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Hereford76
Member
Joined: 13 Dec 2005
Posts: 814
Location: North Central Montana
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 Posted: Fri Jan 27, 2012 5:34 pm Post subject: |
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Bear Paw Livestock - chinook mt
1/27/12
547lbs black baldie steers - 2.40/lbs.... again 2.40/lbs
funny thing too - after they sold them the guy runner up thru a fit cause he said he was bidding again not saying no!
1741lbs baldie cows 5 to 7 start 3/16 @ 1750/hd
1757lbs kill cows brought 80.75
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Black Out
Member
Joined: 16 Jan 2011
Posts: 50
Location: Hop Skip & Juuump east of Soapweed
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Oldtimer
Rancher
Joined: 10 Feb 2005
Posts: 24735
Location: Northeast Montana
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| Posted: Fri Jan 27, 2012 8:05 pm Post subject: |
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| Northern Rancher wrote: |
| 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. |
I agree Cory-- the heifers could go either which way-- depending on where the market is------- BUT unless everything falls to hell- I think "the experts" are right and over the next few years all you can say is "HIGHER, HIGHER, HIGHER...
I see no different and it may prove what Pat Goggins has said for years- all the cattle industry needs is a good recession/depression that those that live thru it will profit off from......
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burnt
Rancher
Joined: 28 Feb 2008
Posts: 4478
Location: Mid-western Ontario
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| Posted: Fri Jan 27, 2012 8:09 pm Post subject: |
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For some funny reason I'm remembering what an older guy told me about a year ago. He and his brother had a feedlot where they brought in heavy yearlings to finish, usually putting on about 400 lbs., using the corn and hay they grew on their farms.
They had years of experience and sold reputation, hard-fed butcher cattle.
On May 20, 2003 (a black day burned into the memory of Canadian Cattlemen) those two brothers had 400 - 1400lb. steers ready to ship and lined up to go. When the bad news broke, the packing plant doors slammed shut almost as tight as the U.S. border.
When the backlog cleared a little and they could finally move them - fed longer than they normally would - - they got $300 dollars/hd. for cattle that cost them $1300 as long yearlings. Not to mention their feed that went into the steers.
At their age, it was next to impossible to make up their losses. After years of doing an excellent job of what they were very good at, they were almost back to where they had started decades ealier. Sorry to cast a cloud over good news - but some things are hard to forget.
So let's enjoy what we have!
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4Diamond
Member
Joined: 16 May 2008
Posts: 227
Location: Missouri
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| Posted: Sat Jan 28, 2012 12:10 pm Post subject: |
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| Oldtimer wrote: |
| Northern Rancher wrote: |
| 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. |
I agree Cory-- the heifers could go either which way-- depending on where the market is------- BUT unless everything falls to hell- I think "the experts" are right and over the next few years all you can say is "HIGHER, HIGHER, HIGHER...
I see no different and it may prove what Pat Goggins has said for years- all the cattle industry needs is a good recession/depression that those that live thru it will profit off from...... |
My family and I background several 100 head of calves each year and we all agree that the heifer side is a much more sound investment. You can feed em, breed em, or eat em. I think a guy just needs to be in the game currently, there are several ways to turn a buck.
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