Equity Livestock Monroe Market Report (2024)

FAQs

Where is the largest livestock auction in the US? ›

Located within historic Stockyards City, the Oklahoma National Stockyards is the largest stocker/feeder cattle market in the world. Check out the rush of an authentic (and free to attend) cattle auction every Monday and Tuesday, then explore other nearby iconic restaurants, shops and attractions.

Cattle prices to edge slightly higher in 2025

The 2025 forecast for feeder steers weighing 750 to 800 pounds at the Oklahoma City National Stockyards is $259 per cwt, an increase of 1% from 2024. Last, cull cow prices in 2025 are forecast at $125 per cwt, a year-over-year increase of 5%.

Texas leads the pack with an astounding 4,475,000 cows, securing its position as the top beef-producing state.

Main Takeaways. The beef cattle outlook is positive in 2024. Tight supplies and stable consumer demand are expected to push cattle prices higher in the year ahead.

Beef Supply Chain Constraints

Unfortunately for beef manufacturers supply is declining and is expected to be 56 pounds per capita in 2024, 1.9% lower than 2023. This is due to the contraction of beef heards, ongoing drought, higher producer input costs, supply chain issues, and more.

Beef and cattle price levels will likely remain high through at least 2026, and new record prices may come as early as later this year. Inventories continue to decrease, and once cow-calf producers begin expanding their herds, we believe beef and cattle prices are likely to go even higher.

The largest such market is the New York Stock Exchange (NYSE). Other auction exchanges include the American Stock Exchange (AMEX) and regional exchanges such as the Pacific Stock Exchange.

This sale, the world's largest sale of yearlings, has been conducted at various times in the fall since 1944, and was permanently moved to September in 1960. Keeneland accepts all horses nominated to sale, making it the largest market for Thoroughbred yearlings in the world.

King Ranch, largest ranch in the United States, composed of a group of four tracts of land in southeastern Texas, totaling approximately 825,000 acres (333,800 hectares). The King Ranch was established by Richard King, a steamboat captain born in 1825 in Orange county, New York.

The Mercado de Liniers in the centre of Buenos Aires, Argentina, is claimed to be the largest livestock market in the world. It covers 34ha in a built-up area in the centre of the city.