Fasten your seatbelts

Congratulations .... I think that the calves did good for you...

We sold the last 10 weaned steers here at the barn, and prices were softer this week... $.15-.40 less per pound than what we got 3 weeks ago for about the same sizes.... Overall the lighter calves were softer than the bigger heavier ones...
Mostly here it is the drought conditions. We have gotten some rain... 2 inches in 3 days... very, very welcome beneficial rain... but it has been spotty and some places have gotten a sprinkle, some 2-3 tenths... a few got over 4 inches.... There is alot of talk about the overall dry conditions, and how corn is not looking good unless it has been irrigated... I think this may be the start of a slow downhill slide with people talking about selling stuff if they don't get some real soaking rains soon.... And several people said that they are having water problems... they can haul some hay but they were not going to start hauling water...
 
On the lots that list a price, but then it says "Pass", was the seller offered that price and chose not to sell,
or was the seller asking that price and did not receive a bid ?

The prices are impressive. That Canadian Approved Beef is doing well.
It’s basically an auction that you bid with a computer button. The cattle are still at home and the seller can accept or refuse final bid. My opinion only but I thought there was a little greed involved in turning down a bid that exceeded $3000 for a 750 lb calf.
 
A little greed might turn into a "oh he//, I should have sold them " because when they do sell, the prices have fallen off more... I agree with you, when is "enough" of a good fair price enough and not getting into the "greed, I want more".... We got a little less for those last 10 steers, than if they had gone a couple weeks ago, but it was still a decent price... son told a guy we were talking to that he was very thankful for the prices a couple weeks ago, and these prices were still good and you don't have to be greedy.... and they are off the feed bill, off the pastures, and will mean more grass for the heifers we still have.

What is the time frame for getting the cattle delivered to the buyers? They sold 2 load lots yesterday, I wasn't paying strict attention, but it was stated right on the sheet listing them that they needed to be moved ASAP due to extreme dry short grass pastures. Most are listed for shipping within a week to 2 weeks....
 
greed or not, it was a good sale imo. I also think this is good for the industry, and I wish sales like this would set the BOTTOM, not the top, but the producer still has to present the best product they can raise.
 
exchange rates always mess with my head. need a calculator for this stuff.
Me too, so I printed out a sheet with the conversions... But for real ROUGH round figures... I figure that $.75 US is equal to $1.00 Canadian..... $1.35 Canadian = $1.00 US.
I know the exchange rate varies back and forth, And it is more like .73 than .75, but that seems to be an easy way to figure it to just get a general idea. So if they got $5.00 /lb for their steers, then we would get the equivalent of $3.65 / lb here.
Same with the thermometer.. I printed off a sheet with the conversions, so that I can see what their temps compared to ours are....
 

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