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Calf prices

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Shepard said:
Nobody ever went broke making a proflt.
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But didn't Warren Buffett say "but nobody ever got really rich taking a profit"?

Meaning you got to be "in it to win it"!
 
wdcook said:
549# strs brought $1.5925

478# strs $1.6975

538# hfrs $1.46

458# hfrs $1.4625

Hope the buyers make money but I'll take the money and run. Just two blks to bank and made it w/o being robbed.
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felt I needed a shotgun hauling a couple pallets of sisil twine home the other day guess it did say gold on the bales wrapping :eek:
 
redrobin said:
Black Out said:
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!
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What are they going to weigh black out? Almost limit up today. You're fixing to kill a bear. :lol:
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Redrobin I am hoping one load will weigh 900# and the other 850# but I was looking at them tonight and they may not be quite that heavy. It is hot and humid right now and all they want to do is find a shade tree. Or wallow around in a water hole.
 
Black Out said:
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!
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Are you glad you held them? :lol:

No recent test for an accurate market comparison a trend will
not be given. Demand was very good for all offerings with a full
house of buyers for the first and second day of the Annual BBQ
Auction, selling 7213 head of yearling heifers and fall calves
the first day and 5640 head of yearling steers the second day.
Many loads of reputation Sandhill offerings with age and source
verification. Receipts consisted of 72 percent steers, 28 percent
heifers, with 87 percent weighing over 600 pounds.
Next Sale Dates: July 20th Bred Fall Cow Auction
July 27th Feeder Cattle Auction

Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
18 385-395 392 178.00-183.50 180.17
25 435 435 181.50-182.50 182.22
47 460-490 476 172.50-175.00 173.38
146 500-540 524 165.25-174.50 167.32
381 555-595 584 158.00-168.50 162.88
454 600-645 629 155.00-167.00 160.58
688 650-690 674 147.50-159.50 154.14
422 700-745 718 145.85-157.50 152.48
287 750-775 764 145.00-149.00 147.55
65 785 785 133.75 133.75 Full
457 800-835 811 137.25-147.50 143.08
913 855-890 869 132.75-142.00 139.01
2635 910-945 930 134.25-140.10 138.27
59 940 940 128.00 128.00 Full
1074 950-985 958 136.25-139.00 137.10
166 1025 1025 130.25 130.25
 
redrobin said:
Black Out said:
redrobinYes!
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!
Click to expand...

Are you glad you held them? :lol:

No recent test for an accurate market comparison a trend will
not be given. Demand was very good for all offerings with a full
house of buyers for the first and second day of the Annual BBQ
Auction, selling 7213 head of yearling heifers and fall calves
the first day and 5640 head of yearling steers the second day.
Many loads of reputation Sandhill offerings with age and source
verification. Receipts consisted of 72 percent steers, 28 percent
heifers, with 87 percent weighing over 600 pounds.
Next Sale Dates: July 20th Bred Fall Cow Auction
July 27th Feeder Cattle Auction

Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
18 385-395 392 178.00-183.50 180.17
25 435 435 181.50-182.50 182.22
47 460-490 476 172.50-175.00 173.38
146 500-540 524 165.25-174.50 167.32
381 555-595 584 158.00-168.50 162.88
454 600-645 629 155.00-167.00 160.58
688 650-690 674 147.50-159.50 154.14
422 700-745 718 145.85-157.50 152.48
287 750-775 764 145.00-149.00 147.55
65 785 785 133.75 133.75 Full
457 800-835 811 137.25-147.50 143.08
913 855-890 869 132.75-142.00 139.01
2635 910-945 930 134.25-140.10 138.27
59 940 940 128.00 128.00 Full
1074 950-985 958 136.25-139.00 137.10
166 1025 1025 130.25 130.25
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Yes ,even made my banker smile! :D :D :D
 
Big Swede said:
Sold the rest of my steers today. I would call the market steady even though the futures on feeders were up $2 today. My tailenders weighed 553# at $152.00. I remember when you prayed your biggest and best would bring that many dollars per head. My advice for what it's worth, SELL SELL SELL. The acreage battle is just around the corner. Corn could go even higher. Can cattle keep following? Maybe. Good luck.
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From todays point of view, your cattle were cheap. Any market predictions this year?
 
