Livestock production runs deep in the history of Midwest agriculture. As a result, livestock markets and stockyards have also played a key role in the industry. Today, Central Livestock Association, a 95-year-old livestock marketing company, owns and operates prominent markets throughout the Midwest to serve cattle, horse, swine, sheep and goat producers.
Formed as a commission firm at the South St. Paul, Minn., stockyards in 1921, Central Livestock now offers innovative marketing programs from multiple market locations. Central Livestock owns markets in Albany, Zumbrota, and Rock Creek Minn., and West Fargo, N.D. The South St. Paul market closed in April 2008. The Sioux Falls Stockyards closed cattle and sheep sales in 2009, and Central Livestock is no longer affiliated with the Sioux Falls Stockyards. Today the corporate headquarters remains in South St. Paul.
For over a half century, Central Livestock's daily radio programs and market reports have kept livestock producers informed. Today, radio, Web sites, advertising, salespeople and fieldmen assist livestock producers in coordinating successful and orderly livestock marketing.
In 1999, with the support of producer members, Central Livestock became the third subsidiary of Cooperative Resources International (CRI); however, in 2011 following a positive vote by delegates, CRI restructured Central Livestock as a company of Genex.
The purpose of Central Livestock is to act as a full-service livestock marketing organization assisting livestock producers in production and marketing by providing competitive prices, superior service and broader outlets through a profitable and innovative organization.
1921 Formation of Central Livestock Association
1936 Central Livestock began to radio broadcast market reports
1941 Central Livestock order buying program organized
1988 Purchased the West Fargo, N.D., market
1991 Built and opened the Albany, Minn., market
1999 Central Livestock became a subsidiary of CRI
1999 Purchased South St. Paul, Minn., market
2003 Purchased the Zumbrota, Minn., market
2008 Closed the South St. Paul, Minn., market
2008 Opened the Rock Creek, Minn., market
2009 Closed operations at the Sioux Falls Stockyards
2011 Central Livestock became a company of Genex