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Encouraging sign?

Posted: Wed Jan 08, 2020 7:41 pm
by Luckiamute
Don't know what to make of this, but maybe this is an encouraging sign for 2020:

Central Oregon Livestock Auction, Madras, Oregon
Monday, Jan. 6, 2020
STEERS

(top penlots)
300-400 lbs.: $200-$215 hwt
400-500 lbs.: $181-$217 hwt
500-600 lbs.: $165-$185 hwt

This was a special feeder sale that had 2,555 head (including butcher cows/bulls). Some of the best prices I've seen out west since early last spring.

Re: Encouraging sign?

Posted: Wed Jan 08, 2020 7:57 pm
by TennesseeTuxedo
Outstanding prices.

Re: Encouraging sign?

Posted: Wed Jan 08, 2020 8:26 pm
by sstterry
Luckiamute wrote:
Wed Jan 08, 2020 7:41 pm
Don't know what to make of this, but maybe this is an encouraging sign for 2020:

Central Oregon Livestock Auction, Madras, Oregon
Monday, Jan. 6, 2020
STEERS

(top penlots)
300-400 lbs.: $200-$215 hwt
400-500 lbs.: $181-$217 hwt
500-600 lbs.: $165-$185 hwt

This was a special feeder sale that had 2,555 head (including butcher cows/bulls). Some of the best prices I've seen out west since early last spring.
Oh dear, be still my beating heart!!!

Re: Encouraging sign?

Posted: Wed Jan 08, 2020 9:44 pm
by TN Cattle Man
I would be happy with that!!

Re: Encouraging sign?

Posted: Thu Jan 09, 2020 5:58 am
by Jeanne - Simme Valley
Woohoo. Wouldn't that be nice to continue.

Re: Encouraging sign?

Posted: Thu Jan 09, 2020 10:30 am
by Stocker Steve
Calf market is making the typical New Year bounce.

I am not a westerner, but there are generally higher calf prices there, that I assume are due to lower cost of gain.

Re: Encouraging sign?

Posted: Thu Jan 09, 2020 10:53 am
by Dave
It rained in California. It is that simple. When it rains down there they grow a lot of grass and need a lot of light calves to go to that grass. It doesn't happen every year but when it does it bumps our calf market up substantially.

Re: Encouraging sign?

Posted: Thu Jan 09, 2020 3:25 pm
by Stocker Steve
What stocker size range do they prefer?
How far will they haul calves to stock California pastures?

Re: Encouraging sign?

Posted: Thu Jan 09, 2020 5:50 pm
by Dave
My observation is they like them in the 400-500 pound range. Not too much over 600.
How far will they ship them? I have no idea. Freight is freight so that cost is easy to figure and deduct from the price paid. But there certainly is some additional deduction for sickness on ones shipped further. Weaned and double vaccinated calves are most certainly worth more when it comes time to ship for a distance.

Re: Encouraging sign?

Posted: Thu Jan 09, 2020 7:40 pm
by Stocker Steve
Have to balance your ability to deal with health issues vs. potential lbs gain/acre for the light ones. :cowboy: