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V_Key

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Location
Gilroy/San Martin, Ca.
Subject: Market report
Date: May 4, 2005 7:27:03 PM PDT
From: [email protected]
To: [email protected]
Reply-To: [email protected]


Market Review - May 3, 2005

Each week it seems as though there are a lot of new issues to discuss in this business. For the last three weeks we have heard more cattle buyers and other markets say electronic tags and source verified cattle won't bring any more money than commercial cattle with out EID tags. Up until the last two weeks we have not sold enough cattle to get an idea ourselves on any price difference.

This week was the second week in a row where we sold enough source verified cattle to get a true market test. We are calling these cattle $7-10 higher per pound. While this is just a start on selling source verified EID cattle at this market, the hand writing is on the wall. If you don't have your calves EID identified, coupled with a good vaccination program you can see it will pay big dividends. As we increase our volume of these calves and yearlings we expect the price for the source verified cattle to go even higher.

When we 1st started this program we expected there would be a very significant difference in the prices. However, because we had never sold EID cattle before we could not over predict where this program would really go. Most competitors thought it was a needless experience that would only slow down the entire process, make more work for their employees and provide little return. The facts are it is a lot more work, more paper to handle, and it is very expensive to get started. However, 29 years of working on new marketing strategies, improving our physical plant, and putting quality people in place has put us in a position to meet the challenge of selling source verified cattle for premium prices.

We consider it our job to move the sale of cattle to a new level and keep this market on the leading edge of every opportunity available now an in the future to sell your cattle for premium prices.

There is also another important fact I think producers all over Ca. should know. It might cost $1 per hundred more to get a 600# steer to our market verses the way you normally sell your cattle but if he is source verified and brings only $5 cwt. up that is $30 for a $6 investment.

The top Source Verified Calves weighing 416# sold for Gary Guerra of Hollister for $155.00; he also sold the top selling heifers weighing 450# sold for $130.00. Buzz Nelson of Salinas sold 660# Source Verified steers for $119.00. Jim Poett of Lompoc sold 533# Source Verified steers for $141.00.

Every Tuesday, from May 3rd through August 30th we will hold a drawing for our consignors preceding the afternoon sale for a chance to win a Honda Rancher 350 4x4. The winning consignor will be included in the drawing conducted by the San Benito County Cattlemen's Association on Saturday, October 1, 2005. This week's winning consignor is Dio Choperena of Tomales.



Info needed for Source Verified Cows
1. Electronic Tags
2. Paper work includes


a. EID#
b. Age of cow by that #
c. Premise #



Info needed for Source Verified Calves
1. Electronic Tags
2. Paper work includes


a. Premise #
b. Vaccination Program
c. Calving dates (example: 1st calf born Sept. 1 last calf born Dec. 15)





To get your premise number in Calif. you can log on to www.cdfa.ca.gov/egov/pais/ or call (916)654-1447




Markets at a Glance
Tuesday May 3, 2005
472 Head Sold
Steers
300-350 lb ch str cfs
350-400 lb ch str cfs
400-450 lb ch str cfs 140.00 155.00
450-500 lb ch str cfs
500-550 lb ch str cfs 135.00 141.00
550-600 lb ch str cfs 120.00 129.00
600-700 lb ch strs 110.00 120.00
700-800 lb ch strs
800-900 lb ch strs
Heifers
300-350 lb ch hfr cfs
350-400 lb ch hfr cfs
400-450 lb ch hfr cfs
450-500 lb ch hfr cfs 121.00 130.00
500-550 lb ch hfr cfs 120.00 130.00
550-600 lb ch hfr cfs 115.00 120.00
600-700 lb ch hfrs 113.00 118.00
700-800 lb ch hfrs
800-900 lb ch hfrs
Slaughter Cows:
Dairy Beef 55.00 63.00
Commercials 60.00 64.00
Utilities 58.00 61.00
Cutters 51.00 57.00
Slaughter Bulls:
Commercial 71.00 84.50
Cutters 61.00 71.00

Representative Sales



Representative Sale Weight Price
4 blk,red strs 416 155.00
6 b br,r br strs 533 141.00
9 blk,red,ch strs 511 140.00
4 blk,b br strs 616 120.00
7 blk,red strs 675 118.00
3 blk,wf strs 748 105.00
3 wf strs 702 104.00
5 blk,bwf,ch strs 913 97.00

8 blk,bwf,red hfrs 451 130.00
8 blk,bbr,rbr hfrs 491 125.00
3 blk,b br hfrs 498 125.00
4 blk hfrs 561 120.00
6 blk hfrs 558 118.00
4 blk hfrs 636 118.00
7 blk,red hfrs 640 116.00
3 blk hfrs 755 97.00




Special Sales

May 10 –
20 source verified calves weighing 500# - Carmel
1 load of source verified black steers weighing 1000# - Petaluma
1 load of source verified Englishx heifers 550# - San Ardo

May 17- Feeder sale
2 loads of young & middle aged Englishx pairs with 150-300 calves at side - Paicines




Thought of the Week
You can't unsay a cruel thing.
 
This week was the second week in a row where we sold enough source verified cattle to get a true market test. We are calling these cattle $7-10 higher per pound. While this is just a start on selling source verified EID cattle at this market, the hand writing is on the wall. If you don't have your calves EID identified, coupled with a good vaccination program you can see it will pay big dividends. As we increase our volume of these calves and yearlings we expect the price for the source verified cattle to go even higher.

Ours at Gaylord is running at 12-17 over market for RFID animals
 
Source Verified cattle bring 5-14 dollars more and with our system you can add your own cattle . www.scoringag.com is the place to get your animal records online ready for M'ID along with your premises code from each state.Best Regards STAFF
 
Yup,Those RFID boluses paid for themselves 3 times over with beer money too boot.Say STAFF, It sure is a lot easier to extend the herd size in the new online signup system.Sure do like the way the cell phone displays those cows.Keep up the good Work!!!!
 

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