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Joined: Nov 2015
Posts: 19,215
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 19,215 |
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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Joined: Dec 2008
Posts: 6,939
Campfire Tracker
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Campfire Tracker
Joined: Dec 2008
Posts: 6,939 |
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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Joined: Sep 2011
Posts: 60,940 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,940 Likes: 15 |
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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Joined: Aug 2004
Posts: 69,673 Likes: 20
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Aug 2004
Posts: 69,673 Likes: 20 |
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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Joined: Jan 2012
Posts: 2,776
Campfire Regular
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Campfire Regular
Joined: Jan 2012
Posts: 2,776 |
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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Joined: Aug 2004
Posts: 69,673 Likes: 20
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Aug 2004
Posts: 69,673 Likes: 20 |
Prices have leveled off a bit here.
Hope it sticks.
Molɔ̀ːn Labé Skýla!
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Joined: Sep 2012
Posts: 18,243
Campfire Ranger
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Campfire Ranger
Joined: Sep 2012
Posts: 18,243 |
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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Joined: Sep 2011
Posts: 60,940 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,940 Likes: 15 |
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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Joined: Feb 2006
Posts: 43,913 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2006
Posts: 43,913 Likes: 11 |
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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Joined: Aug 2004
Posts: 69,673 Likes: 20
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Aug 2004
Posts: 69,673 Likes: 20 |
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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Joined: Feb 2006
Posts: 43,913 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2006
Posts: 43,913 Likes: 11 |
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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Joined: Aug 2004
Posts: 69,673 Likes: 20
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Aug 2004
Posts: 69,673 Likes: 20 |
That's anything in the commodity market. If we only had a crystal ball!
Molɔ̀ːn Labé Skýla!
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Joined: Sep 2011
Posts: 60,940 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,940 Likes: 15 |
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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Joined: Jan 2005
Posts: 38,904 Likes: 7
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2005
Posts: 38,904 Likes: 7 |
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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Joined: Apr 2009
Posts: 1,972
Campfire Regular
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Campfire Regular
Joined: Apr 2009
Posts: 1,972 |
We sent a few to Cargill last week, check came yesterday. CAB choice graded steers brought $1.83.
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Joined: Aug 2004
Posts: 69,673 Likes: 20
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Aug 2004
Posts: 69,673 Likes: 20 |
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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Joined: Feb 2006
Posts: 43,913 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2006
Posts: 43,913 Likes: 11 |
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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Joined: Apr 2009
Posts: 1,972
Campfire Regular
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Campfire Regular
Joined: Apr 2009
Posts: 1,972 |
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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Joined: Aug 2004
Posts: 69,673 Likes: 20
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Aug 2004
Posts: 69,673 Likes: 20 |
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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Joined: Feb 2006
Posts: 43,913 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2006
Posts: 43,913 Likes: 11 |
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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