America’s last big-city stockyard is for sale in a sign of the times in Oklahoma City

(2 Feb 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Oklahoma City – 13 January 2025
1. Various of auction at Oklahoma’s National Stockyards
2 Close of cattle being moved into facility
3. SOUNDBITE (English) Jerry Reynolds, President, Oklahoma National Stockyards:
“The uniqueness of this place is you’ve got people who’ve been coming here since they were a kid. They came with their dad and they came with their grandad. So there’s lots of tradition here."
4. Medium of people watching auction from stands
5. Medium of cow leaving auction
6. SOUNDBITE (English) Chuck Carver, Tourist, North Carolina:
“It’s a side of of America that we have…we don’t know a whole lot about. And we thought it would be really interesting to see how it works on a large scale."
7. Wide of entrance into stockyard facility with cars driving on the road
8. Various of cattle in barns
9. SOUNDBITE (English) Jerry Reynolds, President, Oklahoma National Stockyards:
“The ownership, just feels that it’s a good time to transition the ownership to to someone more local. A good percentage of those stockholders are out of state and a lot of them were original family members to the facility being built back in 1910 and have had a long tradition of having ownership in the stockyards and a great relationship there. But those guys are are getting older and don’t have any family that’s interested in carrying on that tradition. And so they just feel like it’s a good time to try to ind someone that can continue carrying the torch."
10. Various of worker navigating cattle into auction area
11. SOUNDBITE (English) Jason Baker, Stockyards Commission Firm Owner:
“It’s very vital for my family, due to it’s our livelihood.”
12. Close of people watching auction from stands
13. Close of cattle being auctioned
14. Close of nearby cattle waiting to be auctioned
15. SOUNDBITE (English) Jason Baker, Stockyards Commission Firm Owner:
"There’s there’s a little, little, little fear that, you know, somebody might buy it and do something else with it. Our hope is somebody that, you know, wants to continue doing business the way it’s always been done."
++ENDS ON SOUNDBITE++
STORYLINE:
In the heart of Oklahoma City, on the edge of a thriving downtown dotted with luxury hotels and trendy restaurants, is a more than 100-year-old relic to the city’s western heritage: One of the world’s largest cattle stockyards.

But maybe not for much longer.

The Oklahoma National Stockyards — the last big-city stockyard in the U.S. — is for sale.

The $27 million price tag includes 100 acres of prime property along the Oklahoma River in a growing city of roughly 700,000 residents, where a state-of-the-art NBA arena is set to break ground and a developer is pushing plans for the country’s largest skyscraper.

Although the stockyards’ owners are hopeful that a buyer keeps the cattle coming, they acknowledge the land is attractive for redevelopment.

The sale is a sign of the times for both livestock auctions and America’s cattle market.

AP Video shot by Kendria LaFleur

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