burnt
Well-known member
You may find that you will need a big crop to stay ahead of the expenses! :?
Calf prices
- Thread starter Big Muddy rancher
- Start date
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Northern Rancher
Well-known member
I doubt ever in recorded history that Canada has had a strong $, high grain prices and high cattle prices and lots of hay around all at the same time. I bought $900 U'S for some travelling money yesterday and it cost me $.81 not the $400 it would of cost me back in the day. I had a credit card act up on our first trip to Farmington so like to have some real money just in case. My conversation with support was pretty interesting after three of us had lived on a dozen hot dogs and a loaf of bread for three days. We just sold about 2/3 of our cows yesterday-between the market and the Dr. report I figured maybe that was best. We'll breed a load or so of heifers just in case the sawbones was wrong.
BRG
Well-known member
burnt said:
I know what the seed, spray, planting, and harvesting costs are. I have the manure and will spread ourselves for the fertilizer. Our land costs are cheap compared to farm country, and I know what that is as well. It may sound crazy, but if we only get a 65 bushel yield, we will be ahead of the game, compared to buying $6 corn.
nortexsook
Well-known member
How far west do they grow corn in South Dakota?
Do you use the corn in your feed ration for your bulls?
Do you use the corn in your feed ration for your bulls?
BRG
Well-known member
nortexsook said:
They grow it further west than we are. Our area is REALLY sandy and pretty dry. But our neighbors plant corn so I think we should be able to as well.
Yes, we do feed a little corn to our bulls. Most of their grain comes from distillers though.
littlejoe
Well-known member
Northern Rancher said:
I go north a lot---your $ is worth 1.0247 at this moment---up .08%---you shoulda got extra---but no matter which way you cross, somebody wants to hose ya'---sending a check recently, they wanted 3% over actual posted rate, a wire was worse----
Northern Rancher
Well-known member
Ohh I know they hose you but it's a kindler gentler type of screwing lol.
Soapweed
Well-known member
Weigh-up cows sold quite well in Valentine today. I took ten open cows that averaged 1330 pounds per head @ $81.90 per cwt, to bring $1088.82 each. Costs other than the ride in our stock trailer averaged $14.36 per head, so the net check was $1074.45 per cow.
Here is the break-down:
3 blk cows - ave 1458# - 84.25 - ave $1228.65
3 blk cows - ave 1276# - 80.00 - ave $1021.33
2 blk cows - ave 1285# - 86.50 - ave $1111.75
1 blk cow - 1260# - 72.00 - $907.20
1 blk cow - 1260# - 80.00 - $1008.00
It gave me a little bull buying money for later in the day. :wink:
Here is the break-down:
3 blk cows - ave 1458# - 84.25 - ave $1228.65
3 blk cows - ave 1276# - 80.00 - ave $1021.33
2 blk cows - ave 1285# - 86.50 - ave $1111.75
1 blk cow - 1260# - 72.00 - $907.20
1 blk cow - 1260# - 80.00 - $1008.00
It gave me a little bull buying money for later in the day. :wink:
Faster horses
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Congratulations!! Bet it was fun watching them sell.
So now, tell us about the bulls.
So now, tell us about the bulls.
Soapweed
Well-known member
Faster horses said:
I missed getting to watch them sell. Dinner and visiting seemed more important at the time. It was fun picking up the check.
Faster horses said:So now, tell us about the bulls.
They are black Angus. :wink: I'll try to take some photos at some point.
Big Swede
Well-known member
I was watching the sale on the internet Soap, I heard your name mentioned.
nortexsook
Well-known member
New game plan? Or are these still cheap yearling bulls?
Soapweed
Well-known member
Big Swede said:
nortexsook said:
Due to not planning to buy any bulls, I didn't get a buyer's number. Towards the end of the sale some real nice bulls were selling rather reasonable so I ended up buying five. Two of the five weren't even registered, but this fact will not be of any concern to my cows. :wink:
Two of the registered bulls are sired by OCC Legend 616L (one of these has a Pathfinder mother), and the other bull is a son of Connealy Freightliner. They look good and are in just right condition to go to work in another six weeks or so.
redrobin
Well-known member
http://www.farmfutures.com/story.aspx/livestock/call/by/john/otte/22/33817
Nationwide auction receipts were fairly light (22% less than the same week a year ago) and the year-to-date totals are now 8.5% lower than the five-year average, despite early sell-offs this year as producers took advantage of lofty prices.
Milestones were reached again last week. But talk of record breaking price levels are starting to sound like a broken record.
We have now moved to a whole new tier or echelon of cattle market levels with the average feeder steer worth just over $1,000 per head (750 lbs times the CME Index) and the average finished steer (829 lbs. dressed) selling for $1,650 per head.
Needless to say, cattlemen are enjoying this run-up in price levels. But this inflation has been accompanied by higher inputs and costs of production. It simply costs more money to own cattle of any class. Luckily, futures contracts have kept up with the cash market and cattle feeders can still hedge their investment, albeit at much higher levels than ever before.
Many drafts of feeder cattle sold in auctions across the country brought a resounding response of ooohs & aaahs from the crowd last week. The Hub City Livestock Auction in Aberdeen, SD sold a fancy load of 945 lb. steers at $134 on Wednesday. The Torrington, WY Livestock Commission sold a similar load weighing 620 lbs. for $161 and a package of thin 528 lb. steers at $187. Not long ago these quotes would have seemed like an April Fool's joke.
Nationwide auction receipts were fairly light (22% less than the same week a year ago) and the year-to-date totals are now 8.5% lower than the five-year average, despite early sell-offs this year as producers took advantage of lofty prices.
Milestones were reached again last week. But talk of record breaking price levels are starting to sound like a broken record.
We have now moved to a whole new tier or echelon of cattle market levels with the average feeder steer worth just over $1,000 per head (750 lbs times the CME Index) and the average finished steer (829 lbs. dressed) selling for $1,650 per head.
Needless to say, cattlemen are enjoying this run-up in price levels. But this inflation has been accompanied by higher inputs and costs of production. It simply costs more money to own cattle of any class. Luckily, futures contracts have kept up with the cash market and cattle feeders can still hedge their investment, albeit at much higher levels than ever before.
Many drafts of feeder cattle sold in auctions across the country brought a resounding response of ooohs & aaahs from the crowd last week. The Hub City Livestock Auction in Aberdeen, SD sold a fancy load of 945 lb. steers at $134 on Wednesday. The Torrington, WY Livestock Commission sold a similar load weighing 620 lbs. for $161 and a package of thin 528 lb. steers at $187. Not long ago these quotes would have seemed like an April Fool's joke.
Black Out
Well-known member
redrobin
Yes I still have them, two loads of steers are scheduled to be sold on July 14th at Bassett livestock in Bassett Ne. Hope I need bodyguards!
Yes I still have them, two loads of steers are scheduled to be sold on July 14th at Bassett livestock in Bassett Ne. Hope I need bodyguards!
