First feeder sale of season

[canadianfarmboy]

Well the first feeder sales of the season started here on friday . I thought prices were darn good and cant see a way to buy cattle of these prices and turn a profit. Whats everyone thinking?


VOLUME TOTAL 1 655
MÂLES

Weight # of head Ave. Price
400 lb et moins 1 90 - 90
401 - 500 lb 13 80 - 180
501 - 600 lb 65 130 - 170
601 - 700 lb 249 132 - 160
701 - 800 lb 367 135 - 147
801 - 900 lb 159 129 - 140
901 lb et plus 42 109 - 127
FEMELLES

401 - 500 lb 13 100 - 130
501 - 600 lb 91 106 - 147
601 - 700 lb 276 119 - 139
701 - 800 lb 285 110 - 129
801 - 900 lb 76 105 - 123
901 lb et plus 18 100 - 114

 

[3legdonkey]

Here are last weeks prices from Joplin Missouri. If we assume approximately 1 for 1 on the CA vs US exchange rate the prices differences are very interesting. You seem to have a much larger spread on your prices within any weight range. And your steers (Males) are about .30c higher.

Feeder Steers: Medium and Large 1
400-500 lbs 135.00-148.00;
500-600 lbs 130.00-143.50;
60-700 lbs 128.00-135.50;
700-800 lbs 125.00-133.00;
800-900 lbs 118.00-128.00;
900-925 lbs 120.50-121.50.


Feeder Heifers: Medium and Large 1
400-500 lbs 123.00-135.75;
500-600 lbs 117.00-125.00;
600-700 lbs 118.00-125.50;
700-750 lbs 119.00-124.50;
825-850 lbs 113.50-118.00.

By the way. You can watch the Joplin Stockyard and a number of other auction houses on the web here:
http://www.dvauction.com/

ThanX for posting your local info as it is always very cool to compare prices across regions.

 

[Stocker Steve]

Profit depends a lot on feed cost and selling price... and there is always someone who does well even when the average is losing.
Futures are up to $125 and I think there is a way to make some money by feeding by products.

 

[john250]

I saw 4 weights for October delivery bring $175/cwt on RFDTV/Superior Auctions. I smiled and hoped I can come close to that.
As I recall, it was 200 total head. -.10 on the heifers.

 

[Stocker Steve]

I saw 4 weights for October delivery bring $175/cwt on RFDTV/Superior Auctions. I smiled and hoped I can come close to that.

$140 for nice double vaccinated 450# steers here. What was so special about Superior?