![]() Location is another asset of the stockyards. May, National Livestock, Stockman Oklahoma and Western Livestock. “They do the sorting and then present the animals for auction in the ring.” The other seven commissions operating in Stockyards City are Central Halliburton, Custer & Custer, J & J, W. The eight commission firms handle the cattle, Fisher says. After he accepted the ONSY president post, Fisher sold his company to his son. He’s been working there since age 9 and achieved his goal in 1972 of buying his own commission company, Farmers, with his father as his partner. That number translates to an estimated $15 million worth of cattle loaded into 200 semitrucks to be delivered to locations in 41 states.įisher knows a thing or two about the stockyards. An average week at Oklahoma City would be 6,000 head bought and sold, but many weeks see the total top 12,000. The yard is capable of holding about 24,000 head at one time. By early Wednesday, the semis have loaded and left, and the yard goes quiet for a moment before the new cattle begin to arrive. Then on Monday mornings, the auctions begin. Each Friday, the cattle begin to arrive from Texas, Tennessee, Arkansas, Louisiana and elsewhere. Sitting on approximately 110 acres, ONSY moves an estimated 500,000 head through its gates annually. “We get more cattle than any other auction in the nation and more buyers,” says Rob Fisher, president of ONSY. While history runs deep in Stockyards City, it’s not sentiment that keeps the last of the great stockyards open. Founded 80 years ago, ONSY still thrives today. And then there was one: Oklahoma National Stock Yards (ONSY). 13, 2018, OSU Cow/Calf Corner newsletter.There was a time when major stockyards were economic staples in some of the country’s burgeoning cities, including Chicago, Louisville, Kansas City and Sioux City. Peel is an Oklahoma State University Extension livestock marketing specialist. If feeder cattle prices maintain a similar price relationship into the fall and forage conditions are good, fall feeder markets may follow seasonal price patterns rather closely.ĭerrell S. A value of gain at this level indicates relatively less feedlot demand for lightweight feeders and is an economic signal for increased stocker production. Value of gain for added feeder cattle weight is largely a reflection of feedlot demand for feeder cattle of various weights. This results in a value of gain of $1.19 per pound on 309 pounds of gain, calculated as. For example, combined Oklahoma feeder auction prices in the first week of August for 465-pound steers (Medium/Large Number 1) were $171.59 per cwt and the price of 774-pound steers was at $150.65 per cwt. Current markets may suggest opportunities for stockers or backgrounding this fall. Cooler-than-average temperatures is resulting in cooler soil temperatures, which may support early wheat planting after Labor Day.įorage conditions will determine the ability of stocker producers to demand stocker cattle, but it is economic conditions that will determine the willingness of producers to purchase stockers for winter grazing. In general, moisture conditions are quite variable across most of the wheat belt in Oklahoma. However, an unseasonal cool, wet weather pattern is in place in Oklahoma with more rain expected in coming days. The current Drought Monitor shows widespread moderate to extreme drought conditions in western Oklahoma. In the Southern Plains, stocker cattle demand for winter wheat grazing plays a big role in seasonal demand to offset large seasonal supplies of calves in the fall. Stocker demand will be the key to calf prices, and that will largely be determined by forage conditions. However, feeder cattle demand will be the key. Will feeder markets follow seasonal patterns this fall? With the ample supplies described above, there is plenty of supply pressure to expect seasonal price declines or more this fall. On average, feeder cattle prices decline 4 to 5 percent from August to lows in the fourth quarter. Calf and stockers up to 600 pounds (which peak in March) typically have a seasonal low price in October, while heavier feeder cattle decline from an August peak through the end of the year. Prices for feeder cattle typically decline seasonally for all weight classes after August. ![]() All indications are that fall feeder markets will feature a calf run larger than last year and abundant feeder supplies. Estimated feeder supplies on July 1 were 0.5 percent higher than one year ago. ![]() The July Cattle report estimated the 2018 calf crop nearly 2 percent higher than 2017. National data for feeder and stocker cattle sales in the month of July were 7 percent over last year. Cool, wet August improves fall grazing prospects ![]()
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