Cattle Prices

Anonymous-0 · Jan 5, 2009

When do yall think the cattle prices will rise. I just sold a 515 pound bull calf and I got .80 cents a pound for it and used to get 1.00 to 1.10 a pound. They been down for awhile and they need to get back to a 1.00.

Don-Wi · Jan 5, 2009

That's doing really good against our market here. Last 2 bull calves my parents sold they didn't clear $100 for the pair. One was 110#, the other was 120#.

Donovan from Wisconsin

NEsota · Jan 5, 2009

Here is what the April Feeder Cattle Chart looks like. I do not see being involved as a speculator in this market at this point.
Chart

kyhayman · Jan 5, 2009

Thats actually not too bad considering he's a bull, and sold as a single. I've sold a lot of good steers for a lot of years in that weight range and been tickled to get 80 cents. The past few years have been exceptional. Even good steers in groups are stuggling to hit the dollar mark.

I've been watching the futures market and it appears that long futures are trending higher. Most of the market gurus I've been listening to say we bounced around the bottom of the cattle cycle back in November. I'd look for seasonal rallys this year to sell on with a good recovery following a general economic recovery by 6-12 months.

Bill in Colo · Jan 5, 2009

I sold 70 steers @645 all shots netted $527 versus 608 last, same week in Dec as last year.

Sid · Jan 6, 2009

I can remember when I got forty to fifty cents for a five hundred pound calf.

Anonymous-0 · Jan 6, 2009

They a selling for a lot less here.Meat prices are holding steady at the super markets.A pint jar of pickle relish went up 39% last year.Stores are taking lessons from the oil co.

NEIADan · Jan 6, 2009

Sounds like you received a fair price. Actually to much, for a bull calf. We have averaged about $.82 for the past 200 head thhat we have purchased with these primarily blacks and preconditioned. At the auction barn I attend it is not uncommon for there to be only 3 or 4 major buyers. There are always a few bystanders who will buy those substandard (bulls, no shots or weaned for at least 30 days). In uncertain times you will find a larger spread between these cattle. I have given strict orders to the 2 order buyers I work with that no cattle come into the yard without being preconditioned a ready to be put on feed. You want $1 or more spend a few minutes giving shots and pour em. Might cost you $10. Think about the $50-$100 return.

Anonymous-0 · Jan 6, 2009

Prices will make a comeback when the average American has money in his/her pocket to buy beef again.Or when the inventory of beef gets low enough to cause a shortage. Or the price of corn goes down. All 3 have an impact on beef. Layoffs are still rising and expect to see that at an even higher rate. If a shortage occurs I fully expect more beef to be imported and don't see corn going down until the new crops being expanded over seas will cut back on corn export from the US. Africa is the new frontier for farming it seems. Several eastern countries are going to plant about 1.5 million acres of corn in Africa this year.

Difference in what we're seeing now and in the past is we're tied to a world market. It's a new road we haven't traveled. Predictions can be made but we won't know until we travel into the new market down turn further. JMHO

Rich Griffin · Jan 6, 2009

Talk about the rise [39% pickle relish],my Medicare D insurance jumped 107% and can get no use from it.

Nebraska Cowman · Jan 6, 2009

I've sold calves for 60¢ and was glad to get it. Dad told about knocking baby calves in the head and skinning them for the hide. Just a few years ago hog men couldn't give the feeder pigs away. It cycles and if anyone knew they could be rich. I just sold bred heifers for $300 a head less than I received a year ago. No it don't work very good.

Anonymous-0 · Jan 7, 2009

I'll give you some insider information.

I consigned my calves to my local sales barn for next weeks sale. Historically speaking, this means that the price will go up in about two weeks.

Cattle Prices

Anonymous-0

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Don-Wi

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NEsota

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kyhayman

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Bill in Colo

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Sid

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Anonymous-0

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NEIADan

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Anonymous-0

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Rich Griffin

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Nebraska Cowman

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Anonymous-0

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