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Long Term Effects of Blood Bath in Fed Cattle

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PPRM
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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby PPRM » Sat Jun 25, 2016 10:03 am

Big Muddy rancher wrote:
Faster horses wrote:http://www.northernlivestockvideo.com/catalog/?lot=26067&saleid=983

A video of some customers calves that will sell on Northern Video on Monday. What a set of cows and calves! They do a really good job managing their cowherd. Will be interesting to see what they bring. The guy who bought them last year has expressed interest in them again. These calves are the ultimate in healthy.


I like those cows. :D :D



Kid on the saddle horse waving was also pretty cute. My wife would love the freckle faced baldy calves.
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RBT
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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby RBT » Wed Aug 10, 2016 12:50 pm

Aw, what a difference a couple months makes. Feeder futures up, corn down. What's everyones thoughts and plans now?

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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby Soapweed » Wed Aug 10, 2016 9:31 pm

We sold 82 steers yesterday (August 9th) on the Western Video Market sale at Cheyenne. Base weight is 600 pounds for October 17, 2016 delivery, right off the cow. They brought $161.50 per cwt, which is more than I thought they might. We are happy with the deal.

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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby Faster horses » Wed Aug 10, 2016 9:53 pm

Congratulations on a good sale, Soapweed.

Friends sold theirs on Northern in Billings back in May. 620#, Oct delivery for $146.00. Of course the freight makes a difference,
but it does look like the market has strengthened. Makes us glad for everyone!
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Brad S
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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby Brad S » Thu Aug 11, 2016 1:02 am

Looks like summer heat got everyone current - a usual pattern. $3 corn will result in heavy carcasses, just waiting on a catylist and maybe some dirty pool by packers. This is a good opportunity if you're long.

Some say expansion is over. Most of my friends are waiting for cheaper calves to get serious about expansion and renewal. I don't think expansion is close to over.

$3 corn is unsustainable, but "16" is going to be huge. Can "17" be yet another record crop? I think "17" will be smaller dictated by acres. But for now, enjoy cheap corn with not huge carcasses.

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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby PPRM » Thu Aug 11, 2016 6:50 pm

Glad to hear of the decent feeder cattle prices. The Cash Market for fed cattle looks to be about $1.15-$1.18. So, about $600 available to feed them. You'll have to figure your own Cost of Gain. It looks like some room to me.
The difference between a rut and a grave is the depth



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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby WB » Thu Aug 11, 2016 7:01 pm

The bad thing about cheap corn is it makes for cheap meat. Hogs convert 3/1 and chickens 2/1 so we are going to be competing with some pretty cheap protein for a while.

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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby Mike » Fri Aug 12, 2016 11:18 am

WB wrote:The bad thing about cheap corn is it makes for cheap meat. Hogs convert 3/1 and chickens 2/1 so we are going to be competing with some pretty cheap protein for a while.


Not only do hogs & chickens convert feed much more efficiently than do individual cattle. The number of progeny per female per year is astronomically a higher number. I wonder how the lbs. of meat per female production in a year compares...........

P.S. Chickens lay about 330 eggs per year.
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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby gcreekrch » Fri Aug 12, 2016 10:44 pm

Mike wrote:
WB wrote:The bad thing about cheap corn is it makes for cheap meat. Hogs convert 3/1 and chickens 2/1 so we are going to be competing with some pretty cheap protein for a while.


Not only do hogs & chickens convert feed much more efficiently than do individual cattle. The number of progeny per female per year is astronomically a higher number. I wonder how the lbs. of meat per female production in a year compares...........

P.S. Chickens lay about 330 eggs per year.


Then eat every egg you can people............ :wink:
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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby Texan » Thu Aug 18, 2016 5:38 pm


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Re: Long Term Effects of Blood Bath in Fed Cattle

Postby Texan » Sun Aug 21, 2016 7:09 am

Did any of you read the WSJ link? We all gripe about futures traders, but are we really ready to do without the board? That's what is being proposed, the way I read the article - no more contracts after October 2017. Am I reading that wrong?

True that paper cattle traders can wreck our markets short-term, but don't they give us a little direction to look to long-term? Even with no intent to hedge, I still look at what feeder contracts are going for in the out months when I buy calves and I assume that others do that, as well. Are we really ready to do away with the board?



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