Sale Barn Prices

Discuss upcoming sales and sale results.
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Caustic Burno
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Re: Sale Barn Prices

Postby Caustic Burno » Thu Nov 16, 2017 4:59 pm

True Grit Farms wrote:
Caustic Burno wrote:Lot of cows dumped here this Tuesday

http://www.easttexaslivestock.com/market-reports/

https://www.agweb.com/mobile/article/th ... ted-press/
Guess this was mostly hoopla? Or just someone looking for freebies?
Can't find any numbers of how many cattle claims there was in Texas because of Hurricane Harvey.


Grit I am sure there were some losses I personally don’t know anyone that did like in Ike.
I think your on to something with the hoopla.
I forgot about GB he lost around a half dozen if I remember correctly.
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Re: Sale Barn Prices

Postby bball » Thu Nov 16, 2017 5:11 pm

Stocker Steve wrote:
bball wrote:I thought maybe the past few years strong calf prices prompted folks to hang onto some cows they normally would have culled...now that prices have 'corrected, there is an abundance of culls and the market is heavy with cows now??? Purely speculation.


I sold a bunch of that kind last fall for $850. Just have a few left.

One of the talking heads projected lower cull cow prices next year. He is expecting more steins going to McDonalds so they won't have to bring the McRib back again.

I called a big cattle buyer and asked what's up. He said there is value in (some) cows at these prices, and he felt bred prices were down partially because "money was tight." I had to think on that a little. If you want to buy cows based on grain farming profits (not), or on 2016/2017 cow/calf profits (depends a lot on when in the year you sold) - - then I think he has a good point.

So it is kind of like the stock market. We need some fresh money from outside investors to bid up the price of BM cows and chronic calves. :nod:


That is a very strong point. I confess I hadn't considered that, but it rings true.
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Re: Sale Barn Prices

Postby farmerjan » Thu Nov 16, 2017 11:09 pm

Cull cow prices here are down and there is alot of talk that some of it may have to do with the JBS mess. We are running in the 30's, 40's and low 50's for cows. Most everything here goes to JBS plants; don't have the choices like what some of you Texas guys are talking about. We are going to hold some over with their calves, got plenty of hay some left from last year that needs to be fed. Can supplement with 17% pellet for not too much. Grain is cheap comparitively; farmers are talking about how low the soybean prices are here.
Don't know if there is any right answer. Will watch heifer prices and if they get up some more, will ship some of them I guess. We have enough since we are still running 60-70% heifers born.. I'd sure like to buy some sexed BULL semen and breed some cows for bull calves. Been culling some but when we got .35 for a cow and .01 for another said next one will be hamburger. The one that brought .01 had absolutely nothing wrong. She'd had a dead calf, and we just decided to not keep and rebreed her. Had her a month and there was room on the trailer so she went on. Didn't have anyone watching the cull cows like we do the feeders. So no more cull cows until after the holidays anyway. Cost us to sell her. A dairy farmer I just milk tested said they sent one that had been open and couldn't get bred, not fat but decent flesh and she brought .07. She was plenty upset. The buyers are doing some "stealing" of these less than perfect, but not reject, cull cows here. Heard another person got .13 a week ago for a cow because she was limping. Used to be they would bring about .10 less than the average ones but not now. Said the same thing we said, next one will be hamburger. Got lots of family and friends that may be getting hamburger for Christmas.....
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Re: Sale Barn Prices

Postby Stocker Steve » Thu Nov 16, 2017 11:40 pm

I had 18 head on next weeks cull list. After this thread I took another look, and decided several should move to the one more calf list. I will protect the rest.
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Re: Sale Barn Prices

Postby Stocker Steve » Thu Nov 16, 2017 11:49 pm

bball wrote:So it is kind of like the stock market. We need some fresh money from outside investors to bid up the price of BM cows and chronic calves. :nod:


That is a very strong point. I confess I hadn't considered that, but it rings true.[/quote]

Got a call tonight asking if we have seen the bottom of the cattle price cycle and now is the time to buy young breds. Had to think on that too. Twice in one day...

The talking heads said beef production went up 4% last year and is expected to go up 4% this year. Based on the size of my herd, beef production will go up again in 2018. Milk prices are weak. Soooo

"sell the premium - - buy the discount" :cowboy:
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Re: Sale Barn Prices

Postby Stocker Steve » Thu Nov 16, 2017 11:54 pm

farmerjan wrote:Got lots of family and friends that may be getting hamburger for Christmas.....


Good plan!

I saw a headline saying JBS reported record profits???

May need to expand the nurse cow herd next spring.
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Re: Sale Barn Prices

Postby Brute 23 » Fri Nov 17, 2017 1:35 am

I sat in line on 2 loads this evening. Little over 30min on one load. It's going to be a big sale.
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Re: Sale Barn Prices

Postby Son of Butch » Fri Nov 17, 2017 2:07 am

Stocker Steve wrote:I saw a headline saying JBS reported record profits???

