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Calf Prices?

  • Thread starter Thread starter Anonymous
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Anonymous

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If you're watching Superior today- the future doesn't look too rosy...
Altho they are selling southern cattle which are usually cheaper- I haven't seen anything weighing between 500- 650 go a $1.00....

Nice looking char cross steers weighing 650-- brought $.97-- some lots of lighter ones down in the $.90's and heifers in the $.80's.....

Another big bunch of nice looking Char cross steers out of Fla for end of August delivery- source verified- tagged- all natural- weighed 650--brought $88.50....Needless to say the buyer didn't sell...

Only thing I've seen go over $1.00 was some 450 weights...

Now I know Florida and southern states cattle are usually cheaper-- but this is plumb sick... :(

I don't know how- with the huge increase of input costs- these producers can make a go of it with prices like that :???: :( .....
 
With the uncernity of the corn crop how could you pay much for feeders it's $6.26 cash here today and with the floods in Iowa some computer samples are showing it could push $14 a bushel.Highly unlikely but who ever thought they would see $20 wheat last winter.
 
OT, weren't you laughing all the way to the bank about the Wheat Prices?

Shoe on a different foot this time?

I blame it on corn speculators! Something must be done! (LOL - I hope you can detect the sarcasm!)
 
OT,

I watched this as well. But then their were several KS and OK groups sell, and they were end of Oct, first part of Nov delivery weighing around 650 lbs, and they were bringing around $1.10 or around $715
 
Yep- some of the northern cattle came back up-- Some all natural, black, October delivery 580 weight SD calves I saw go for $110.50-- some 610 weights- mixed colors for $1.09....
Some 450 lb mixed colors from Buffalo SD - were $116.50 (last year they'd have been closer to $1.50).....
Highest was some nice looking 710 wt blk weaned strs from Buffalo SD that brought $1.20....

Most were no saling them.....

Everything about $20+ off what they were this time last year....But with the uncertainty of fuel and corn prices we don't have any buyers out in the country offering contracts either like is usual...

I never thought there was that much of a discount for those southern calves :shock: I don't know how they can make it on those prices :???:

nortex-- Yes Alvin- thats one of the reasons I still am diversified and have wheat too....But just because I'm invested in one or the other doesn't make me lose my morals and ethics and support the government allowing manipulation of commodity markets- and hoarding by profiteers- be it in grains, beef, or in oil.....
As you can see with what happened with the government ethanol energy policy- there is no such thing as a "free market" anymore- its all dependent on government actions and inactions....
 
I never thought there was that much of a discount for those southern calves I don't know how they can make it on those prices
Click to expand...

Trucking costs to the feedlots are taken out when we sell calves. The closest feedlot and packer is a "fer piece".

Central Kansas is a tough 24 hour ride.

Just think, when a producer sells calves, he pays for shipping to the Midwest by being discounted.

When a consumer buys beef, he pays for the trip back down.
 
Don't worry OT, the Demos are riding to our rescue. Now they are ACTUALLY floating the idea of NATIONALIZING the refineries!!!!!!!!!

hugo-chavez.jpg


AND HUGO SAYS: "WAY TO GO, DEMOS!!!!!!!!"
 
I kinda figured the wreck was on when I read about flooding in the midwest. They can't raise retail beef prices high enough to compensate for their loss so they hammer the calf prices down. Its the same old song and dance we've been through before. Just time to stop all unnecessary spending and try to survive for awhile.
 
If we can hang on for 18 months to 24 months things will turn. The bottom line is that in the mean time, it will be a challenge.

The tough will survive, rest will whine.
 
At the sale today in AR, 6wt. crossbred steers low to mid 90's. Seamed alot cheaper this week. It's not looking to rosey for the cattleman in the future.
 
