New Cattle Market Web Tools Introduced
Two newly created web tools will allow cattle producers to easily access Oklahoma cattle auction data.
These tools, created by the Noble Research Institute’s agricultural economics consultants and computing services team, include price slide and value of gain breakdowns, and auction market comparison charts.
“We wanted to provide a way for producers to easily access Oklahoma cattle auction data and to present it in a different format,” says Jason Bradley, agricultural economics consultant. “Producers can see individual Oklahoma auction market reports as well as the state’s combined average.”
The market reports are coming from seven livestock auctions in Oklahoma: Ada, Apache, El Reno, McAlester, Oklahoma National, Tulsa, and Woodward. The information is being collected through the USDA Agricultural Marketing Service.
“Working toward providing producers with the tools and information that can be used to make timely management decisions (like determining when to buy or sell cattle) is one of the great things we do here at Noble,” says Bradley. “This opens the door to many more things we can begin to do. We encourage you to give us feedback on these tools and others you would like to see next.”
To learn more, visit noble.org/ag/services/.