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Campfire Kahuna
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Campfire Kahuna
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Bottom dropped out again. Back to the same prices we were getting since the 80's. One reason cited is a glut of beef imported from China. We're the gov't. We're here to help...
Molɔ̀ːn Labé Skýla!
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Campfire Outfitter
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Campfire Outfitter
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Mercy ceases to be a virtue when it enables further injustice. -Brent Weeks
~Molɔ̀ːn Labé Skýla~
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Campfire Ranger
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Campfire Ranger
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The thing that really hurts is that we had just bought some bred heifers, at a pretty steep price, when the bottom started falling out. They'll be old cows before we ever get our money back out of them. I guess I wouldn't mind the price drop so much, if prices in the grocery stores would follow suit. Now, I've heard people say that it takes a long time for those prices to come down, but that's something I've never really believed.
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2002
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You called it on September 12th:
I posted this: "With grain and cattle prices as low as they currently are, many farmers do need help.".
You posted this response: "Cattle prices are high now. Have been for a couple of years. Before that, for about 20 years it was a "may break even" proposition. I have every faith that cattle prices will plummet again though.".
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Campfire Kahuna
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Campfire Kahuna
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I'd LOVE to have the prices from 3 weeks ago, now.
Molɔ̀ːn Labé Skýla!
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Campfire Kahuna
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Campfire Kahuna
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The thing that really hurts is that we had just bought some bred heifers, at a pretty steep price, when the bottom started falling out. They'll be old cows before we ever get our money back out of them. I guess I wouldn't mind the price drop so much, if prices in the grocery stores would follow suit. Now, I've heard people say that it takes a long time for those prices to come down, but that's something I've never really believed. Yeah, I hear ya. Hamburger is still $5 a pound, which is what it went to during the very highest of cattle prices a year and a half ago. It's come down very little... The beef market from kill prices to full replacement of the beef in storage for retail sale is 10 days to 2 weeks. Someone is making a killing...
Molɔ̀ːn Labé Skýla!
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2002
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My MIL sold 477 head between August 27th and September 8th for between $76 and $80 per CWT with the buyer picking them up at the ranches, 215 in South Dakota and 262 in Colorado. My BIL wanted her to hold off selling until the Colorado cattle would have to be hauled down off the high altitude summer pastures, but she felt that the prices were fair, the terms were good, and she had "a feeling", so she sold them all.
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Campfire 'Bwana
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Campfire 'Bwana
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China just uplifted their 12-13 year ban on importing US beef, and like you say Phasmid hopefully they will be importing and soon.
I'm pretty sure they don't export beef much less to us.
The strong dollar and herd expansion caught up to demand and that's hurting the market right now.
It peaked in the final quarter of 2014 and has been slowly falling ever since. I don't think we've hit the bottom yet, maybe, hopefully.....
Live cattle have been hanging around a $1 for some time now.
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Campfire Kahuna
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Campfire Kahuna
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Sam, I was trying to find and post a graph of the cattle cycle.
In short, a couple years of smoking $$ cigars, and scratchin' with the chickens the other 85% of the time.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Richard, good to hear from you!
Back to scratchin' by for now....
But that's just the way it is and will always be. Luckily if a guy keeps operating expenses low enough I guess there's still a little left over for cheap beer....
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Campfire Kahuna
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Campfire Kahuna
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Phasmid, I was listening to the report on the radio in my tractor. I thought I caught the gist of what the guy was saying, but it's kinda hard to hear over the drone of the equipment running. The main take away I got was cattle selling for 89-93 cents now...
Molɔ̀ːn Labé Skýla!
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New Member
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New Member
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Bottom dropped out again.
Back to the same prices we were getting since the 80's.
