It hasn't taken long to see repercussions in the fall market from the summer's drought-induced atypical marketing pattern. Week-to-week price gains have taken the place of the normal price pressure you’d expect....More

Between having to ship cattle due to a lack of groceries, and some choosing last week to exploit the record and near-record high prices of the past couple of weeks, heavy auction volume was running ahead of capacity in some areas. In Texas, for instance, AgriLife Extension personnel in the Rolling Plains reported area sale barns turning people away because sales were running so long. According to the Texas Federal-State Market News Service, since the first of June, volume at more than 20 sale barns in the Lone Star State was more than 42% heavier year-to-date. Analysts with the Agricultural Marketing Service (AMS) say receipts for the last three cow and bull sales at the livestock auction in Woodward, OK, totaled nearly 13,000 head compared just over 3,000 on the same dates a year ago....More