Market is rough in MS!

Discuss upcoming sales and sale results.
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OleScout
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Market is rough in MS!

Post by OleScout » Thu Oct 10, 2019 9:24 am

Sold 4 of what I thought were pretty nice calves yesterday.
Let them get too ripe I guess, should have hauled at 400-450.
Blk Hfr 680 $80 $544.00
Blk Str 545 $111 $604.95
Blk Hfr 565 $110 $621.50
Blk Hfr 585 $105 $614.25

I held the big heifer back last time I sold calves because I thought she was a little light. Would have brought a lot more then. 20/20 hindsight!!!
If I hadn't already bought hay I think I'd be another over sixty guy to just give it up and rent out or sell the pasture.
This is disheartening.



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skyhightree1
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Re: Market is rough in MS!

Post by skyhightree1 » Thu Oct 10, 2019 9:44 am

OleScout wrote:
Thu Oct 10, 2019 9:24 am
Sold 4 of what I thought were pretty nice calves yesterday.
Let them get too ripe I guess, should have hauled at 400-450.
Blk Hfr 680 $80 $544.00
Blk Str 545 $111 $604.95
Blk Hfr 565 $110 $621.50
Blk Hfr 585 $105 $614.25

I held the big heifer back last time I sold calves because I thought she was a little light. Would have brought a lot more then. 20/20 hindsight!!!
If I hadn't already bought hay I think I'd be another over sixty guy to just give it up and rent out or sell the pasture.
This is disheartening.
3 dispersal sales this month. People are fed up
Oh Great Spirit, who made all races,look kindly upon the whole human family and take away the arrogance and hatred which separates us from our brothers.

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Bright Raven
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Re: Market is rough in MS!

Post by Bright Raven » Thu Oct 10, 2019 10:19 am

It is going to improve or it is going to become an extinct vocation. It just can not stay like this.
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Re: Market is rough in MS!

Post by shaz » Thu Oct 10, 2019 10:20 am

There's no end in sight either
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Re: Market is rough in MS!

Post by Bright Raven » Thu Oct 10, 2019 10:34 am

If the prices are adjusted for the valve of money over time (erosion of the value of the US dollar) - I would bet the farm that the current prices being paid for feeders ranks among the lowest in the last 50 years.
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Re: Market is rough in MS!

Post by callmefence » Thu Oct 10, 2019 11:55 am

Sell your cows and buy hay equipment
Produce hay for the ones who do it as a hobby are think their cattle to good to sell
Any unhayable ground you have stock lightly with goats and hair sheep.......thank me later
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Re: Market is rough in MS!

Post by skyhightree1 » Thu Oct 10, 2019 12:12 pm

callmefence wrote:
Thu Oct 10, 2019 11:55 am
Sell your cows and buy hay equipment
Produce hay for the ones who do it as a hobby are think their cattle to good to sell
Any unhayable ground you have stock lightly with goats and hair sheep.......thank me later
:lol: I been doing that for 2 years but kept some cattle
Oh Great Spirit, who made all races,look kindly upon the whole human family and take away the arrogance and hatred which separates us from our brothers.

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Re: Market is rough in MS!

Post by 76 Bar » Thu Oct 10, 2019 2:08 pm

Not just MS Old Scout...all market categories have been severely depressed country wide for an unprecedented length of time. When I got started in 1976 cull cows/bulls were ~ .15/cwt and top end calves .35/cwt. Perhaps BR will crunch the numbers.

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Re: Market is rough in MS!

Post by Bright Raven » Thu Oct 10, 2019 2:40 pm

76 Bar wrote:
Thu Oct 10, 2019 2:08 pm
Not just MS Old Scout...all market categories have been severely depressed country wide for an unprecedented length of time. When I got started in 1976 cull cows/bulls were ~ .15/cwt and top end calves .35/cwt. Perhaps BR will crunch the numbers.
76Bar

Do you mean 35/cwt instead of .35/cwt? Or $35 dollars per 100 pounds standing, not 35 cents per 100 pounds standing. Which means you got 35 cents a pound standing in 1976.

Olescout's average on the 4 head was about 100/cwt. Or 1 dollar per pound standing.

To put apples to apples.

76Bar in 1976. Got 35 cents per pound standing.
Olescout in 2019. Got 100 cents per pound standing.

