breeding stock sale

Discuss upcoming sales and sale results.
talltimber
GURU
GURU
Posts: 1282
Joined: Wed Apr 16, 2014 6:29 pm
Location: Southeast Missouri

breeding stock sale

Postby talltimber » Sun Feb 11, 2018 8:23 am

Went to a little sale yesterday. This was a breeding stock only sale, mostly made up of 3n1's, open pairs, bred hfrs in varying stages, with also a few bulls. There was also a number of pretty plain cattle there of all ages and stages that I didn't stay for. Those were probably the money makers.
The 3n1's brought in the ballpark of 2300 to 2750. Open pairs were generally 2300 to 2500. The bred heifers were from 1350 to around 2100 or so iirc. I don't have my notes in front of me. The lion's share of best bred heifers were in the 1750 to 1850 range. After the frame size started dropping off they were selling short bred hfrs 1350 to 1550 or so.
0 x
If you cross the river before, leave a good horse on this side.

User avatar
True Grit Farms
GURU
GURU
Posts: 7408
Joined: Mon Jan 04, 2016 5:29 pm
Location: Middle Georgia

Re: breeding stock sale

Postby True Grit Farms » Sun Feb 11, 2018 8:58 am

That's a strong price for our area but people are paying it. There's still a lot of optimism in the cattle business? Or is the future that bleak in farming? Bull sales have been been really cheap, last week bred heifers averaged more than the bulls at our neighbors annual sale.
0 x
If we'd of know this we'd of picked our own cotton.

User avatar
kenny thomas
GURU
GURU
Posts: 7938
Joined: Sun Nov 16, 2008 7:16 pm
Location: SW tip of Virginia

Re: breeding stock sale

Postby kenny thomas » Sun Feb 11, 2018 9:15 am

That's several hundred to a thousand higher than here. Very highest pair I have seen was 1600.
1 x
My thoughts only, don't bet the farm on them. KT

NolanCountyAG
Trail Boss
Trail Boss
Posts: 304
Joined: Wed Aug 26, 2015 10:18 pm
Location: Nolan County TX

Re: breeding stock sale

Postby NolanCountyAG » Sun Feb 11, 2018 8:43 pm

Went to the Bradley 3 Ranch bull sale yesterday and prices seemed pretty strong.
0 x

talltimber
GURU
GURU
Posts: 1282
Joined: Wed Apr 16, 2014 6:29 pm
Location: Southeast Missouri

Re: breeding stock sale

Postby talltimber » Mon Feb 12, 2018 5:55 am

TG, I talked with a consignor before the sale. He farms and runs about 200 mommas. He said he started bringing hfrs to the sale two years ago. He had about 20 head of AI'd hfrs, the smaller frame/bone type of hfrs, though they looked good but maybe not quite as slick and a little mud and hair on them, that was bringing 1350 to 1550 or so. He said his hfrs had been making more than the farming the last couple of years.
0 x
If you cross the river before, leave a good horse on this side.

User avatar
True Grit Farms
GURU
GURU
Posts: 7408
Joined: Mon Jan 04, 2016 5:29 pm
Location: Middle Georgia

Re: breeding stock sale

Postby True Grit Farms » Mon Feb 12, 2018 6:04 am

talltimber wrote:TG, I talked with a consignor before the sale. He farms and runs about 200 mommas. He said he started bringing hfrs to the sale two years ago. He had about 20 head of AI'd hfrs, the smaller frame/bone type of hfrs, though they looked good but maybe not quite as slick and a little mud and hair on them, that was bringing 1350 to 1550 or so. He said his hfrs had been making more than the farming the last couple of years.

My thinking is when all these heifer calves start coming on line the cattle prices are going to tank. It seems to be the circle of life in the cattle business.
0 x
If we'd of know this we'd of picked our own cotton.

User avatar
farmerjan
GURU
GURU
Posts: 1942
Joined: Thu Sep 01, 2016 7:54 pm
Location: Shenandoah ValleyVirginia

Re: breeding stock sale

Postby farmerjan » Mon Feb 12, 2018 11:31 am

Reading an article in one of the beef publications, and said that numbers will peak again in the 2020-2022 years and prices will be off again. Then, more older farmers will be getting out and numbers will decrease as cattle are sold for slaughter because they cannot be sold for replacements for a breakeven or profitable price... So take it with a grain of salt, but I have felt we have been heading in that direction. I want to be down 50 head by then; and trying to do a better job of feeding them off grass and pasture and selling more small square bales to all these small time weekend farmers and such. Maybe feed the calves out a little longer too to utilize the hay. We'll see, but I don't think that you will see prices any better overall between now and then. Maybe a few small spikes, but not an overall average increase. HOPE I AM WRONG.....
0 x