JBS received a huge windfall (multi-multi millions) in the trade agreement that Obama gifted them in August 2016.
Then to top it off it drove down slaughter prices they were paying in the USA widening their profit margins here.

Yes, I would expect from 2016 3rd quarter until the end of 2nd quarter 2017 JBS would have recorded the most
profitable 12 month period in the history of their company.
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Re: Sale Barn Prices

Postby Stocker Steve » Fri Nov 17, 2017 8:15 am

Son of Butch wrote:Bred Heifers 70 - 95 cents lb
My take away would be to sell all the feeder heifers you can now and buy back breds.


nice 6 wt heifers were $600 here a year ago
hard to cover even direct costs at these bred heifer prices
sounds like you better be selling big uns
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Re: Sale Barn Prices

Postby BC » Fri Nov 17, 2017 8:57 am

Packer cow prices are low because too many cows coming at one time. We do not have the capacity to kill that many cows at one time like we used to. At one time we had 14 cow processors here in Texas, now it like 6. Most of these have 3 to 4 days of kill standing there waiting and adding to the inventory every day. To top it off, the JBS plant up north that had the rodent problem has been offline for nearly a month. Cargill's plant in Pennsylvania has been getting the overflow from the JBS plant. You would be surprised how far an East Texas cow now has to go to be harvested as compared to 20 years ago.
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Re: Sale Barn Prices

Postby farmerjan » Fri Nov 17, 2017 1:54 pm

Yeah, the problem with that JBS plant being offline is what has thrown things off up here. Cargill is the other big buyer in this area so they are getting the overflow and again contributing to the low prices. Those are our 2 biggest buyers and when things don't go well there, we really pay for it. Holding these older cull cows won't hurt us too much, although I wanted to be rid of them before the possibility of "winter weather".
Bought an old cow with 135 lb calf by her side a week ago for $675.00. She weighs just shy of 1000 and in good flesh. Calf looking good and cow has milk. Couldn't pass it up. The bred cow sale a week ago had most bringing in the $1,000 to 1500 range. Had both bred heifers and bred cows. We didn't need any, but some were decent.
Having 6 plants in Texas is still better than what we deal with here. I think that after the holidays it will do better once the glut is gone. I think we are going to change our strategy a bit and start selling more cull cows in late spring or late summer when there isn't so many being shipped even if it means having to move some off pasture. And holding some that we would sell Oct/Nov until after the holidays. Just have to watch the market and see what happens.
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Re: Sale Barn Prices

Postby Dave » Sat Nov 18, 2017 11:19 am

I hear that they had over a 1,000 kill cows at Toppenish on Thursday. One of the kill cow buyer talked to the guy I was sitting beside. He said that he had bought 350 cows. It took a great cow to bring 60 cents.
I watched a great pen of bred heifers sell way too cheap. If I had anywhere to put them I would have bought them. 1150 pound black and baldie heifers out of Shaw and Thomas registered cows. They were bred to a low birth weight Thomas Angus bull to start calving March 8 for 45 days. They only got $1050. You darn sure can't raise them for that.
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Re: Sale Barn Prices

Postby Son of Butch » Sat Nov 18, 2017 1:14 pm

Dave wrote:I watched a great pen of bred heifers sell way too cheap. 1150 pound black and baldie heifers out of Shaw and
Thomas registered cows. They were bred to a low birth weight Thomas Angus bull to start calving March 8 for 45 days.
They only got $1050. You darn sure can't raise them for that.

91.30 cents a lb
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Re: Sale Barn Prices

Postby kenny thomas » Sat Nov 18, 2017 8:59 pm

kenny thomas wrote:I'm helping haul 100 cows and 50+ calves to the local stockyard,from one farm tomorrow. They won't sell until Friday night at a cow sale along with a 100 or more other cows. They will sell at whatever they bring. Bet they will be cheap.

Cows sold better than I expected last night. I got a few pairs averaging $1115. 3-5 year old with 250 lb calves. Pairs were from 700 to 1300. Bred cows from 500 to 1100.
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Re: Sale Barn Prices

Postby callmefence » Sat Nov 18, 2017 9:32 pm

Caustic Burno wrote:
True Grit Farms wrote:
Caustic Burno wrote:Lot of cows dumped here this Tuesday

http://www.easttexaslivestock.com/market-reports/

https://www.agweb.com/mobile/article/th ... ted-press/
Guess this was mostly hoopla? Or just someone looking for freebies?
Can't find any numbers of how many cattle claims there was in Texas because of Hurricane Harvey.


Grit I am sure there were some losses I personally don’t know anyone that did like in Ike.
I think your on to something with the hoopla.
I forgot about GB he lost around a half dozen if I remember correctly.


Hey CB
Look at the little tiger heifers 6 lines down in the first paragraph. :nod:

https://drive.google.com/file/d/1xWIcmt ... p=drivesdk
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