Prices,Prices,Prices

Discuss upcoming sales and sale results.
User avatar
skyhightree1
Mentor
Mentor
Posts: 17739
Joined: Wed Sep 09, 2009 12:11 am
Location: Free Rent ,VA

Prices,Prices,Prices

Postby skyhightree1 » Tue Jul 28, 2015 9:06 pm

one of the top producing barns here has dropped #2 4wt steer prices by almost .70 cents a lb. Is anyone else seeing this happening? Calves are dropping pretty rapidly in general it appears but breds and slaughter cattle seem to be holding pretty good .. Pairs are still fairly good too.
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
kenny thomas
GURU
GURU
Posts: 7180
Joined: Sun Nov 16, 2008 7:16 pm
Location: SW tip of Virginia

Re: Prices,Prices,Prices

Postby kenny thomas » Tue Jul 28, 2015 9:11 pm

Maybe not that much but they are cheaper. Watch for the breds and the pairs to go down in the next week or so if this continues.
0 x
My thoughts only, don't bet the farm on them. KT

Some people know people, who know people, who aren't very nice people and you could get a visit from them someday. So be good people.

User avatar
skyhightree1
Mentor
Mentor
Posts: 17739
Joined: Wed Sep 09, 2009 12:11 am
Location: Free Rent ,VA

Re: Prices,Prices,Prices

Postby skyhightree1 » Tue Jul 28, 2015 9:36 pm

kenny thomas wrote:Maybe not that much but they are cheaper. Watch for the breds and the pairs to go down in the next week or so if this continues.


lburg has dropped about 50 cents in 2 weeks.. I'm going to barn tomorrow to see what I find. Do you think they will go up before winter?
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
Son of Butch
GURU
GURU
Posts: 3914
Joined: Mon Aug 30, 2010 6:44 pm
Location: Frost Bite Falls, Minnesota

Re: Prices,Prices,Prices

Postby Son of Butch » Tue Jul 28, 2015 10:42 pm

Fats just keep slip sliding away. Last year the high for the year was set on July 31st and we sold holsteins for 150.75
Month after month prices have been slowly drifting lower.
Yesterday sold holstein fats for 134.75 and rang the bell with black simmentals at 143.00 for the local high of the day.
Feeders will have to follow.
0 x

Tim/South
Rancher
Rancher
Posts: 761
Joined: Fri Jan 20, 2012 6:53 pm
Location: North Central Alabama

Re: Prices,Prices,Prices

Postby Tim/South » Tue Jul 28, 2015 11:45 pm

Fat prices have been slipping for a while. Feed lots are afraid to buy the high priced replacements. Stocker operators have to take what $ they can get to keep some cash flow and hold onto the feeders they can in hopes of a better market. Stocker operators can not afford to pay high prices for calves if they are not getting a good prices for their cattle ready to go on feed.
Our prices here in the southeast always drop some in the summer. Good calves bring a little more than the common calves. Some reports of mortality from summer calves from the southeast being as high as 10%.
Prices should begin to pick up the closer we get to Labor Day. The calf market will usually be flooded in October and prices will drop a tad. Buyers will be a little more picky.
0 x
“You cannot get the water to clear up
Until you get the pigs out of the creek.”

User avatar
Bigfoot
Mentor
Mentor
Posts: 11125
Joined: Mon Jan 16, 2012 6:31 pm
Location: Kentucky

Re: Prices,Prices,Prices

Postby Bigfoot » Tue Jul 28, 2015 11:49 pm

Yaw are scaring me. Stop it.

I haven't checked any local reports, but I would think I would have already heard if they opened that much down.
0 x
A tumble bug makes a hard livin. Why? Cause that's just the way be nice is.

Tim/South
Rancher
Rancher
Posts: 761
Joined: Fri Jan 20, 2012 6:53 pm
Location: North Central Alabama

Re: Prices,Prices,Prices

Postby Tim/South » Wed Jul 29, 2015 12:05 am

Beef is not moving well on the retail end. I have not seen beef specials in a long time. See a lot of chicken and pork specials advertised in the little flyers.
The consumer eventually decides the demand for beef. Slaughter numbers remain about the same each week, 535K to 540K. A lot more fat cattle are being kept on feed longer adding another 30 lb. of yield. This has helped make up for the number difference.
I saw some cattle ready to go on feed listed for $209 cwt. They were $241 cwt. five months ago.
The latest USDA report says cattle numbers are on the rebound and possibly a little ahead of schedule. Kind of takes the urgency out of the equation.
Imports are also up now that COOL is history for beef. (I have always believed beef should be labeled North American as Mexican and Canadian cattle fed in the U.S. are no different)
Now China's stock market decided to take a nose dive.
I see most of these reasons for decline as short lived and will hold on until prices increase.
0 x
“You cannot get the water to clear up
Until you get the pigs out of the creek.”

