Stocker cattle sale results in $13,000 donation to Eastern Foundation from National Livestock
Assistant Vice President of Lending Chris Carroll (left) presents Eastern Ranch Management Specialist Earl Shero with a donation of more than $13,000 from the National Livestock Credit Corporation as a result of the sale of stocker cattle in the college’s ranch management degree program.
WILBURTON, OK (Oct. 3, 2018) – The Eastern Oklahoma State College Development Foundation recently received a donation of more than $13,000 from the National Livestock Credit Corporation (NLCC) of Oklahoma City as a result of the sale of stocker cattle in the college’s ranch management degree program.
NLCC purchased 209 cattle earlier this spring for use on Eastern’s farm. Students in the ranch management degree program were responsible for the day-to-day management of the herd, including feeding and maintaining the health of the cattle. This fall, the cattle were sold to a commercial feedlot for a profit of $13,102.20 and the funds were donated to the EOSC Development Foundation to support the Agriculture Division.
This was the fourth set of stocker cattle that have run through Eastern’s stocker operations program. After the initial investments were recovered, the total proceeds from all four sales total $89,696.41.
National Livestock is a group of companies formed in 1932 to assist cattle producers with their cattle purchasing, marketing and financing needs.
Eastern launched the ranch management degree with a focus on stocker operations in the fall of 2016 with the goal of preparing students for an affordable entry into the ranching and cattle business. Students in the program work closely with instructors and professional ranchers to learn how to operate a small business; maintain the financial, operational, production and employment records; and train and supervise personnel. To learn more about the program, visit eosc.edu/stocker or call 918-465-1724.