Is now a good time to buy?

Discuss upcoming sales and sale results.
User avatar
BK9954
GURU
GURU
Posts: 1249
Joined: Wed Mar 04, 2015 9:15 pm
Location: Central Texas

Is now a good time to buy?

Postby BK9954 » Thu Oct 27, 2016 11:53 pm

Well, I,bought high and lost my aurph. What about now, auction buying a good option?
0 x
"Those who fail to learn from history are doomed to repeat it" Winston Churchill

User avatar
skyhightree1
Mentor
Mentor
Posts: 17633
Joined: Wed Sep 09, 2009 12:11 am
Location: Free Rent ,VA

Re: Is now a good time to buy?

Postby skyhightree1 » Fri Oct 28, 2016 5:48 am

That's my plan..i bought a few breds so far... I just will only buy breds or pairs no calves.
0 x
Oh Great Spirit, who made all races,look kindly upon the whole human family and take away the arrogance and hatred which separates us from our brothers.

User avatar
RanchMan90
GURU
GURU
Posts: 1171
Joined: Thu May 19, 2016 1:07 pm
Location: Southeast Oklahoma

Re: Is now a good time to buy?

Postby RanchMan90 » Fri Oct 28, 2016 6:46 am

The timing is fair being near the bottom of the cycle, while not knowing it's duration. Did you watch Lockhart yesterday?
0 x
The secret to getting ahead is getting started ~ Mark Twain

User avatar
BK9954
GURU
GURU
Posts: 1249
Joined: Wed Mar 04, 2015 9:15 pm
Location: Central Texas

Re: Is now a good time to buy?

Postby BK9954 » Fri Oct 28, 2016 7:47 am

No had to work all day.
0 x
"Those who fail to learn from history are doomed to repeat it" Winston Churchill

angus9259
GURU
GURU
Posts: 2688
Joined: Sun Dec 02, 2007 8:29 am
Location: Michigan

Re: Is now a good time to buy?

Postby angus9259 » Fri Oct 28, 2016 11:17 am

BK9954 wrote:Well, I,bought high and lost my aurph. What about now, auction buying a good option?


I assume you know auction buying - if so - then it might be the right time. Especially if you're in an area like me where feed is cheap.

That said, I was talking with my vet who is a reg simmi breeder. She'll be taking some breds to the sale this fall. She picks out all the ones she doesn't want. They will be bred and probably look pretty good - but there's a reason they are at the sale barn and not selling private. next spring (I'm a fall calver), I will do they same. If you can find a dispersal you'd be much better off than the sale barn. If it were me, I'd add $300-500 to each animal and try and buy some private. Still a good time to buy and maybe your odds of not getting someone else's problem goes up.

HOWEVER - as I said before - if you know sale barns and know how to deal with buying the stuff the other person didn't want..... go for it.
0 x

User avatar
TCRanch
GURU
GURU
Posts: 2145
Joined: Wed Jun 10, 2015 9:21 am
Location: Winfield, KS

Re: Is now a good time to buy?

Postby TCRanch » Fri Oct 28, 2016 6:45 pm

I retained some additional heifers last year to sell as bred to a neighbor & he ran into some financial issues, backed out. These girls are pelvic measured, fully vaccinated, already have magnets, hand feeders, easy to work, bred to a registered calving ease bull . . . no way am I taking them to the Sale Barn and I'd post ads for private treaty but don't want to deal with tire-kickers. Sooooo calving out heifers this spring will be three times as fun. :banana:
0 x

Cross-7
GURU
GURU
Posts: 1853
Joined: Mon Nov 16, 2015 4:22 pm
Location: SW OK

Re: Is now a good time to buy?

Postby Cross-7 » Fri Oct 28, 2016 7:11 pm

Sale today thin weigh cows @.40
Fleshy weigh cows @ .55
SS 2nd and 3rd trimester around 800
Didn't really see any good young cows

I figure come November/December it won't be pretty.

1.00 fats don't give much hope.

