Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


Superior Livestock Auction Hosts Regular Sale on Location in Oklahoma City - Ron Hays on Scene

Fri, 24 Feb 2017 15:47:49 CST

Superior Livestock Auction Hosts Regular Sale on Location in Oklahoma City - Ron Hays on Scene On Wednesday of this week, Superior Livestock Auction hosted its weekly online sale, this time on location in Oklahoma City. Radio Oklahoma Ag Network Farm Director Ron Hays was there to speak with the auction site’s president, Danny Jones.


“Superior had tried sales here in the past and we’ve come back two years ago and then last year and this year and the sale is growing in numbers and popularity,” Jones said. “We’re excited to see what happens today.”


Jones says the response to Superior’s approach to selling cattle has been very successful and believes their model is the most user-friendly system available.


“The approach is to take advantage of the natural advantages this type of marketing has - get the cattle direct from one owner to another in the most efficient way possible,” Jones said. “We certainly believe in the system and it’s a great family of people, buyers and sellers and reps. We enjoy what we do.”


Superior’s relatively new venture, FedCattleExchange.com, has also been well received by the industry as well and is earning for itself a reputation as an integral risk management tool in the marketplace.


“It has been a very positive thing,” he said. “Decreased volatility, increased the transparency in the market and spread the trade out to more than just a few minutes once a week.”


Having the Wednesday auction helps with price discovery, says Jones, allowing traders to get a feel for what needs to happen in the markets.


“We hope that FedCattleExchange.com will be a huge asset for the industry,” Jones said proudly. “We hope that the numbers will grow to the point that it’s a significant piece of the market; that really drives the market and helps not just sell cattle on FedCattleExchange but also helps the entire industry with that price discovery process.”


Listen to the full conversation about Superior’s success with online bidding platforms, between Hays and Jones, by clicking or tapping the LISTEN BAR below.



   




   

Listen to Hays and Jones' full conversation about Superior's success with online bidding platforms
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Piper Merritt Makes the Cut- Is Now a Finalist in Her Quest to Become a National Officer of the FFA  Mon, 23 Oct 2017 20:40:05 CDT
  • Crop Report Shows Significant Progress Made in Both Corn and Soybean Harvest Since Last Week  Mon, 23 Oct 2017 16:00:22 CDT
  • Claremore, Oologah, Stillwater and Timberlake Chase National Honors in Premiere Chapter Competition This Week in Indy  Mon, 23 Oct 2017 15:28:56 CDT
  • Slaughter Cows Sell 3.00 - 4.00 Lower, Bulls Lightly Tested Monday at OKC West Livestock Auction  Mon, 23 Oct 2017 15:19:03 CDT
  • AgriPro SY Monument Recommended for Delayed Planting Season to Increase Chances of Success  Mon, 23 Oct 2017 15:00:55 CDT
  • Activist Groups File Litigation Against Oklahoma Beef Checkoff Referendum   Mon, 23 Oct 2017 15:04:24 CDT
  • Oklahoma Beef Council Board of Directors Approves $1.27M Spending Budget for Fiscal Year 2018  Mon, 23 Oct 2017 14:25:32 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Monday, October 23, 2017  Mon, 23 Oct 2017 14:17:46 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI