The Texas A&M AgriLife Extension Service will present the “Predictions for 2024 Texas Livestock Markets” webinar on Feb. 1 from noon to 1 pm. The webinar will focus on state and national trends for cattle, sheep and goat markets.

The webinar is part of an ongoing Department of Rangeland, Wildlife and Fisheries Management, RWFM, Stewardship Series. Cost is $35, and advance registration is required at https://tx.ag/LivestockMarkets.

After payment is received, a follow-up email will be sent from the event organizer with instructions on how to access the webinar.

David Anderson, Ph.D., AgriLife Extension economist and professor in the College of Agriculture and Life Sciences Department of Agricultural Economics, Bryan-College Station, will give the market outlook.

Anderson said that while cattle prices were high in 2023, small ruminant prices struggled throughout much of the year. Despite this, he said there is reason to remain hopeful for better prices in the new year.

“Our producers strive for efficiency and productivity in all they do while simultaneously combating challenges like drought, extreme temperatures, floods and fires,” said Morgan Treadwell, Ph.D., AgriLife Extension rangeland specialist and associate professor in the Department of Rangeland, Wildlife and Fisheries Management, San Angelo. “The market is no different and adds a complex layer for livestock producers to maneuver.”

Treadwell said understanding these markets while keeping an eye on fluctuations and timing can add to a livestock operation’s overall efficiency and productivity.