Incorporating Stockers- Any advice Welcome!

[Dave]

I know that with the rain in California the order buyers have been paying a lot more for light calves. And a young man I know who has a semi has been making regular trips south with light calves. And a local man I know who has pasture leased in CA and Wyo has been shipping light calves nearly weekly. He gets two seasons grazing. Winter/spring in CA and summer in Wyo.

 

[gcreekrch]

Locally, we have a low value of gain on 6 and 7 wts.. Are u seeing this?

No, 7 weight steers sold for up to $2.96 yesterday in Alberta

 

[Stocker Steve]

No, 7 weight steers sold for up to $2.96 yesterday in Alberta

What do 5 and 6 wts bring?

 

[gcreekrch]

What do 5 and 6 wts bring?

$3 to $3.40

 

[gcreekrch]

Sold a load of steers today, nothing fancy, cleaned up stags, horns etc. but decent quality. Sept delivery, 850 lbs at $2.65.

 

[Dave]

Locally, we have a low value of gain on 6 and 7 wts.. Are u seeing this?

I did the value of gain based on last week's market report. It didn't pencil good at all. But them I did based on the future price using LRP. That route came through like gang busters.

 

[Stocker Steve]

I did the value of gain based on last week's market report. It didn't pencil good at all. But them I did based on the future price using LRP. That route came through like gang busters.

Calf market is down here.
Good #500 heifers were U$S 1060 this week.
Good #660 heifers were $ 1200 this week.
So $140/#160 is 88 cents...Hard to make a bundle (stockering) at that VOG.
Seems like stockering worked better before the ethanol mandate.

Have u locked in fall LRP?

 

[Dave]

Calf market is down here.
Good #500 heifers were U$S 1060 this week.
Good #660 heifers were $ 1200 this week.
So $140/#160 is 88 cents...Hard to make a bundle (stockering) at that VOG.
Seems like stockering worked better before the ethanol mandate.

Have u locked in fall LRP?

I haven't locked in LRP and don't know that I will this year. Every time I look it has gone up. The years to do LRP is on a market that I am worried about a down trend. Or if has been too high for too long.