• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

The Reds weren't discounted yesterday!

B

BRG

Well-known member
Joined
Apr 20, 2005
Messages
1,962
Location
North Western SD
A good customer of ours sold a big group of replacement heifers yesterday at Philip Livestock, they were lighter than last year, but still had a huge demand. Here is how they sold.

97 head of 547 lbs heifers brought $119.50/cwt
45 head of the same weight brought $112.00/cwt
218 head of 480 lbs heifers brought $115.50/cwt
110 head of 471 lbs heifers brought $113.50/cwt


Right after these sold a very nice set of Black replacement heifers weighing the same brought $98/cwt. :)
 
It has never made sense to me to pay over market value for replacement cattle. What you pay for them usually has no bearing on how they turn out, the management after you own them can make or break them.

I'll take Soapweeds black heifers over those prices any day.
 
Einstein said:
any reasons why the reds are topping blacks?
Click to expand...

We are seeing this quite often the past couple years in our area and on the video sales. But this particular group is from a well known ranch that buys the best they can, and they have them in quantity. One reason why these heifers sold as well as they did is due to who was bidding on them. Both of this ranches Red Angus bull suppliers were on the seats bidding. We had 3 bids in our pocket and brought a guy with who actually bought 110 head. We were then contending bidder on 250 more. The other bull supplier bought about 300 head. We get quite a few calls for guys looking for replacement heifers, but the phones were busy for this ranch. We have a customer who will most likely top all sales in Mobridge this week. Lots of calls for them as well.
 
BRG said:
Einstein said:
any reasons why the reds are topping blacks?
Click to expand...

We are seeing this quite often the past couple years in our area and on the video sales. But this particular group is from a well known ranch that buys the best they can, and they have them in quantity. One reason why these heifers sold as well as they did is due to who was bidding on them. Both of this ranches Red Angus bull suppliers were on the seats bidding. We had 3 bids in our pocket and brought a guy with who actually bought 110 head. We were then contending bidder on 250 more. The other bull supplier bought about 300 head. We get quite a few calls for guys looking for replacement heifers, but the phones were busy for this ranch. We have a customer who will most likely top all sales in Mobridge this week. Lots of calls for them as well.
Click to expand...

Unfortunately, I bet a bunch of the red cattle back out of tomorrow's sale, with the storm coming in. I am not sure when some will go, as they have been waiting for better than three weeks to get out. It seems storms like to move in on Wednesday night/Thursday morning. Not that we are turning down the moisture, but I know folks would sure like to get calves shipped too.

Cheers---

TTB :wink:
 
BRG said:
Einstein said:
any reasons why the reds are topping blacks?
Click to expand...

We are seeing this quite often the past couple years in our area and on the video sales. But this particular group is from a well known ranch that buys the best they can, and they have them in quantity. One reason why these heifers sold as well as they did is due to who was bidding on them. Both of this ranches Red Angus bull suppliers were on the seats bidding. We had 3 bids in our pocket and brought a guy with who actually bought 110 head. We were then contending bidder on 250 more. The other bull supplier bought about 300 head. We get quite a few calls for guys looking for replacement heifers, but the phones were busy for this ranch. We have a customer who will most likely top all sales in Mobridge this week. Lots of calls for them as well.
Click to expand...


sounds like it could be a geographical sweet spot or maybe well managed cattle and genetics
 
Turkey Track Bar said:
Einstein said:
any reasons why the reds are topping blacks?
Click to expand...

By the way, welcome aboard Einstein...it'll be nice to have another genius here... :lol: :wink: :lol:

Cheers---

TTB :wink:
Click to expand...

thanks! want me to explain a little about my theory of general relativity?


:oops: :oops: :oops:
 
Einstein said:
Turkey Track Bar said:
Einstein said:
any reasons why the reds are topping blacks?
Click to expand...

By the way, welcome aboard Einstein...it'll be nice to have another genius here... :lol: :wink: :lol:

Cheers---

TTB :wink:
Click to expand...

thanks! want me to explain a little about my theory of general relativity?


:oops: :oops: :oops:
Click to expand...


Soooo you are an alias??
 
Faster horses said:
Welcome Einstein. Interesting name you
have there. Who are you and where are you?

Welcome to ranchers.
Click to expand...

thanks! after i wrote the unification of gravity theory, i had to take my theory and hide out for about 60 years. you could say i am about as dead as a duck right now. i also figured out how to live a very long time.

:lol:
 
katrina said:
Faster horses said:
Welcome Einstein. Interesting name you
have there. Who are you and where are you?

Welcome to ranchers.
Click to expand...

fh!!!!
Give the guy a break!!! Two post and your getting mighty nosy there ole girlfriend.... :twisted: :P :twisted:
Click to expand...

i don't mind. it is all classified anyway.
 
BRG said:
A good customer of ours sold a big group of replacement heifers yesterday at Philip Livestock, they were lighter than last year, but still had a huge demand. Here is how they sold.

97 head of 547 lbs heifers brought $119.50/cwt
45 head of the same weight brought $112.00/cwt
218 head of 480 lbs heifers brought $115.50/cwt
110 head of 471 lbs heifers brought $113.50/cwt


Right after these sold a very nice set of Black replacement heifers weighing the same brought $98/cwt. :)
Click to expand...

Those red heifers at Philip brought some pretty impressive prices.

Valentine on October 22nd had a real good sale, also, with Red Angus heifers being the stars of the show. Here were a few results of red replacement heifers:

26 head 606 pounds @ $740 per head ($122.00 per cwt)
22 head 567 pounds @ $640 per head ($112.90 per cwt)
45 head 547 pounds @ $595 per head ($115.75 per cwt)
61 head 548 pounds @ $650 per head ($118.60 per cwt)
18 head 543 pounds @ $630 per head ($116.00 per cwt)

Some of the black Angus heifers didn't sell too badly, either:

97 head 527 pounds @ $600 per head ($113.85 per cwt)
61 head 539 pounds @ $555 per head ($103.00 per cwt)
18 head 546 pounds @ $610 per head ($105.90 per cwt)
34 head 547 pounds @ $545 per head ($ 99.65 per cwt)

I am quite happy with the 61 head of black heifers that I purchased on October 15th, which averaged 581 pounds @$94.34 per cwt, or $548.50 per head.
They appeared to be a bargain looking back a week later. :wink:
 
Excellent prices for this fall.........reputation replacement cattle will sometimes see the heifers outselling the steers. What kind of commission rates are US markets charging for selling cattle this fall?
 

Latest posts

Back
Top