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tenbach79
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Joined: 22 Dec 2008
Posts: 307
Location: Colorado

PostPosted: Thu Jan 26, 2012 10:18 pm    Post subject: Calf Prices Reply with quote

Went to the cattle sell today a lot of 5 to 6 weight calves brought $1200 a head today. Sure wish I still had mine and hope these prices stay next year.


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burnt
Rancher
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Joined: 28 Feb 2008
Posts: 4478
Location: Mid-western Ontario

PostPosted: Fri Jan 27, 2012 8:25 am    Post subject: Reply with quote

Shocked


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GM88
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Joined: 18 Jul 2010
Posts: 161
Location: east central alberta

PostPosted: Fri Jan 27, 2012 8:34 am    Post subject: Reply with quote

Shocked Shocked hope there is money left for everyone down the line so this wont fade away.


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Justin
Rancher
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Joined: 02 Mar 2008
Posts: 4257
Location: NW South Dakota

PostPosted: Fri Jan 27, 2012 8:51 am    Post subject: Reply with quote

GM88 wrote:
Shocked Shocked hope there is money left for everyone down the line so this wont fade away.


those that are paying these HIGH prices for bred stock better hope not. i think those are the folks that stand to take the biggest ass kickin' if this thing goes south, and it's not a matter of if it will but a matter of when.


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Triangle Bar
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Joined: 24 Jan 2008
Posts: 945
Location: S. Central Colorado

PostPosted: Fri Jan 27, 2012 12:08 pm    Post subject: Re: Calf Prices Reply with quote

tenbach79 wrote:
Went to the cattle sell today a lot of 5 to 6 weight calves brought $1200 a head today. Sure wish I still had mine and hope these prices stay next year.


I'm wishing for the same thing especially considering the high dollar hay the girls are eating. I sold some late summer calves at Winter's on tuesday and they brought a little over $1100/head. It was a nice check for just 8 head.


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myersfarm
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Joined: 28 Nov 2011
Posts: 73
Location: Missouri

PostPosted: Fri Jan 27, 2012 12:19 pm    Post subject: Reply with quote

Superior Auctions just sold some 450 lbs weaned steers for $192.00 a pound thats $864.00 .....wonder what the break even is on them these days..but good price for the seller


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tenbach79
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Joined: 22 Dec 2008
Posts: 307
Location: Colorado

PostPosted: Fri Jan 27, 2012 12:46 pm    Post subject: Reply with quote

They sold 458lb st calves for 2.05 at $938hd yesterday. That price per head is what I got for 650lb steer calves back in November right off the cow.


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Big Muddy rancher
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Rancher


Joined: 10 Feb 2005
Posts: 15725
Location: Big Muddy valley

PostPosted: Fri Jan 27, 2012 1:16 pm    Post subject: Reply with quote

What are these 5-6 wt steers going to do on grass when they are going out a $1000. Think they will make any money?


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myersfarm
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Joined: 28 Nov 2011
Posts: 73
Location: Missouri

PostPosted: Fri Jan 27, 2012 1:22 pm    Post subject: Reply with quote

Heard breakeven was $1.26...so fats will have to come up more


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BRG
Rancher
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Joined: 20 Apr 2005
Posts: 1599
Location: North Western SD

PostPosted: Fri Jan 27, 2012 2:20 pm    Post subject: Reply with quote

Big Muddy rancher wrote:
What are these 5-6 wt steers going to do on grass when they are going out a $1000. Think they will make any money?


Right now the September Feeder board is just under $1.60.


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Doug Thorson
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Joined: 04 Mar 2007
Posts: 605
Location: western SD

PostPosted: Fri Jan 27, 2012 3:55 pm    Post subject: Reply with quote

From Philip Livestock last Tuesday

44 Herf Steers 513@2.00
63 BWF Steers 560@1.91
15 Herf Steers 530@2.00
28 Herf Steers 634@1.74

And one bunch of Char cross cattle that belong to a neighbor that I will mention
75 Char Steers 850@1.5225

A quote from the letter I sent to my bull customers

Quote:
What a great time to be in the cattle business. Talking cattle markets is a lot like the weather, I am not sure we have seen this in our lifetime. Imputs are high and seem to be going up, but I think we are just in a new game that we need to adjust to. It seems we are going to hit a new normal, but I don't think we are there yet. One thing we are in control of, is optimism, we can't control imputs or the weather, but we can always be optimistic of the future. After all, this is "next year" country even when we had a year like this.


I really don't think we are at the new normal yet. The lack of cattle in Texas, still ground being broke to farm, expansion of cities, increasing population and increasing exports are all in the cattlemans favor. I think over $2.00 for 550 steers will be the new normal but I don't know how far over.


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Northern Rancher
Rancher
Rancher


Joined: 10 Feb 2005
Posts: 12251
Location: saskatchewan

PostPosted: Fri Jan 27, 2012 5:25 pm    Post subject: Reply with quote

Id gamble on a breeding female before I would a $1200 grass steeer-steers have a shelf life while a female can be amortized while you work through a market correction. It is definately a scary but exciting time to be in the cow business for sure-it still beats changing cultivator shovels lol.


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