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Big day

B

BRG

Well-known member
Joined
Apr 20, 2005
Messages
1,962
Location
North Western SD
Tomarrow should be a good test of the market. It has been well over a month before Mobridge Livestock didn't have huge cancellations due to weather. Hopefully the farmer feeders got some of their crops in. So far they have over 8000 head consigned with 1250 to 1500 head of them being our customers. I hope all goes well. I wish their was an emotion for crossing your fingers :)
 
Welp, heck, try this one here.
fingers-crossed.gif
 
BRG said:
Visited with the barn this evening and it is now over 9000 head.
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That must be an impressive facility. Post some pics if you can. Hope the numbers bring lots of competing buyers. Good luck.
 
Just got back from the sale. Not sure what the offical count was, but it was alot and they said it was the most ever through this barn. The highlight of the day was a customers open replacement heifers. I got them bought for a guy in eastern SD. They weighed 553 lbs and sold for $142/cwt or $786. He took 100 head. We had lots of calls on them and lots of people were bidding.
 
The problem is BRG, for less than a couple hundred more dollars a guy is going to be able to pick up bred heifers or young cows for the cost of those 5wt heifers, and they'll have a calf to sell in 2010. They guy that just paid that much for those heifers is going to have to put $500 more into them and carry them through 2 winters to hopefully get them bred and get a calf on the ground. Obviously the buyer must feel there is a couple hundred dollars worth of genetics/head on those girls.

On a side note, I don't want to sound like a big pessimist as you had a great day, but how are guys justifying $1-$1.08 on those light weight feeder steers. I can hardly pencil it out for $0.15-$0.20 less feeding lots of cheap distillers with the market hovering in the low $80's for fats all year. There is either a lot of optimism or they got some major feeding advantages over us, which I'm not seeing.
 
Those are pretty spendy but maybe the buyer had a tax problem-ever situation is different. Now if they just breed them Hereford and make some baldies I can start bidding lol.
 
Northern Rancher said:
Those are pretty spendy but maybe the buyer had a tax problem-ever situation is different. Now if they just breed them Hereford and make some baldies I can start bidding lol.
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hard to say, but that buyer is going to have alot of dollars stuck in those girls before the first calf show up :shock: :? to me, it doesn't make sense paying that kind of money for commercial heifer calves. but for the buyer to have to pay that, there must have been someone else thinking they were worth it too.
 
There's a set of purebred horned hereford heifer sell at Fraser's sale every year-they are commercial heifers-the same outfit buys them every year and I'm runnerup bidder-I bid way over budget but he's got more lead in his pencil than I do. I usually get the oputfits baldies bought though.
 

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