Testing the market

Discuss upcoming sales and sale results.
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hurleyjd
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Testing the market

Post by hurleyjd » Fri Jul 12, 2019 7:56 am

Will be testing the market today with 30 head of black steers and heifers. Probable about 700 lb average. That is my guess. Guess on price have no idea if they sell. Possible about maybe $1.10 per lb, just have to wait and see. Can tell you tomorrow.



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TennesseeTuxedo
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Re: Testing the market

Post by TennesseeTuxedo » Fri Jul 12, 2019 8:07 am

Good luck Hurley, unless they are rough you should do better than that.
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Re: Testing the market

Post by bird dog » Fri Jul 12, 2019 9:28 am

My guess $1.14 for the heifers $1.26 on the steers if your weight guess average is correct.

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Aaron
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Re: Testing the market

Post by Aaron » Fri Jul 12, 2019 2:06 pm

I'd be pretty disappointed with less than 1.30 on the steers.
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Re: Testing the market

Post by TCRanch » Fri Jul 12, 2019 2:23 pm

Agree, you'll probably do much better than that. Our Wed market was: steers, 600-700 $1.40 - 1.55, 700-800 $1.30 - 1.53, heifers, 600-700 $1.25 - 1.42, 700-800 $1.20-1.37.

Good luck!

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Re: Testing the market

Post by TennesseeTuxedo » Sat Jul 13, 2019 7:48 am

Well Hurley? What’s the verdict?
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Re: Testing the market

Post by hurleyjd » Sat Jul 13, 2019 10:07 am

Calves not as heavy as I thought 551 lb average.16550 lbs total. Net 1.24 lb after all deducts.Better than I thought but I am happy with the check.

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Re: Testing the market

Post by TennesseeTuxedo » Sat Jul 13, 2019 10:14 am

If you’re happy we’re all happy.

Personally I’d have expected 5 weights to have done better.
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Re: Testing the market

Post by TN Cattle Man » Sat Jul 13, 2019 10:20 am

This week in my part of the world, solid 5wts are bring $1.42 - $1.46/lb (medium & large 1 & 2's). Like TT said, as long as you're happy that is all that matters! Still a pretty good payday!!
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Re: Testing the market

Post by bird dog » Sat Jul 13, 2019 4:33 pm

There is always a freight discount compared to Kansas and feed lot country.

From the cattle report

Cash prices rose across all regions on Friday. The regional spread between the north plains and southern plains remained but narrowed. Prices were highest once again in the north where live prices were mainly at $115-116.50 and dressed sales $184-185 -- both gaining $1-2 dollars. In the south sales were mainly at $112 -- $3 higher than the previous week.



Renewed demand from beef sales will need to occur from the export markets that have fallen 5% short of last year's numbers. Most notably has been Hong Kong -- gateway to China. Also falling under last year is Japan where bilateral trade agreements are still lacking.

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Re: Testing the market

Post by hurleyjd » Sun Jul 14, 2019 7:59 am

http://winnsborolivestock.com/2019_market_reports

Here is the market report where sold. looks like I received the average price on the yearlings. Not the highest and not the lowest.

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