KC Sheperd, Farm Director, is back talking with Bob Rodenberger, a partner with Stockmans Livestock Marketing, as he gives the latest on the cattle markets.
“We started out the week pretty much in a steady market on the feeder cattle, and the light cattle had excellent demand, and it looked good,” Rodenberger said. “By the end of the day on Monday and through the end of the day yesterday, it looks like doomsday has hit it.”
The calf market hasn’t shown any weakness, Rodenberger said, as there is tremendous demand for calves weighing anywhere from 300 to 500 pounds.
The runs were pretty big this week, Rodenberger said, but still much lighter than a year ago.
“The numbers are still a lot better than I thought they would be for everybody around the country,” Rodenberger said.
Rodenberger expects to see decent runs through the end of the year.
“We have had a hard freeze, and when that happens, calves start coming to down,” Rodenberger said.
