An Oklahoma stockyard recently sold nearly double the number of cattle it would in a normal week. They say demand has been good overall and believe the market is holding strong across farm country.
“Overall, I think everybody’s really, you know, thinking that it could stay pretty strong here. You know, got 190 on fat cattle there last week, you know which was OK on the lot test and down in the Texas and Kansas area. The rains, I think, will sure help to kind of keep things scattered out and not see a big glut of cattle show up here at one time. Overall we feel feel pretty good about going forward,” said Peyton Hale with Western Livestock Auctions.
Hale says the feeder market has also been friendly there. He believes weather has played a role in recent numbers, and he thinks rain will help keep the numbers steady in the coming weeks.