20 cows, 10 pairs selling tomorrow at Ft. Payne

[Warren Allison]

Fort Payne Livestock Inc

Selling July 9th . 20 cow herd sellout about 10 pairs.

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[Logan52]

I would need rain and a thicker wallet before I even looked.
Pastures are deteriorating quickly here in Central Kentucky.

 

[Warren Allison]

I would need rain and a thicker wallet before I even looked.
Pastures are deteriorating quickly here in Central Kentucky.

Might be why these are selling. Well, that and the high prices! @coachg how is the grass/pasture/hay situation over your way?

 

[coachg]

We are moderately dry , but definitely could use some measurable rain . Most everyone made almost enough hay on their first cutting to make it through the winter . If I have to feed hay in September like last year I won't have enough . My helper Donald always holds me back from cutting all our grass that we fence off for hay . So my cows are blessed with a lot of grass . . Creeks aren't flowing but the ponds were full to the brim.

 

[Logan52]

Same here. 1st cutting of hay was plentiful and pastures looked the best they had in several years. Near 90 degrees most days for the last three weeks and only very light showers. Ponds are still in good shape, hollows and creek have water but not flowing.
Had hopes for the remnants of Beryl, but they say it will not make it this far east.

 

[coachg]

90 degree heat is definitely a factor ! Corn farmers are getting nervous

 

[coachg]

The Lord blessed us with a great rain last night ! Over an inch looking at a bucket in the back of my truck

 

[coachg]

I'd say the high prices are the motivation for most of these herd sellouts.

 

[Warren Allison]

Rained so hard you couldn't see your nose in front of your face for about an hour around 10 last night, Truck kicked up dust in the driveway while ago!

 

[tex452]

I have lots of grass, I just got one of the patches cut so far, my hay baler had to go to Oklahoma last week, his daughter finished 17th in the national finals.
Beryl went right over my eastern most place yesterday, so I don't know when we can mow.

 

[Warren Allison]

I'd say the high prices are the motivation for most of these herd sellouts.

I know you are right. I am on several Corriente type groups, and lately even the prices for them is off the chain. For the most part, solid colored cows/heifers bred to beef bulls are around $1500 and up, opens around $1200-$1250. Spotted, excessive white, etc, still can be bought for $750 or less. So can roping steers. And it ain't the people doing what we do with them that is driving up the market, either. It is the Wagyu breeders, buying them, to breed to Akaushi and Japanese Black bulls. When I get the rest of the 400....130 are left...this weekend I will have 570 Corr cows. I will have about $12k total in them all. They are all bred, or will be, to 5-figure Brangus bulls. So, if I were to sell out to these folks, I'd be putting a cool $850k+ in my pocket. But, if I were weaning all 570 today, I'd be looking at getting that much for the calf crop. Today at least. And even in our operation, there is some work that we'd have to do to turn out 570 calves year end and year out. and next year the calves might bring $750 each. And the cows go back to 500 or less. The only work involved if I sold out now, would be standing by the trailers and counting them as they loaded them. Then again, we could sit on that $850k and when the bottom falls out again, buy back 500 Corrs for $25k!!

So I understand the dilemma producers are facing right now, Sell?? Keep? Keep the heifers? Sell the heifers? This Corr project has nothing to do with my personal income or net worth. If they all died tomorrow, it will not burden me financially at all. If I sold them for double that $850k, it would not profit me personally at all. And this is driving me nuts!! How much worse is it for those who depend on cattle for their living...their main source of income? These are some wild and crazy times right now.

 

[SoilBuilder]

I know you are right. I am on several Corriente type groups, and lately even the prices for them is off the chain. For the most part, solid colored cows/heifers bred to beef bulls are around $1500 and up, opens around $1200-$1250. Spotted, excessive white, etc, still can be bought for $750 or less. So can roping steers. And it ain't the people doing what we do with them that is driving up the market, either. It is the Wagyu breeders, buying them, to breed to Akaushi and Japanese Black bulls. When I get the rest of the 400....130 are left...this weekend I will have 570 Corr cows. I will have about $12k total in them all. They are all bred, or will be, to 5-figure Brangus bulls. So, if I were to sell out to these folks, I'd be putting a cool $850k+ in my pocket. But, if I were weaning all 570 today, I'd be looking at getting that much for the calf crop. Today at least. And even in our operation, there is some work that we'd have to do to turn out 570 calves year end and year out. and next year the calves might bring $750 each. And the cows go back to 500 or less. The only work involved if I sold out now, would be standing by the trailers and counting them as they loaded them. Then again, we could sit on that $850k and when the bottom falls out again, buy back 500 Corrs for $25k!!

So I understand the dilemma producers are facing right now, Sell?? Keep? Keep the heifers? Sell the heifers? This Corr project has nothing to do with my personal income or net worth. If they all died tomorrow, it will not burden me financially at all. If I sold them for double that $850k, it would not profit me personally at all. And this is driving me nuts!! How much worse is it for those who depend on cattle for their living...their main source of income? These are some wild and crazy times right now.

 

[coachg]

By the way , there were 2 inches of rain in my gauge at the farm . Much needed !

 

[kenny thomas]

What did the Red pairs bring yesterday?

 

[Warren Allison]

What did the Red pairs bring yesterday?

Hard to tell. This is their report. They don't get a USDA report https://www.facebook.com/share/J647gkJqozcWjvVt/

 

[coachg]

Ft Payne doesn't list all their sale classes on their own report. Here's one for Cullman . Arab didn't list any pairs selling .

 

[gcreekrch]

Wish I could find some of those $2650 pairs.

 

[kenny thomas]

These markets are good at advertising pairs coming but hard to see what they brought. 20 good red pairs selling in 1 day should be worth adding to a report.
We report high, low, and average of bred cows. Then high low and average of pairs.

 

[Warren Allison]

These markets are good at advertising pairs coming but hard to see what they brought. 20 good red pairs selling in 1 day should be worth adding to a report.
We report high, low, and average of bred cows. Then high low and average of pairs.

There were more black cows than red, but these cows were obviously a hetera black cross breed, because all calves were red. Most sales have another page with their head cattle prices, and goats, horses, etc on it, but I guess Ft Payne doesn't do that.

 

[coachg]

There were more black cows than red, but these cows were obviously a hetera black cross breed, because all calves are red. Most sales have another page with their head cattle prices, and goats, horses, etc on it, but I guess Ft Payne doesn't do that.