On Tuesdays, Senior Farm and Ranch Broadcaster, Ron Hays, visits with Ben Hale of Western Livestock Auctions as he talks about the latest in the markets and more. Established in 1995, Western has grown into a multi-generational family-owned and operated business and stands as a symbol of tradition, excellence, and a deep-rooted passion for the cattle industry. Western Livestock Auctions are located in Oklahoma City, Woodward, and Comanche.
The Oklahoma City sale experienced the highest run in some time yesterday, as around 8.600 head were sold. A year ago, 6,500 were sold, and Hale thinks it’s the biggest number he has seen since June this year.
Prices have remained good, and Hale looks forward to rain to see how high the prices could get. “Its really holding together well for as dry as it is and with no grass or water,” he said.
According to Hale, the top end of the five-weight cattle brought more than $3 per pound, and a nice set of seven-weight steers brought more than $2.70 per pound; however, the majority brought $2.50 to $2.60.
He thinks the large runs are due to the increasing drought conditions and the steadily high prices are due to the optimism of a cheaper cost of gain and scarcity of feeders.
He expects good runs in the Woodward and Comanche sales this week, and is still waiting for the first freeze to bring the bulk of the cull cows in.
Hale can be contacted at 940-631-2333. Check out more about the marketing options that Western offers by clicking here.