The guys feeding the cattle out have taken it in the shorts for going on 2 years, this year being the worse. I hate to see the price drop for the ranchers but we just can't pay anymore. There are many smaller operators around me that are getting out. We aren't buying any feeders till after October, and that might not happen either. The yards might stay empty.
 
feeder said:
The guys feeding the cattle out have taken it in the shorts for going on 2 years, this year being the worse. I hate to see the price drop for the ranchers but we just can't pay anymore. There are many smaller operators around me that are getting out. We aren't buying any feeders till after October, and that might not happen either. The yards might stay empty.
Click to expand...

How is it the packers can stay in the black?
 
If we had the prices you're quoting above we'd be happy to take them.

Here the word is that after July 15 anything goes. That's the latest deadline for getting in under the MCOOL wire. Who knows if it will be moved again, but when the announcement came out in January that the original deadline had already passed, it was bargain time at the sale barns here. We were giving them away up here, and they were heading south as fast as the trucks could get them there.

Now there's a new deadline, but the cattle are all pretty much already gone, so not too many are going to get a bit more for their calves between now and July. My thought is that there will be a whole bunch of cheap calves again in the fall before they announce a new deadline. In the meantime it's going to hurt.

Some here think that the finishing business in Western Canada could be on it's last legs. At least in the big feedlots. No one is sure what the future holds for any of us. Freight to Eastern Canada is deducted from our feeders, which lowers our calf price for domestic markets. Feed is through the roof. Inputs are too. The U.S. is doing it's best to shut us out of what has been a long term traditional market. Our BSE protocols add a lot of money to the cost of processing fats, which comes directly out of what we receive. (of course... who else would be expected to pay for it. :roll: :roll: :roll: ) It's just one thing after another.

We would be so happy to just have a ten or fifteen cent drop in calf prices to worry about. :? :? :? nortexsook, you say the tough will survive, the rest will whine.. All we have left now is the tough, and we're all getting pretty weary of it all. The whiners left a long time ago. :?

End of rant. Feeling better now. 8)
 
Could have received $7.00 for corn last weekend, but.....bins are empty and fields are flooded....so what good does that do? Won't make it on corn and the cattle are "sliding south" as well.....It seems "expenses" are MAJOR purchases these days.....I've been baling hay this week...it scares one to think what it costs to mow, rake and bale....
....even in these times I cling to the promise that God will never leave me or forsake me......He is in control :D
 
Central Fl Tuesday sell. Last year we were getting $117 for 60 lb calves.


Feeder Steers and Bulls Medium and Large 1-2
Wt Range Avg Wt Price Range Avg Price
160-185 170 170.00-200.00 178.60
210-245 228 134.00-145.00 139.08
260-295 272 126.00-132.00 128.00
305-315 308 118.00-128.00 123.46
400-440 428 100.00-105.00 101.79
450-465 458 97.00 97.00
503-535 511 91.00-94.00 91.78
550-595 563 88.00-91.00 90.25
605-610 608 87.00-88.00 87.50

Feeder Steers and Bulls Medium and Large 2-3
Wt Range Avg Wt Price Range Avg Price
220 220 114.00-120.00 117.00
255-290 282 110.00-120.00 115.28
300-345 316 107.00-116.00 112.10
355-390 373 95.00-104.00 99.08
400-445 426 87.00-96.00 92.82
455-495 469 86.00-93.00 90.48
505-545 528 85.00-89.00 86.46
555-580 567 81.00-87.00 83.05
600-640 613 81.00-86.00 84.61
665-680 670 82.00-88.00 83.99
710-725 717 71.00-81.00 75.70
 
Mike, I guess the packers are better marketers of their product than me. Also they have a good say so on their input costs. Oh well, everyone is getting kinda nervous in the agriculture sector, hope all will play out OK for everyone.
 
Captive supply is how packers stay in the black, in my opinion. If they don't get cattle bought at a price that they can make money with they pull from their own supplies and wait until next week and try again. After a few weeks, the price will drop a bit and they'll be back buying up what they can get while they're cheap. Cattle feeders make money when packers get caught short with their own supplies, which ain't all that often.
 

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