The Oklahoma National Stockyards, the last major urban stockyard in the U.S., is for sale with a $27 million price tag, ABC News reports.
The stockyard covers 100 acres along the Oklahoma River and faces declining cattle numbers—down 20% in two years. Owned by the same family since 1910, younger generations are uninterested in managing its demanding operations, according to President Jerry Reynolds.
If closed, auctions in Joplin, MO, and El Reno, OK, would absorb much of the business. Despite its historical significance, redevelopment pressures threaten this last remnant of the once-thriving terminal markets of the Midwest.