I was very happy with the price of feeder cattle last year. I am very happy with the price of feeder cattle now too. The weather in the corn belt in the next 6 months will dictate if corn goes to $8 or $5 or even lower. I believe the breakeven price for most farmers is around the $5 mark the way the price of inputs have gone up recently. I don't remember a time when the price of corn doubled in price and the price of feeder cattle followed them higher like it has in the last couple of years. We are truly living in very volatile times. That wasn't much of a prediction was it? :? :wink:
 
Black Out said:
I coudn't hold out to July this year sold a load of steers Wed. weighed 696# and brought $179.50 I hate to predict if it will go higher or lower but right now I am satisfied. :lol:
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:lol: Chicken.
 
Very interesting reading and reminising over the last couple years. Still miss NR. My prediction for corn is the same as last year at this time. Could be $5 or $8 depending on the weather. I didn't realize it until I read it but my tailend steers this year brought exactly what they did 2 years ago. Interesting. Personally I have a feeling that the drought area is shrinking. At least some areas are getting some moisture this winter. Maybe the pattern is changing?

Cattle market is soft, can't quite figure where it's headed. A wet spring in the great plains and things will explode in my opinion.
 
After seeing the calf price thread I thought I'd bring this up for perspective. I still think cattle are headed higher. I could be wrong. :lol:
 
You could be right. Around here we have cheap corn and cheap hay and the cattle numbers are lower. I wonder, however, if we aren't shooting ourselves in the foot though. It sounds as if beef consumption is down and chicken is up. Will we price ourselves out of the market? I'd rather it level off so we could retain our market. It does seem like only the feed prices are lower though, other expenses keep climbing. I guess it has always been that way but it seems too bad that one sector of agriculture has to make their money from another sector of agriculture (feed producers).
 
A factor in prices not often discussed is the fact that more and more people in what we think of as 'third world' nations are getting a strong desire for high quality beef, and are willing to pay the costs for it.

While some, even beef producers, complain of 'sending our best meat overseas and leaving the lower quality here', I like being able to sell quality for a fair price! And it seems there still is a lot of high quality beef sold in the USA.

mrj
 
Kearney, NE Wed Apr 23, 2014 USDA-NE Dept of Ag Market News

Bassett, NE - Bassett Livestock Auction
Feeder Cattle Weighted Average Report for 04/23/2014

Receipts: 3140 Last Week: 0 Year Ago: 0

No recent test of market for an accurate comparison, a trend
will not be given. Demand was good for all offerings, with
not many buyers in the seats today. Receipts consisted of 62
percent steers, 38 percent heifers, with 52 percent weighing
over 600 pounds.
Next Auction Dates: May 7th and 21st Breeding Cattle Auctions


Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
21 355-380 372 275.00-285.00 281.82
15 405-415 410 266.00-268.00 266.95
100 455-475 462 261.00-271.50 266.52
333 510-545 532 240.00-249.00 244.45
105 580-595 586 221.00-235.00 229.09
100 565 565 239.50 239.50 Fancy
313 600-625 615 220.00-227.00 224.13
236 650-695 678 199.00-205.00 204.34
108 700-745 733 186.00-193.00 187.97
82 755-770 767 179.00-190.75 188.78
9 770 770 174.00 174.00 Fleshy
58 805 805 169.00-178.00 171.48
159 855-890 886 157.50-164.75 160.02

Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
8 315 315 295.00 295.00
10 390 390 250.00 250.00
30 460-485 467 230.00-251.00 245.18
11 535 535 216.00 216.00
12 535 535 222.00 222.00 Yearlings
24 670 670 190.50 190.50
70 780 780 172.50 172.50
 

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