Fall Feeder Prices

[snoopdog]

Lol China Issues Will Be Resolved By 2040

He’s always the eternal optimist.

The Chinese Commie Party does not need to win an election. All they have to do is keep improving the standard of living so the workers keep working. They have a long term plan to be #1 economy in the world, and as the #1 economy they can spend the most on their military... Where they will source beef tongues and organ meat from is not a concern for the master race.

I respectfully disagree with the election comment. Their strategy is to put the hurt on america's farmers, since they overwhelmingly voted for the current administration, in order to get someone else in office that might treat them more favorably. Elementary really.

[Stocker Steve]

Sure. the Commies would like Trump to lose in 2020, but either way, they will still be in control when Trump leaves office.

The 2020 election only matters if things get so bad that the Chinese economy quits growing. Hard to have that happen when you control much of the infrastructure and the industry.

Americans are really bad at the long game.

[sstterry]

I think that the inverted yield curve and the 800pt drop in the stock market today may have some impact. We are headed toward a recession.

[TennesseeTuxedo]

I think that the inverted yield curve and the 800pt drop in the stock market today may have some impact. We are headed toward a recession.

Yup, the inverted yield curve is never wrong, at SOME point in the future AFTER the inversion we have a recession.

[sstterry]

I think that the inverted yield curve and the 800pt drop in the stock market today may have some impact. We are headed toward a recession.

Yup, the inverted yield curve is never wrong, at SOME point in the future AFTER the inversion we have a recession.

That is my understanding. It may be two years or it may be two months but it is coming.

[TennesseeTuxedo]

I think that the inverted yield curve and the 800pt drop in the stock market today may have some impact. We are headed toward a recession.

Yup, the inverted yield curve is never wrong, at SOME point in the future AFTER the inversion we have a recession.

That is my understanding. It may be two years or it may be two months but it is coming.

We’ve been a long time without one. Natural part of the economic cycle. Whether it’ll be mild or severe remains to be seen.

[callmefence]

To say we're heading for a recession is like saying it's gonna get hot this summer.
The only time your not heading for a recession is when you're in one.

[TennesseeTuxedo]

To say we're heading for a recession is like saying it's gonna get hot this summer.
The only time your not heading for a recession is when you're in one.

Yup.

[FarmerShell]

I'm feeling sick.

[TennesseeTuxedo]

I'm feeling sick.

Hang in there little buddy.

[sstterry]

To say we're heading for a recession is like saying it's gonna get hot this summer.
The only time your not heading for a recession is when you're in one.

You can't argue with that.

[kilroy60]

Lol China Issues Will Be Resolved By 2040

He’s always the eternal optimist.

I hope he meant by 2020!!

[Double R Ranch]

Good topic.
Sitting here running out of hay, pastures are bare, remaining hay doesn't have the nutritional value we expected.
Weaned some calves early to help the old cull cows.
Next special feeder sale is September 11th. Not another until November. Haven't gotten a market report from our local market since July. Starting to wonder if the market has tanked and that's why they haven't released a report.
Was thinking about holding onto the smaller feeders (300#-400# heifers) for a few more months but after reading this post i'm thinking it won't even pay for the extra feed to hold them......... Making me sick thinking the market is going to drop after all the extra expenses this year.
Thanks everyone for the information. Will be watching this post for more info. Hoping to check out the market this Wednesday myself and see what the best move is.

[gcreekrch]

Good topic.
Sitting here running out of hay, pastures are bare, remaining hay doesn't have the nutritional value we expected.
Weaned some calves early to help the old cull cows.
Next special feeder sale is September 11th. Not another until November. Haven't gotten a market report from our local market since July. Starting to wonder if the market has tanked and that's why they haven't released a report.
Was thinking about holding onto the smaller feeders (300#-400# heifers) for a few more months but after reading this post i'm thinking it won't even pay for the extra feed to hold them......... Making me sick thinking the market is going to drop after all the extra expenses this year.
Thanks everyone for the information. Will be watching this post for more info. Hoping to check out the market this Wednesday myself and see what the best move is.

My thoughts to your position are this. Unless you are prepared to feed your cattle to gain you are losing money every day you keep them. Every day a calf doesn't gain enough weight to cover the feed bill is a day wasted. Better to take the first loss, circle the wagons and buy in again when feed conditions favor it.
Free advice is just that, you get what ya pay for.

[Double R Ranch]

My thoughts to your position are this. Unless you are prepared to feed your cattle to gain you are losing money every day you keep them. Every day a calf doesn't gain enough weight to cover the feed bill is a day wasted. Better to take the first loss, circle the wagons and buy in again when feed conditions favor it.
Free advice is just that, you get what ya pay for.

I agree and appreciate the input. That's what were leaning towards at this point. Going to loose our bums on the older open cull cows as it is.
At the calves current rate of gain it will take green grass season at this point when the nutrition is the highest to really pour the pounds on the smaller cattle. Times like this we sure wish we could irrigate. But at 2# a day ADG on the heifers without grain currently were thinking they need to be shipped. Don't think its penciling out to grain them with the prices what they are looking to be.
Thanks again for the input! Every bit helps towards making decisions.
Going to go Wednesday and talk to our usual buyers and see if they are wanting them this "small". September 11th special feeder sale is looking like our sale day at this point.