Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

Grid Marketing Continues to Gain Popularity in Cattle Business

Tue, 01 Jul 2014 15:58:32 CDT

Grid Marketing Continues to Gain Popularity in Cattle Business

Grid marketing and good cattle work hand in hand. Cattle feeder Sam Hands of Triangle H of Garden City, Kansas says they take on more risk because we retain that ownership through the packing plant.

"In our case we have found it be very beneficial and rewarding financially to capitalize on that quality," Hands said. "So, I think as the industry has worked to raise the quality of their cattle that has been there way to accomplish and realize the return."

Even as national quality grades have increased, the value difference between higher grading cattle and their select counterparts has widened.

"The economics of anything works on supply and demand and it continually shows us there is ongoing growing demand for high quality product," Hands said.

A prime carcass has been worth as much as $314 more than a select when marketed on a grid in the past year. Most cattle fed at Triangle H are sold through US Premium Beef, which gives Hands an extra incentive to know the history of those animals.

"We look a lot at the genetics of cattle that come into our feedyard," Hands said. "We don't buy very many cattle out of the sale barns in that we're very blessed in the fact we get to work with clientele of seed stock producers where their focus is on feedlot performance and carcass merit."

In light of that procurement strategy, Hands fully embraces this marketing and recommends it to others.

"There are those who prefer to stay with the cash market and that's their choice, but I think if you have better than average cattle its certainly rewarding on the quality side," Hands said.

This video news is provided by Certified Angus Beef LLC and the American Angus Association. Click Here to learn more about CAB.   



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. September 30, 2022  Fri, 30 Sep 2022 16:43:53 CDT
  • Chairman David Scott Releases Statement Congratulating Vincent Garfield Logan on His Confirmation to Farm Credit Administration Board  Fri, 30 Sep 2022 15:07:33 CDT
  • Op-Ed from Kenneth Corn: USDA- We Serve Rural Communities Too  Fri, 30 Sep 2022 14:57:02 CDT
  • Hard Red Winter Wheat production lowest since 1957  Fri, 30 Sep 2022 14:44:28 CDT
  • Latest Southern Plains Perspective Blog: Hot, dry, dust and smoke all outside the back door.  Fri, 30 Sep 2022 13:47:21 CDT
  • Wheat Production Estimates for Oklahoma Fall Six Percent from August to September   Fri, 30 Sep 2022 12:16:36 CDT
  • Younger Cows are Starting to Come to Town, Says Bob Rodenberger  Fri, 30 Sep 2022 10:46:55 CDT
  • BASF's First Bale of Cotton Helps Raise Money for Scholarship  Fri, 30 Sep 2022 10:12:04 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.


    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.