Magnum has established
buyer relationships with reputable firms across the United States
to assist with cattle procurement. Because we have the responsibility
to procure nearly 40% of the cattle that we feed, these firms and
extremely valuable. This enables us to take advantage of pricing
variations from region to region as well as track supply considerations,
weather influences, and flesh conditions. As a result of continually
trading in the feeder cattle market, Magnum Feedyard will occasionally
inventory cattle to offer for resale to customers. Each of these
influences contribute great value for those customers utilizing
this procurement service.
40 miles of two major packing facilities with a combined double
shift capacity of over 10,000 head, Magnum customers enjoy the distinct
advantage of "competition" when their fed cattle are ready for harvest.
In addition to the local packers, Magnum has marketed cattle to
several out-of-state packers. The staff at Magnum recognizes the
need and value in sorting some finished cattle, and the constant
strive for marketing programs which obtain greater value for your
cattle. We have experience with several of the value based, grid
alliance marketing programs and we constantly strive for marketing
programs which obtain greater value for your cattle.
Magnum Feedyard has become more involved in feeding partnerships
as a vehicle to acquire "new" feeding customers. Because our focus
is on providing service, it is not our intention to own a substantial
portion of our cattle on feed totals. However, we recognize the
increased comfort level of a new customer if the feedyard is a partner.
We have worked aggressively with existing customers to create partnership
structures in order to accommodate the needs of everyone.