KC Sheperd, Farm Director, is back talking with Bob Rodenberger, a Stockman Oklahoma Livestock Marketing partner, as he gives the latest on the cattle markets.
Bob Rodenberger discussed the current state of the cattle market, noting that it was better than expected, with high demand and steady prices.
He detailed, “We had some fats bring $186, then later in the week, bring $187. The feeder market is $2 to $5 higher. We are still getting twelve to fifteen hundred dollars for a calf off the cow. That is still record highs.”
He highlighted the importance of managing resources carefully, particularly in light of drought conditions and potential water shortages. Bob suggested keeping the cow herd young and manageable, and not weaning them unless there was sufficient water and grass for them to graze on.
He also predicted a potential shortage of feeder cattle in the coming months due to the unavailability of wheat for feeding, suggesting alternative feeding methods like silage-based diets.
