Feeder Cattle Market Outlets

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Feeder Cattle Market Outlets

Lisa Kriese-Anderson

Extension Animal Scientist

Auburn University

Marketing Feeder Cattle

• Options will depend on the number of feeder calves you have to market at a given time

• Options will also depend on the amount of effort you are willing to put into marketing

Local Auction Market

• Local Auction Markets are how the majority of cattle are marketed in Alabama

• 27 stockyards currently operating in AL

• Open almost every week of the year

• Can market 1 calf to 100’s of calves for you at a given time

Local Auction Market

• Auction markets are run by professionals

– Licensed

– Bonded

• Commission to sell cattle at the market, plus Beef Checkoff

– Can be paid that day as soon as your calves sell

Local Auction Market

• Marketing Options

– Weekly regular sale

– Special sales

• Get to know your local auction market owner/manager

• If you want top market value

– Bring to the auction cattle the buyers want

• Large and Medium 1’s and 2’s

• Healthy

• Mainstream breed/breed combinations

• Dehorned and castrated would be good!

Order Buyers

• Order buyers are licensed cattle buyers that can come to your farm and purchase calves

– Will want a group of uniform calves

• Age and/or weight

• There are local order buyers as well as regional or national order buyers

– Orders buyers may/may not collect Beef Checkoff

– If not, you are responsible for sending in Beef

Checkoff money

Tele-auctions or Board Sales

• Organized sales of feeder calves where:

– Calves stay on farm until sold and ready for pickup

– Calves are pre-conditioned – including proper vaccinations and boosters, dehorned and castrated

– Feeder calves or stocker cattle

• Most successful if in truck load lots and at least

1,000 cattle in sale

– Cattle need to weigh 500 lb + at pick up

– Want to attract out of state buyers

Tele-auctions or Board Sales

• Many times producer organized and run

– May or may not have a licensed selling agent involved

• Payment is made when cattle change hands

– Usually bank transfer

• Load lots of cattle can also be sold at any time through your local auction market

– Sometimes sold same day as regular sale

Market to Feedlot

• Cattle can be marketed directly to/through a feedlot

• Feedlot will want to partner with you

– Especially if 1 st time feeding your cattle

– Especially if you have no previous carcass/postweaning data to share

• Cattle will need to be

500 lbs + unless feedyard has a stockering program

Market to Feedlot

• Cattle need to be marketed to the correct feedlot

– In general, AL cattle are have favorable USDA Yield

Grades and either grade Select or Choice+

• High Plains feedyards

– Favorable Yield Grades

– Select Cattle

• Midwest

– High USDA grades

• West

– High Brahman influence

Freezer Beef

• Retain feeder cattle and market as freezer meat

• Market the live animal

– Whole animal

– Half animal

– Quarter animal

• Market Individual pieces

– Require either

• AL State Meat Inspection

• Federal Meat Inspection

Feeder Calf Market Options Summary

• Auction Market

• Order Buyers

• Tele-auctions or Board Sales

• To/Through a Feedlot

• Freezer Beef

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