Oklahoma's Latest Farm
And Ranch News

Your Update from Ron Hays of RON
Wednesday, October 7, 2020
CattleFax CEO Randy Blach Says Increasing Slaughter Capacity Will Help With Price Discovery Issues
Increasing slaughter capacity may be the best way to maximize the value of premium animals says Randy Blach, CEO of CattleFax, a global leader in beef industry research, analysis and information.

Blach was a featured speaker for this week’s virtual meeting of the Texas Cattle Feeders convention.

I really believe what we are talking about today is as much a capacity issue as it is a price discovery issue, he said.

If we had another 3 or 4,000 head capacity in our marketplace today, we wouldn’t be having this discussion, Blach said.

Balancing price discovery with maximizing value for premium cattle is the goal.

Increasing slaughter capacity would increase competitiveness, Blach said.

From 2000 to 2005 about 50 percent of our production was choice and prime grades. Today that is in the mid to upper 80’s, Blach said.

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Tim West
President/General Manager
Radio Oklahoma Ag Network

2401 Exchange Avenue,
Suite F
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Ron Hays
Director of Farm Programming
Radio Oklahoma Ag Network

405.473.6144