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Selling steers wed

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Soapweed said:
Matt Lowery is a Nebraska auctioneer, and he posted this a few hours ago on his Facebook page. "Today at Valentine Livestock 202 head of home raised angus steers weighed 773 lbs. and brought $178.50." On another comment he wrote: "880s at 158. 910s at 154."
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Not a lot of money left in them cattle
 
Soapweed said:
Matt Lowery is a Nebraska auctioneer, and he posted this a few hours ago on his Facebook page. "Today at Valentine Livestock 202 head of home raised angus steers weighed 773 lbs. and brought $178.50." On another comment he wrote: "880s at 158. 910s at 154."
Click to expand...


I think some folks sold them just in time. Choice Cutout is dropping as well as Cash Fats. Well played by whoever sold these.
 
Soapweed said:
Matt Lowery is a Nebraska auctioneer, and he posted this a few hours ago on his Facebook page. "Today at Valentine Livestock 202 head of home raised angus steers weighed 773 lbs. and brought $178.50." On another comment he wrote: "880s at 158. 910s at 154."
Click to expand...
Those must be a fantastic set of reputation cattle.
 
They would lose 30 dollars per head if all the above was true and the feed was free. Those Nebraska cattle must be quite a pleasure to own.
 
redrobin said:
Soapweed said:
Matt Lowery is a Nebraska auctioneer, and he posted this a few hours ago on his Facebook page. "Today at Valentine Livestock 202 head of home raised angus steers weighed 773 lbs. and brought $178.50." On another comment he wrote: "880s at 158. 910s at 154."
Click to expand...
Those must be a fantastic set of reputation cattle.
Click to expand...
Those 773 @ 178 would seem real high against a 113 board
 
4Diamond said:
Run naked till this thing ratchets up to 1.40. Isn't that would MW would do?
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IMO, Depends upon why you think the price drop.

If you think it is Drought and you have feed, hold and feed. If you think the sunup was an overbought optimism of exports to China, I wouldn't expect a fast turnaround.
 

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