coachg
Well-known member
Got 10-12 4-5 weight calves , mostly heifers. Should I sell first of December or wait to January ? Anyone with any inside info ?
Depends on your local market and your COG. Here, 450# were selling for almost the same $/head as 550#, so you could not afford to feed them.Got 10-12 4-5 weight calves, mostly heifers. Should I sell first of December or wait to January?
Jan feeder futures were U$S 176 last time I looked. How is that up? Or were you looking at fats?We seldom sell anything from first of Nov until January. Futures are up on cattle so anything we have is waiting. The numbers used by the LRP insurance are all basically up too so that is an indication of what they think the prices will do.
Futures aren't based on 4wt calves. When the January 4wts enter the futures size next fall the current price is around $2.00.Jan feeder futures were U$S 176 last time I looked. How is that up? Or were you looking at fats?
Right.Futures aren't based on 4wt calves. When the January 4wts enter the futures size next fall the current price is around $2.00.
It would depend on his circumstances. But I have been buying 4 wt. steers with the plan of holding them until late summer. I have a friend who has been buying the heck out of 5 wt steers. Only buying weaned and vaccinated steers. I don't know what his plan is but up to a couple years ago he had a trucking company with 6 or 7 cattle pots. As a result he has contacts all over the west. I am certain he has a plan which will make money.Right.
So, coach should hold his 4 wt. calves till fall?
I like more challenge, so I have been buying unweaned heifers.I have been buying 4 wt. steers with the plan of holding them until late summer. I have a friend who has been buying the heck out of 5 wt steers. Only buying weaned and vaccinated steers.
His choice but what I'm saying is the demand for 4wts will get better as the winter goes along because of the futures prices for next fall. Just like many times the load lot price for 8wts will depend on the live price when the cattle finish months later.Right.
So, coach should hold his 4 wt. calves till fall?
I don't sell at Ft Payne , Arab will come pick my cattle up so I've always done better there . I've been down with the flu so I didn't call . Should get my check tomorrow. I'll let you know . Market report looked better than I expected. Ft Payne had issues with USDA so they don't do the USDA report but do their own report ?How'd they do? And did you take them to Ft Payne? Mr TC's cousin got spanked but he also has Charolais, and I don't know how well they do in your area.