Page 1 of 2

Someone is optmistic

Posted: Fri Jul 14, 2017 8:00 pm
by Dave
I see on Superior that 4 weight steers and heifers off the high desert Winecup ranch brought over $2.00 a pound. And not just $2.01 but well over $2. I don't know how well these will work but it is good to see optimism from some buyers.

Re: Someone is optmistic

Posted: Fri Jul 14, 2017 11:01 pm
by Dave
Dave wrote:I see on Superior that 4 weight steers and heifers off the high desert Winecup ranch brought over $2.00 a pound. And not just $2.01 but well over $2. They sold 240 head of steers base weight of 410 for $2.3950 and 345 heifers with a 400 pound base weight for $2.0950. I don't know how well these will work but it is good to see optimism from some buyers.

Re: Someone is optmistic

Posted: Fri Jul 14, 2017 11:16 pm
by Smoothy
I thought the same Dave I saw some chars 5 and 6s bring deep in 1.60 range those were solid prices I thought.

Re: Someone is optmistic

Posted: Sat Jul 15, 2017 2:32 am
by Nesikep
One of my friends went to a sale last week and said 5wts were only just breaking a buck a pound.. what gives?

Re: Someone is optmistic

Posted: Sat Jul 15, 2017 6:22 am
by True Grit Farms
Nesikep wrote:One of my friends went to a sale last week and said 5wts were only just breaking a buck a pound.. what gives?


Someone doesn't know what their talking about.

Re: Someone is optmistic

Posted: Sat Jul 15, 2017 7:33 am
by TennesseeTuxedo
True Grit Farms wrote:
Nesikep wrote:One of my friends went to a sale last week and said 5wts were only just breaking a buck a pound.. what gives?


Someone doesn't know what their talking about.


Or they were selling some serious junk.

Re: Someone is optmistic

Posted: Sat Jul 15, 2017 9:19 am
by Stocker Steve
Talking heads are optimistic and there are some people who believe them. Grain and cattle have been trending up since last October. US dollar is trending down. China is stepping up purchases incase grains go higher. Oats and spring wheat are showing the biggest % increases. Who would have thunk it?

Very few people believe in "fundamentals" anymore. It is momentum and bilateral trade deals and AI algorithms and packer posturing.

Since no one really knows when or why volatility will happen next - - I think you are forced to know your break evens and lock in some profit when it is there.

Re: Someone is optmistic

Posted: Sat Aug 05, 2017 10:17 am
by Dave
Well they are still looking good. The wife's daughter and SIL sold two pot loads yesterday. They got $1.94 for the steers and $1.66 for the heifers. I did look real close at all the sale results but I did notice some steers over $2.00.

Re: Someone is optmistic

Posted: Fri Aug 11, 2017 8:17 am
by Smoothy
Dave do you know what average weight was?

Re: Someone is optmistic

Posted: Fri Aug 11, 2017 10:18 am
by Dave
Smoothy wrote:Dave do you know what average weight was?


Upper 4's, The steers were just under 500.

Re: Someone is optmistic

Posted: Fri Aug 11, 2017 10:29 am
by Cross-7
Dave wrote:Well they are still looking good. The wife's daughter and SIL sold two pot loads yesterday. They got $1.94 for the steers and $1.66 for the heifers. I did look real close at all the sale results but I did notice some steers over $2.00.


The heifers were way back from the steers

Re: Someone is optmistic

Posted: Fri Aug 11, 2017 11:52 am
by Dave
Cross-7 wrote:
Dave wrote:Well they are still looking good. The wife's daughter and SIL sold two pot loads yesterday. They got $1.94 for the steers and $1.66 for the heifers. I did look real close at all the sale results but I did notice some steers over $2.00.


The heifers were way back from the steers


I thought so too, but I would be happy at $1.66 for my heifers.

Re: Someone is optmistic

Posted: Fri Aug 11, 2017 11:57 am
by Smoothy
Yeah that's not terrible as cross said though that's a fairly heavy spread. Guess it's hard to judge without seeing them but still good for them with solid prices i would be grinning.

Re: Someone is optmistic

Posted: Fri Aug 11, 2017 5:40 pm
by Stocker Steve
Dave wrote:I thought so too, but I would be happy at $1.66 for my heifers.


A real optimist would retain his heifers... :nod:

Re: Someone is optmistic

Posted: Fri Aug 11, 2017 5:45 pm
by Dave
Stocker Steve wrote:
Dave wrote:I thought so too, but I would be happy at $1.66 for my heifers.


A real optimist would retain his heifers... :nod:


He might have thought about it but I am pretty sure the daughter in law would have killed him. Lots of space in that northern Nevada desert for a body to disappear into.