Lots of people holding heifers cause they're cheap.
0 x

User avatar
True Grit Farms
GURU
GURU
Posts: 4110
Joined: Mon Jan 04, 2016 5:29 pm
Location: Middle Georgia

Re: Is now a good time to buy?

Postby True Grit Farms » Fri Oct 28, 2016 7:51 pm

The owner of a sale barn I use believes it's going to get worse before it gets better, I sure hope he's wrong. He has 350 head on feed and is needing to move them, bad. He told me he literally lost the farm in 94 to this same kind of cattle deal. Good feeder steers are bringing $1.05 @ 500 lb, thin, spotted or something with horns and not a steer is bringing as low as $.60 @ 500 lb.
The crappy cattle are getting a really crappy price.
0 x
If we'd of know this we'd of picked our own cotton.

WalnutCrest
GURU
GURU
Posts: 2160
Joined: Thu Jan 02, 2014 10:01 pm
Location: Northeast KS (USA)
Contact:

Re: Is now a good time to buy?

Postby WalnutCrest » Fri Oct 28, 2016 10:24 pm

Two Mondays ago 3wt and 4wt steers were 120-130.

Last Monday, they were 125-140.

I think I'm selling a few Monday.
0 x
Fullblood Aubrac & Mashona Cattle

Stocker Steve
GURU
GURU
Posts: 7135
Joined: Mon May 02, 2005 8:28 am
Location: Central Minnesota

Re: Is now a good time to buy?

Postby Stocker Steve » Sat Oct 29, 2016 12:55 am

It's almost always a good time to buy.
The question is what?
0 x
Stocker Steve

Stocker Steve
GURU
GURU
Posts: 7135
Joined: Mon May 02, 2005 8:28 am
Location: Central Minnesota

Re: Is now a good time to buy?

Postby Stocker Steve » Sat Oct 29, 2016 1:00 am

I sold last week,
and I bought last week.
0 x
Stocker Steve

kilroy60
Cowhand
Cowhand
Posts: 165
Joined: Fri Nov 27, 2015 6:58 am

Re: Is now a good time to buy?

Postby kilroy60 » Sat Oct 29, 2016 5:56 am

I'd buy if I new we had enough hay to get through winter. I have enough hay now and could possibly pick up a few more head but not sure what lies ahead.
0 x

User avatar
dieselbeef
GURU
GURU
Posts: 5513
Joined: Mon Sep 04, 2006 9:55 am
Location: myakka city fl

Re: Is now a good time to buy?

Postby dieselbeef » Sat Oct 29, 2016 6:16 am

well it sure aint a good time to sell so maybe try buying
0 x
Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe."
einstein


sooner or later im gonna be all beefmasters...probly be later

User avatar
skyhightree1
Mentor
Mentor
Posts: 17633
Joined: Wed Sep 09, 2009 12:11 am
Location: Free Rent ,VA

Re: Is now a good time to buy?

Postby skyhightree1 » Sat Oct 29, 2016 6:35 am

dieselbeef wrote:well it sure aint a good time


You got that exactly right
0 x
Oh Great Spirit, who made all races,look kindly upon the whole human family and take away the arrogance and hatred which separates us from our brothers.

ClinchValley
Trail Boss
Trail Boss
Posts: 459
Joined: Mon Jan 11, 2016 10:28 am
Location: East Tennessee

Re: Is now a good time to buy?

Postby ClinchValley » Mon Oct 31, 2016 9:02 am

I expect things to get even cheaper in this area. Due to drought and poor hay harvests I expect people to be forced to cut numbers.

As angus9259 said, it's going to be a lot of junk. I doubt my ability to sort through the junk so I have been buying off the farm. Getting good(my opinion) youngish breds for less than $1000. Got a nice 3 n 1 Simmi for $900 and 16 rolls of hay.

I have hit the pause button myself, in hopes they get even cheaper. Hopefully i didn't pull the trigger too soon on what i have brought home…

Skyhightree1 - How did hay do in VA this year?
0 x
I am forever in the pursuit of more knowledge and wisdom. For I will always be "green."


Return to “Cattle Sales”

Who is online

Users browsing this forum: No registered users and 3 guests