A dollar in 1976 had approximately 5 times the value that a dollar has today. So converting to today's dollars.

76Bar received compensation of $1.75 a pound.
Olescout received compensation of $1.00 a pound.
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Re: Market is rough in MS!

Post by skyhightree1 » Thu Oct 10, 2019 3:23 pm

Anyone want to take your cattle here?

Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
3 483 483 129.00 129.00
1 510 510 116.00 116.00
13 557-573 567 125.00-125.50 125.31
19 600-636 628 116.00-123.00 121.09
6 692 692 120.50 120.50
32 704-749 711 116.00-128.50 119.78
1 890 890 113.00 113.00

Feeder Steers Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price
1 485 485 129.00 129.00
2 538 538 123.00 123.00
4 686 686 124.50 124.50
1 775 775 110.00 110.00

Feeder Steers Medium and Large 3
Head Wt Range Avg Wt Price Range Avg Price
2 570 570 107.50 107.50

Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
4 344 344 110.50 110.50
1 380 380 90.00 90.00
3 400-420 408 90.00 90.00
8 452-490 457 104.00 104.00
14 556-583 566 100.00-105.00 103.05
13 609-646 626 107.50-108.50 108.02
18 671-680 672 107.00-107.50 107.03
2 730 730 96.00 96.00

Feeder Heifers Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price
4 365-395 373 94.00-106.50 103.19
6 449 449 100.00 100.00
6 523 523 93.00 93.00
4 578 578 100.00 100.00
9 688-695 693 103.00-106.00 105.34
1 740 740 89.00 89.00

Feeder Heifers Medium and Large 3
Head Wt Range Avg Wt Price Range Avg Price
4 461 461 86.00 86.00
4 538 538 95.00 95.00

Feeder Heifers Small 1
Head Wt Range Avg Wt Price Range Avg Price
1 375 375 91.00 91.00
6 473-495 477 89.50 89.50
4 515-540 534 80.00-88.00 86.07
1 550 550 77.00 77.00
1 620 620 87.00 87.00

Feeder Bulls Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
4 331 331 134.00 134.00
7 417-425 419 121.00-128.50 126.34
10 486 486 110.00 110.00
11 550-575 560 85.00-105.00 100.64
13 648 648 94.00 94.00
1 685 685 85.00 85.00
3 713 713 94.00 94.00
1 830 830 86.00 86.00

Feeder Bulls Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price
4 339 339 135.00 135.00
1 365 365 110.00 110.00
4 406 406 126.00 126.00
5 470-486 483 104.00-111.00 109.64
3 547 547 104.50 104.50
2 570 570 88.00 88.00
3 632 632 96.50 96.50

Feeder Bulls Small 1
Head Wt Range Avg Wt Price Range Avg Price
3 423-430 425 78.00 78.00
3 503 503 98.00 98.00
2 568 568 92.00 92.00
3 665 665 82.50 82.50
Oh Great Spirit, who made all races,look kindly upon the whole human family and take away the arrogance and hatred which separates us from our brothers.

david1852
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Re: Market is rough in MS!

Post by david1852 » Thu Oct 10, 2019 7:29 pm

sky- those prices look like the prices here in NC.

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Re: Market is rough in MS!

Post by Stocker Steve » Thu Oct 10, 2019 8:13 pm

[quote=callmefence
ones who do it as a hobby are think their cattle to good to sell
[/quote]

So if you don't sell any cattle, have you really lost money ranching? ;-)
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Re: Market is rough in MS!

Post by snoopdog » Thu Oct 10, 2019 8:16 pm

The future , for the small guy, is to gather as producers and offer potloads of like cattle. 52000lbs will sell better than 1 or 2 at a time, fill the orders , with less effort. Get with your neighbor, put a group together, and cut the sharks out.
Being poor is the most expensive thing there is

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Re: Market is rough in MS!

Post by ccr » Thu Oct 10, 2019 8:54 pm

we sold 7 head last week - northeast texas
Image
these were red angus pot bellied yearlings
clark cattle ranch
happiness is healthy cattle

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Re: Market is rough in MS!

Post by sim.-ang.king » Thu Oct 10, 2019 9:13 pm

October is traditionally the worst time of year to sell. Hold them till spring, or buy cattle now.
Why should I apologize for becoming a monster?
Did anyone apologize for making me one?

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