MRRherefords
Rancher
Rancher
Posts: 643
Joined: Fri Jan 06, 2017 3:26 pm
Location: Near the Mason Dixon line

Re: breeding stock sale

Postby MRRherefords » Mon Feb 12, 2018 11:36 am

Very best thing selling around here is bred heifers. Hardest thing to do is ride out a storm. Hopefully there will be an end in the future and some sort of spike.
0 x

Stocker Steve
GURU
GURU
Posts: 8076
Joined: Mon May 02, 2005 8:28 am
Location: Central Minnesota

Re: breeding stock sale

Postby Stocker Steve » Tue Feb 13, 2018 9:41 am

talltimber wrote:He said his hfrs had been making more than the farming the last couple of years.


but he was losing money farming...
0 x
Stocker Steve

Stocker Steve
GURU
GURU
Posts: 8076
Joined: Mon May 02, 2005 8:28 am
Location: Central Minnesota

Re: breeding stock sale

Postby Stocker Steve » Tue Feb 13, 2018 10:03 am

True Grit Farms wrote:That's a strong price for our area but people are paying it. There's still a lot of optimism in the cattle business? Or is the future that bleak in farming?


Corn is a money loser for most.
Wheat is a money loser for most.
Milk is a money loser for most.
Pork and poultry are industrialized.
That leaves beef, beans, goats, and direct marketing. I see some dairy guys buying old beef cows here. But, I can not pencil an acceptable commodity cow/calf profit at most of those breeding stock prices...

So if we are fully stocked with commodity cows - - we are either:
poor at enterprise analysis
not planning to make a profit after depreciation
betting some additional export increases to bale us out
or a combination of the above
0 x
Stocker Steve

User avatar
True Grit Farms
GURU
GURU
Posts: 7408
Joined: Mon Jan 04, 2016 5:29 pm
Location: Middle Georgia

Re: breeding stock sale

Postby True Grit Farms » Tue Feb 13, 2018 11:12 am

Stocker Steve wrote:
True Grit Farms wrote:That's a strong price for our area but people are paying it. There's still a lot of optimism in the cattle business? Or is the future that bleak in farming?


Corn is a money loser for most.
Wheat is a money loser for most.
Milk is a money loser for most.
Pork and poultry are industrialized.
That leaves beef, beans, goats, and direct marketing. I see some dairy guys buying old beef cows here. But, I can not pencil an acceptable commodity cow/calf profit at most of those breeding stock prices...

So if we are fully stocked with commodity cows - - we are either:
poor at enterprise analysis
not planning to make a profit after depreciation
betting some additional export increases to bale us out
or a combination of the above

My hope is a combination of all of the above. I'm doing some retained ownership on everything that I can't sell off the farm now, and planning on breeding more to the beef numbers. The trick to any business is figuring out how to turn a profit in a down market and keeping your head above water. The good times will come back around if you can survive till then.
0 x
If we'd of know this we'd of picked our own cotton.

Stocker Steve
GURU
GURU
Posts: 8076
Joined: Mon May 02, 2005 8:28 am
Location: Central Minnesota

Re: breeding stock sale

Postby Stocker Steve » Tue Feb 13, 2018 11:57 am

True Grit Farms wrote:The trick to any business is figuring out how to turn a profit in a down market and keeping your head above water. The good times will come back around if you can survive till then.


This is true for cyclical businesses.

Some would say the current commodity surpluses and pricing are more the norm, than 2010-2014. Then how do you handle an extended period with reduced operating funds and low prices? We are starting to see a lot of "retirement auctions" here.
0 x
Stocker Steve

cattle60
Trail Boss
Trail Boss
Posts: 243
Joined: Tue Jun 17, 2014 11:07 am
Location: Middle East Missouri

Re: breeding stock sale

Postby cattle60 » Wed Feb 14, 2018 4:26 pm

Tall Timber, Where was that sale? I didn't hear anything about one like that.
0 x

talltimber
GURU
GURU
Posts: 1282
Joined: Wed Apr 16, 2014 6:29 pm
Location: Southeast Missouri

Re: breeding stock sale

Postby talltimber » Sun Feb 18, 2018 5:00 am

Fruitland
0 x
If you cross the river before, leave a good horse on this side.


Return to “Cattle Sales”

Who is online

Users browsing this forum: No registered users and 6 guests