Down here Australia cattle are at record highs: Angus steer 240 kilos or 588 lb worth roughly AUD $ 4.40 per KG live ex farm...or AUD $1.80 per pound @ .75c exchange rate is US $ 1.37 per pound. Totally weather driven pricing for the moment most feedlots and backgrounders going ok, cow calf operations very well. Most equity being lost in the packer segment of the market. Not sure what happens in the new year...I think our beef cyle is about 3 years behind the US so we have a year to run yet...
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Campfire 'Bwana
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Campfire 'Bwana
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Rufus, that is interesting.
In northern Montana decent 5-6 weight steer calves are bringing around $1.25lb this week.
A year ago they were over $2/lb.
Roughly a $400 drop per head in price.
I'd say we are slightly better than break even with the current market.
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Campfire Kahuna
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Campfire Kahuna
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Sam, ever hear the joke from 1976? Ford comes out with a "Cattle Feeder's Special pickup.
No seat, no steering wheel.
For the cattle feeder that has lost his ass and doesn't know which way to turn.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Richard, now is the time to buy!
Cheap feeders and cheap feed, a guy can't go wrong....grin
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Campfire Kahuna
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Campfire Kahuna
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Sam, I watched PBS Market to Market tonight, Walt Hackney said much the same thing.
One thing about cows, and cattle, they sure enough keep a fellow humble.
Cows come in many shapes, and colors, but in the end there are only two, hungry cows, and dead cows.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Richard, we preg tested heifers this morning.
Gathered yesterday and got a count.
5 missing but hopefully they are with the cows.
Tested 72 head and had 4 opens. Little under 5% which isn't too bad.
A guy can whine a little about the current market but we were blessed with great moisture this year. Already have a good head start on sub moisture for next year.
Crested wheat grass greened back up and is trying to grow. Some stock dams are full which is great considering it's October...
No complaints here.
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Campfire Outfitter
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Campfire Outfitter
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Sam hope you have lot's of good hay and water and no coyotes Russ
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Campfire 'Bwana
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Campfire 'Bwana
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Russ, we still have 60 acres of 2nd alfalfa cutting to cut.
To late now and it will never dry enough to bale, cows will be eating it out of the windrow when they come home for winter.
Luckily our neighbor has 100 ton for sale.
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Campfire Ranger
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Campfire Ranger
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Sam, ever hear the joke from 1976? Ford comes out with a "Cattle Feeder's Special pickup.
No seat, no steering wheel.
For the cattle feeder that has lost his ass and doesn't know which way to turn. Around here, it was a tractor, made for the farmer. Believe me, there would have been a market for them.
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Campfire Tracker
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Campfire Tracker
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We sold most of our cattle last winter. Only good marketing I have ever done.
Not selling anything right now except for one crazy heifer. Otherwise we are just going to hold tight. Imagine it can't drop a whole lot more and hoping it might strengthen.
Montana MOFO
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Campfire Kahuna
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Campfire Kahuna
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Holding on the cattle can work, some times, for some people, but when the entire industry does it, it can make things worse.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire Kahuna
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Campfire Kahuna
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Holding on the cattle can work, some times, for some people, but when the entire industry does it, it can make things worse. I was doing brush control on a ranch yesterday, and the guy had calves weighing 800-900lbs. When I talked to him, I said he sure had some big calves out there. He told me he hates to sell them now... I reckon that works til the grass runs out...
Molɔ̀ːn Labé Skýla!
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Campfire Regular
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Campfire Regular
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We sold calves three weeks ago. Steers in the 580# range brought $1.33 and heifers in the 475 range $1.18. Two years ago the steers brought $2.68. That is about a $900 drop.
The guys around here are running out of grass, prices dropped again into the $1.20's and I saw some feeding hay already. Going to be a tough year for some folks.
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Campfire Kahuna
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Campfire Kahuna
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Prices have leveled off a bit here.
Hope it sticks.
Molɔ̀ːn Labé Skýla!