Ojp6
Trail Boss
Trail Boss
Posts: 488
Joined: Wed Feb 25, 2015 3:34 am
Location: Tennessee

Re: Prices,Prices,Prices

Postby Ojp6 » Wed Jul 29, 2015 12:59 am

Bigfoot wrote:Yaw are scaring me. Stop it.

I haven't checked any local reports, but I would think I would have already heard if they opened that much down.


Prices were ok in Guthrie last week but not great because Jeff didn't bid on hardly anything, probably didn't buy 20 hd.

Calves tanked bad in Carthage Saturday, had some good black weaned steers weighing light fives for 2.30 to 2.42. Had some 6 weight bulls in the 1.80s. Prices were up pretty good Monday though.
0 x
If you want total security, go to prison. There you're fed, clothed, given medical care and so on. The only thing lacking is freedom - Dwight Eisenhower

User avatar
Supa Dexta
GURU
GURU
Posts: 1780
Joined: Mon Dec 22, 2014 6:33 am
Location: Eastern Canada

Re: Prices,Prices,Prices

Postby Supa Dexta » Wed Jul 29, 2015 5:25 am

Who's kept heifers back? Oh right, nearly everyone...

'USDA also released the July 1 cattle inventory showing total cattle up over 2 million head with cows up 700,000. Other features of the report confirmed the expansion at every level of cattle numbers. More yearling outside feedyards [up 700,000 head], more calves [calf crop up 400,000 head].'
0 x

denvermartinfarms
GURU
GURU
Posts: 6181
Joined: Tue Jan 25, 2011 11:06 pm
Location: Ava mo

Re: Prices,Prices,Prices

Postby denvermartinfarms » Wed Jul 29, 2015 5:41 am

Nothing off to bad here, light unweaned calves hurting some, but I wouldn't expect anything different right now. There's been some 5wts I the high 2.60s right up to 2.90$. Some 6wts still in the 2.50s.
0 x
This world is not my home i'm just passing through

User avatar
M-5
GURU
GURU
Posts: 5577
Joined: Sat Feb 14, 2015 4:41 pm
Location: AT the FLORIDA STATE line checking papers

Re: Prices,Prices,Prices

Postby M-5 » Wed Jul 29, 2015 6:58 am

here is our last 2 weeks, bull and steers down, Heifers up.
Image
0 x
"Too often we enjoy the comfort of opinion without the discomfort of thought." JFK

User avatar
skyhightree1
Mentor
Mentor
Posts: 17739
Joined: Wed Sep 09, 2009 12:11 am
Location: Free Rent ,VA

Re: Prices,Prices,Prices

Postby skyhightree1 » Wed Jul 29, 2015 7:32 am

Image
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.

M.Magis
GURU
GURU
Posts: 1522
Joined: Wed Apr 28, 2010 1:29 pm
Location: Cambridge, Ohio

Re: Prices,Prices,Prices

Postby M.Magis » Wed Jul 29, 2015 8:27 am

My neighbor sold some 400lb angus bull calves last week. They averaged $3.07/lb. He was tickled.
0 x

Stocker Steve
GURU
GURU
Posts: 7292
Joined: Mon May 02, 2005 8:28 am
Location: Central Minnesota

Re: Prices,Prices,Prices

Postby Stocker Steve » Wed Jul 29, 2015 9:58 am

Supa Dexta wrote:Who's kept heifers back? Oh right, nearly everyone...

'USDA also released the July 1 cattle inventory showing total cattle up over 2 million head with cows up 700,000. Other features of the report confirmed the expansion at every level of cattle numbers. '


How did heifers turn into cows so fast? Are they counting bred yearlings as cows?
0 x
Stocker Steve

User avatar
Son of Butch
GURU
GURU
Posts: 3914
Joined: Mon Aug 30, 2010 6:44 pm
Location: Frost Bite Falls, Minnesota

Re: Prices,Prices,Prices

Postby Son of Butch » Wed Jul 29, 2015 10:23 am

Who knows when it comes to USDA numbers. In some years corn apparently keeps growing in a bin months after harvest.
0 x


Return to “Cattle Sales”

Who is online

Users browsing this forum: No registered users and 1 guest