buying a great set of cattle, but they also remember very bad sets. That is why taking extra steps to set cattle up for success after they have left an operation is important for both parties.
In all, Payne said although 2021 has had many challenges for the cattle industry, the Oklahoma National Stockyards have sold an average of 1,000 head of cattle more each week than in 2020. As of last week’s figures, the Stockyards have sold 13,000 more cattle than a year ago, she added.
Click on the LISTEN BAR below to hear more from Ron Hays and Kelli Payne as they talk about the change in cattle prices as of Monday. See the Oklahoma National Stockyard’s Monday feeder cattle report from the USDA, here.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today’s show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
right-click to download mp3
WebReadyTM Powered by WireReady® NSI
Merck Rolling Out Innovative Products for Beef Cattle Producers Fri, 03 Dec 2021 10:58:19 CST
Greg Hanes Talks Fiscal Year 2022 for the Cattlemen's Beef Board Thu, 02 Dec 2021 11:27:54 CST
How the CBB Turned a COVID-19 Year into an Opportunity for U.S. Beef Wed, 01 Dec 2021 10:40:05 CST
National Livestock Announces a New Brand is Joining Its Family: 1931 Legacy Ranch Tue, 30 Nov 2021 10:37:06 CST
National Livestock's Robert York Excited Cattle Markets are Doing Better Mon, 29 Nov 2021 12:45:25 CST
Cattle Producers Have Higher Cattle Prices to be Thankful for Thu, 25 Nov 2021 12:02:12 CST
Don Close Expects Smaller US Beef Cow Herd in 2022 Wed, 24 Nov 2021 08:06:48 CST
USMEF's Dan Halstrom Says Weakened Global Supply Chain is Stifling Meat Exports Tue, 23 Nov 2021 15:44:03 CST
2022 Cattle Market Forecasts Point to Higher Prices and Higher Break-Evens Mon, 22 Nov 2021 10:36:03 CST
Third-quarter Packer Participation Data Coming Out of 75% Plan Disappointing Fri, 19 Nov 2021 10:59:38 CST
NCBA's Ethan Lane on The Cattle Price Discovery and Transparency Act Thu, 18 Nov 2021 10:02:32 CST
In America's Heartland, You Cannot Beat Nebraska Cattle Prices Says Derrell Peel Wed, 17 Nov 2021 09:46:45 CST
Fed-Cattle Markets are Current for the First Time in About Two Years Tue, 16 Nov 2021 10:47:18 CST
Upcoming Cattlemen's Congress 2022 is Ready for You Mon, 15 Nov 2021 09:58:12 CST
Entries Are Open for the 2022 Cattlemen's Congress Coming to Oklahoma City January 1-16 Fri, 12 Nov 2021 07:27:15 CST
Oklahoma Stocker Operator Jim Hollenbeck Says Performance Beef Helping Him Succeed Thu, 11 Nov 2021 08:06:53 CST
Hollenbeck Cattle Co. Utilizes Performance Beef to Simplify Their Backgrounding Operation Record Keeping Wed, 10 Nov 2021 07:32:19 CST
Kelli Payne Talks Cattle Prices After Yesterday's Steep Rise Tue, 09 Nov 2021 11:03:13 CST
Rick Machen Believes Comprehensive Data Helps Cattle Producers Succeed Mon, 08 Nov 2021 08:15:44 CST
NCBA's Colin Woodall and Scott Yager on Cattle Industry's Sustainability Goals Fri, 05 Nov 2021 09:53:01 CDT
Tom Fanning Contrasts Cash Trade vs. Negotiated Grid Pricing Thu, 04 Nov 2021 10:11:14 CDT
Glynn Tonsor Talks October Meat Demand Monitor Numbers Wed, 03 Nov 2021 13:26:26 CDT
Don Close Worries About Mandated Cash Cattle Trade Tue, 02 Nov 2021 10:56:21 CDT
Rabo AgriFinance's Don Close on Labor Shortages in Packing Industry Mon, 01 Nov 2021 11:29:09 CDT
Beef Packers Struggle to Find Labor Force Fri, 29 Oct 2021 10:26:16 CDT
NCBA's Jerry Bohn Says There is No Doubt 75% Plan has Increased Negotiated Trade Thu, 28 Oct 2021 18:12:55 CDT
Randy Blach Convinced Free Market Will Serve Cattle Producers Best Wed, 27 Oct 2021 10:40:31 CDT
CattleFax CEO Randy Blach Says Inflated Prices are Here to Stay Tue, 26 Oct 2021 10:22:48 CDT
Derrell Peel Says Latest Cattle on Feed Report is Slightly Friendly for the Cattle Industry Mon, 25 Oct 2021 10:03:24 CDT
Labor Shortages are the Root Cause of Stagnant Cattle Prices Says Justin Benavidez Fri, 22 Oct 2021 13:14:11 CDT
Texas AgriLife Economist Justin Benavidez Says 75% Measuring Improvement in Negotiated Trade Thu, 21 Oct 2021 10:50:53 CDT
Beef Prices Likely Will Not Rise Anymore as Consumers Deal with Inflation Wed, 20 Oct 2021 20:06:13 CDT
OSU's Derrell Peel Says Winter Wheat Pasture is Especially Valuable This Year Tue, 19 Oct 2021 10:55:09 CDT
Curbing Methane Outputs Could Be a Win for Producers and Consumers Mon, 18 Oct 2021 21:30:23 CDT
NCBA’s Kent Bacus Hopeful Biden Administration Will Pursue Deals Beneficial to US Beef Producers Fri, 15 Oct 2021 10:08:11 EDT