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Campfire Ranger
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Campfire Ranger
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I know squat about cattle and/or cattle pricing but when I was out Coyote hunting with my buddy from WY a couple of weeks ago we ran into an old rancher/farmer and he and Craig got to talking cattle and crops. He told us that wheat farming was a bust these days so put his fields into grass a couple of years ago and started concentrating on cattle. He said he was doing really well with fall calves....apparently it takes a lot of hay to raise fall calves but he has plenty so he's making a pile of money. Sure enough when we went by his place he had a whole lot full of new calves.
I guess the moral of this story is that Coyote hunting is not only fun but it's educational too...
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Campfire Kahuna
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Campfire Kahuna
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And, raising cattle can be "Educational", as well.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Today was the 'big' day.
Hauled the calves to town yesterday for today's sale and it's all over except for the cryin'....grin
Can't really whine too much I guess, haven't heard what they brought.
When we weaned early last November, 5 weight steer calves were selling for $1.30, about $700/head.
Hopefully we got $1.30 for 7 weights today. About $900. (not on sure on how much feed cost for last 90 days)
Should have sold last week.....
Or next week?
The 4-5 day slide finally stopped and it closed up $1.675 this afternoon.
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Campfire Kahuna
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Campfire Kahuna
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About the same down here as well. The bigger calves like you sold are rising again. I'm glad! And holding my calves to let them gain a bit more...
Molɔ̀ːn Labé Skýla!
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Campfire 'Bwana
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Campfire 'Bwana
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Good luck man, hopefully we sold at the bottom and it goes back up for you...grin
The worst thing about growing grain and cattle is trying to guess the market!
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Campfire Kahuna
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Campfire Kahuna
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That's anything in the commodity market. If we only had a crystal ball!
Molɔ̀ːn Labé Skýla!
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Campfire Kahuna
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Campfire Kahuna
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If anyone could predict to future, he would not need to work, and he sure nough would not be rubbin' elboes with the likes of us.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Sounds a lot like how the refiners control gas prices. Of course, that is always given great support here at the 'fire.
Not a real member - just an ordinary guy who appreciates being able to hang around and say something once in awhile.
Happily Trapped In the Past (Thanks, Joe)
Not only a less than minimally educated person, but stupid and out of touch as well.
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Campfire Regular
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We sent a few to Cargill last week, check came yesterday. CAB choice graded steers brought $1.83.
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Campfire Kahuna
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Campfire Kahuna
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Just got the market report for last week's sales.
700 wts. $140.00
500 wts. $175.00
Molɔ̀ːn Labé Skýla!
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Campfire 'Bwana
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Campfire 'Bwana
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Last week was the short term peak. They are off 3-8 cents now around here.
We missed it by a week and probably lost $20-35/head. Tear in my beer.......grin
Ben, explain a little more please.
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Campfire Regular
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We sent a few steers to the nearby Cargill packing plant. They pay by how well it grades. Ours graded Choice, with a certified angus beef premium. They payed $1.83/lb on the rail. Our steers hung an average 950lbs.
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Campfire Kahuna
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Campfire Kahuna
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We sent a few steers to the nearby Cargill packing plant. They pay by how well it grades. Ours graded Choice, with a certified angus beef premium. They payed $1.83/lb on the rail. Our steers hung an average 950lbs. You feed them out, I take it?
Molɔ̀ːn Labé Skýla!
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Campfire 'Bwana
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Campfire 'Bwana
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I had to google CAB and figured that was on the rail pricing but wasn't sure.
What did those bad boys weigh on the hoof?
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Campfire Ranger
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Campfire Ranger
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I just drove all the way across Texas, and close to half of New Mexico, and I saw more yearlings on wheat than I ever have on on one of the trips. From Texarkana to currently sitting in Alamagorda. miles
Look out for number 1, don't step in number 2.
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Campfire Tracker
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Campfire Tracker
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Miles, sounds like you're getting close. Sure will be good to see you.
