KC Sheperd, Farm Director, is back talking with Bob Rodenberger, a partner with Stockman Oklahoma Livestock Marketing, as he gives the latest on the cattle markets.
Compared to a year ago, Rodenberger said he is still seeing some pretty big runs.
“Cow runs have come down, but still bigger than a year ago,” Rodenberger said. “Still seeing a lot of open, just normal killing cows.”
The feeder cattle market softened up this week, but Rodenberger said it is most likely because of weather up north slowing the demand.
“We have still got a market that is considerably higher than a year ago, but it would be from five to eight dollars cheaper than it was the week before,” Rodenberger said. “In general, we still got a very positive livestock market.”
Compared to other auctions in the U.S., Rodenberger said the market in the Southern Plains is just as good as those further north.
“I have seen this thing change in the last five years than I have seen in the whole forty years I have been on the stockyards or in the livestock business, and it is all premium based,” Rodenberger said.
Cattle are coming off wheat earlier, Rodenberger said, and for those, the gains have still been pretty decent.
“Somewhere between this Monday and the first Monday in May, we are going to wake up with way less cattle,” Rodenberger said.
For any Questions for Bob Rodenberger at Stockman’s, see their contact info below: