Cattle markets continue to decline from September levels, but cattle producers are still taking advantage of much stronger prices. Oklahoma State University Extension Livestock Marketing Specialist
Derrell Peel said producers have indicated to him in numerous meetings this fall that the majority of steers and heifers they are selling is to capitalize on higher prices, but also because of ongoing drought and pasture and hay limitations.
Peel relayed that reported national feeder cattle volumes (auction, direct and video/internet) are up 5.6% year over year since Labor Day, with the majority…