Jeff
James Pepper: There's no law west of Dodge and no God west of the Pecos. Right, Mr. Chisum? John Chisum: Wrong, Mr. Pepper. Because no matter where people go, sooner or later there's the law. And sooner or later they find God's already been there.
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Campfire Kahuna
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Campfire Kahuna
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For better, or worse, we picked up 53 head of today, wish us luck.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire Outfitter
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Campfire Outfitter
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Hope all you cattleman have plenty of water and don't have to break and throw ice every day, too much hay, healthy herds and twins and good markets when you sell.
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Campfire Kahuna
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Campfire Kahuna
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Twins, shudder, nice when you sell two, a LOT, of trouble for a long while after birth.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Richard - what was the name of the owner of the sale barn in Storm Lake back in the day?
It just came to me - Gaffney, right?
Last edited by 5sdad; 02/03/17.
Not a real member - just an ordinary guy who appreciates being able to hang around and say something once in awhile.
Happily Trapped In the Past (Thanks, Joe)
Not only a less than minimally educated person, but stupid and out of touch as well.
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Campfire Outfitter
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Twins, shudder, nice when you sell two, a LOT, of trouble for a long while after birth. good to sell and hench the healthy
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Campfire Kahuna
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Campfire Kahuna
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John, KAYL radio, "You Know, those Gaffeny Brothers will do a good job for you." John was the name of one brother, and I plumb forgot the other name.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Good luck Richard. Twins... My dad taught me that after pulling a calf out of a heifer put on a clean glove and make sure there isn't another one. Especially if the first calf is a dink. We had an extra calf(or two) left over this past spring after the cows went out on grass. Pair off loads(match ear tags) and later on find out we have two 914's in the book. Tagged on different days, heifer and steer twins. Whoops. Always best to sell them right away if someone is wanting a bum calf. Bottle calves were $300-400 a year or two ago... Chow line this morning.
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Campfire Kahuna
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Campfire Kahuna
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That's pretty Sam. Better your feed than mine. Cows have a way of keepin' a fellow busy, and humble. Never forget where you put that wire stretcher!
When I am feeding a bottle calf, or calves, I keep telling myself, someday, should be a high dollar fat steer, or heifer.
"Mamma's don't let your babies grow up to be cowboys"!
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire Regular
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I had to google CAB and figured that was on the rail pricing but wasn't sure.
What did those bad boys weigh on the hoof? We don't usually weigh them, but I'd guess somewhere in the upper 1500-1600's.
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Campfire Kahuna
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Campfire Kahuna
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Ben, what is your ration for those fat cattle?
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire Kahuna
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Campfire Kahuna
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Ben, what is your ration for those fat cattle? That's what I was gonna ask. And what weight they start feeding them.
Molɔ̀ːn Labé Skýla!
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Campfire 'Bwana
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Campfire 'Bwana
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I had to google CAB and figured that was on the rail pricing but wasn't sure.
What did those bad boys weigh on the hoof? We don't usually weigh them, but I'd guess somewhere in the upper 1500-1600's. Big steers! We just got the results from 'payday'. On the steer side the big end averaged 788, middle made 689. Everything averaged about $80 more per head than we figured so nothing to complain about here.
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Campfire Kahuna
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Campfire Kahuna
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I asked Ben about his ration, but here is what I was mixing when our son was off fishing.
70# protein
1200# cracked corn
20# balancer for the dried distillers grain
470# dried distiller's grain
770# ground hay
840# corn silage
That is a half, and half ration, we are getting off the distillers grain. It seems like we write a lot of checks compared to what the fats bring, and the market price of corn.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire Kahuna
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Campfire Kahuna
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Sam, 788, you are most of the way to having "big boys", of your own. Ever think of retaining ownership, and having a yard finish them?
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Richard, that looks like a high dollar mix!
I am not sure what ratio my dad has been mixing for the calves but it is ground alfalfa, pea/wheat pellets and corn silage.
And we rolled out a bunch of straw bales for them in the last 80-90 days.
