\u201cIt\u2019s been a great year for ranchers,\u201d said Cortez Livestock Auction auctioneer Rowdy Suckla at the final sale barn of the year on Dec. 17. \u201cCattle has been in a crash the last two weeks, along with oil prices, but every market has to have a correction.\u201d<\/p>\n
According to recent analyst reports, cattle on a national scale traded roughly $4 lower on a live basis last week compared with the week before.<\/p>\n
\u201cIt appears the industry may find it difficult to push feeder cattle prices back to record levels in the near term, but it also seems unlikely that feeder cattle futures will continue declining at such a rapid pace,\u201d wrote University of Tennessee agriculture analyst Andrew Griffith in a Dec. 18 market report.<\/p>\n
Suckla says that locally, steer prices have averaged about $240 and heifers about $230, compared with peak prices of $260 earlier this year.<\/p>\n
\u201cThe market may not get as high (as it has been in 2014), but I think it will steady off by the first of the year,\u201d Suckla noted.<\/p>\n
\u201cI think they (ranchers) should use their money wisely, just in case the market does fall again,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u201cIt\u2019s been a great year for ranchers,\u201d said Cortez Livestock Auction auctioneer Rowdy Suckla at the final sale barn of the year on Dec. 17. \u201cCattle has been in a crash the last two weeks, along with oil prices, but every market has to have a correction.\u201d According to recent analyst reports, cattle on a […]<\/p>\n","protected":false},"author":1,"featured_media":115668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6363],"tags":[21,44,188,13,1398,83],"naviga_topic":[],"class_list":["post-115667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ds-news","tag-cortez","tag-dolores","tag-dolores-star","tag-frontpage-lead","tag-livestock-farming","tag-mancos"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/115667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=115667"}],"version-history":[{"count":0,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/115667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media\/115668"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=115667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=115667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=115667"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=115667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}