Blog Post

Derrell Peel: January cattle market challenges

The first few weeks of the New Year are always a challenge for cattle and beef markets. Whether it is January marketings of feeder cattle for tax purposes or post-holiday boxed beef pipeline issues, it always takes a couple of weeks to get a bead on cattle and beef markets in the new year. January 2024 has been particularly challenging with multiple winter storms disrupting feeder and fed cattle markets, as well as boxed beef markets.

With January 1 falling on a Monday, many Oklahoma auctions did not schedule sales the first week of the month. Most scheduled feeder sales occurred as…

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