Keep 'em comfortable.
Richard, wish we could find more grass!
Yeah, I don't know. Keep 'em, sell 'em?
All I've learned is that you never know.
I would love to get a 7-8 day advanced copy of the cattle on feed report.....grin
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Campfire Kahuna
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Campfire Kahuna
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I would love to get a 7-8 day advanced copy of the cattle on feed report.....grin
Wouldn't we all?
Molɔ̀ːn Labé Skýla!
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Campfire Kahuna
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Campfire Kahuna
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Sam, I guess we never figure it out on a daily cost.
One old story is, an Iowa farmer bought some calves.
He thought at the price he paid, the rancher made some money, the sale barn made their commission, the trucker made his share bringing them to the farm, his veterinary made some money, the elevator where he bought his feed made some money, the trucker made money hauling the cattle to the packer that bought them, as did the packer at the sale price. See it coming(?), the farmer made nothing.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire 'Bwana
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Campfire 'Bwana
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Richard, and then the tractor breaks down.....grin
What is the going rate for sales barn commission?
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Our ration is pretty simple. For the fat steers. 45℅ grass silage 45℅ corn silage 10℅ ground ear corn Plus 1.5 lbs of a protein/mineral concentrate per head
Or feeders get some good baleage, and grass silage plus a 16℅ pellet.
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Joined: Apr 2009
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Campfire Regular
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Ben, what is your ration for those fat cattle? That's what I was gonna ask. And what weight they start feeding them. We put our calves in the feedlot after their weaned in the fall. We don't like the cattle we buy to be under 500lbs, but we'll buy anything bigger we can finish.
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Campfire Kahuna
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Campfire Kahuna
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Ben, what are you calling grass silage? What is the origin of feeders bought in Pennsylvana?
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire Regular
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Grass silage is basically hay that's cut when it's still really green, then chopped and stored like corn silage. We usually buy our cattle directly from other farms, haven't been to the sale barn in years. The last group we bought from out of state came from Virginia.
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Campfire Kahuna
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Campfire Kahuna
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So Ben, is that a legume, alfalfa, not a grass like brome?
When I tried wet alfalfa silage it turned out so sour cattle would not eat it.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
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So Ben, is that a legume, alfalfa, not a grass like brome?
When I tried wet alfalfa silage it turned out so sour cattle would not eat it. I've used it but you have to check the moisture content carefully before you put it up. Had better luck with sorghum type silage.
Molɔ̀ːn Labé Skýla!
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Campfire Kahuna
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Campfire Kahuna
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rockinbar, the big round, then big square bales took away the need/ideas, of hay silage for us.
Back when the farm program let us raise sorghum on the set aside acres I'd plant forage sorghum on those acres. Mean stuff to chop, it would go down, and not feed worth a hoot.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Anybody here feeding Sudan Grass?
Ed
"Not in an open forum, where truth has less value than opinions, where all opinions are equally welcome regardless of their origins, rationale, inanity, or truth, where opinions are neither of equal value nor decisive." Ken Howell
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Campfire Kahuna
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Campfire Kahuna
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Anybody here feeding Sudan Grass?
Ed Fertilized coastal here. They did into it too!
Molɔ̀ːn Labé Skýla!
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So Ben, is that a legume, alfalfa, not a grass like brome?
When I tried wet alfalfa silage it turned out so sour cattle would not eat it. Lately we've been reseeding with an orchardgrass/clover mix. It works well for us. We usually decent bit of baleage and silage with it (which is in that pic) We have a few ag baggers and rent them out locally. They bag a bit of everything, alfalfa, sorghum, oats&peas, Sudan grass, etc. They've come out with some new varieties of Sudan grass and sorghum lately, that alot of the dairies have been feeding.
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Campfire Kahuna
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Campfire Kahuna
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Ben, with the big Iowa corn crop last fall, I see bags of shelled corn.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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