No Cows

[highgrit]

Yesterday at the sale in Fitzgerald, GA there was only 99 head of cows and calves were run through the sale ring. And the sale in Ashburn which is the largest in GA only had a little over 700 head total for sale last week. Just stopped by the sale barn in Hawkinsville and it looked like there was less than 200 total head there for sale today. If this keeps up how can the price keep going down?? Right now nobody's making any money at the sale barn around here. The feed lots are ripping us off, and the price fixing needs to stop.

 

[ga.prime]

The price for feeders will probably keep going down at least until corn prices stabilize.

 

[M5farm]

here is our market report for yesterday

Livestock Market Report

Report Date: July 23, 2012
Receipts this Week 792
Receipts last Week 787


Feeder Classes
Bulls & Steers (Medium & Large 1 & 2)
150-300 lbs UP TO 272.00
300-400Lbs Up To 200.00
400-500Lbs Up To 147.00
500-600Lbs Up To 132.00
600-700Lbs Up To 125.00
700-800Lbs Up To 120.00

Heifers (Medium & Large 1 & 2)
150-300 LBS UP TO 180.00
300-400Lbs Up To 153.00
400-500Lbs Up To 142.00
500-600Lbs Up To 129.00
600-700Lbs Up To 117.00
700-800Lbs Up To 111.00
Slaughter Classes
Cows
High Dressing Up To 79.50
Breakers Up To 76.50
Lean Up To 67.50
Bulls Up To 96.00

Stocker Classes
Bred Cows Up To 1,000.00
Cow Calf Pairs Up To 1,250.00









COMMENTS



Slaughter classes 2 to 3 lower . Calves and feeder steady on the heavier weights and 3 to 5 higher on calves weighing 300 to 500 . Not enough replacement cows to establish a trend, but looked to be steady. Uncertainty of corn supply and prices and the extreme heat and drought over most of the nation still the main factor concerning the market. I still believe that the low cattle numbers are in our favor. Fed cattle coming out of the western feedlots lower last week with direct sales @ 112.0o to 114.00 .

 

[WORANCH]

Calves here are going down fast.



Receipts: 3163 Last Week: 3556 Year Ago: 2651

Compared to last week's sharp decline, steer calves under 650 lbs were an
additional 10.00-25.00 lower this week, with weights under 450 lbs 20.00-30.00
lower, weights over 650 lbs 5.00-8.00 lower, although a load lot heavy 8 weights
sold near steady. Heifers under 600 lbs 13.00-22.00 lower, over 600 lbs 6.00-
13.00 lower. Supply moderate, quality, especially in early goings, well below
normal, where Summer stress factors had obviously taken tool. Demand light to
moderate, buyers had some orders Tuesday, but with the industries current gloom
and doom atmosphere, were forced to buy'em cheaper again this week. Similar
situations all across cattle country is said to be causing some auction market
owners and even a few market reporters to at least consider leaving the country
for just a while or surely until the dust settles. Perhaps one fellow producer
said it best when he reminded us of an old sayin' "That one has to laugh a
little these daze, just to keep from crying". Supply consisted of 52 percent
steers and 48 percent heifers. Near 47 percent weighed over 600 lbs.

Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
9 328-342 334 140.00-149.00 144.09
5 303 303 167.50 167.50 Fancy
12 351-399 379 140.00-148.00 143.72

45 400-446 426 130.00-141.00 135.96
40 451-495 466 130.00-142.00 137.31

14 516-545 520 129.00-135.00 129.81
9 535-545 543 123.00-126.00 124.00 Fleshy
5 522 522 139.00 139.00 Gaunt
38 558-587 578 130.00-135.00 132.00
13 565-577 575 120.00-126.00 123.47 Fleshy

5 608 608 130.00 130.00
6 635 635 120.00 120.00 Calves
20 664-691 679 122.00-128.00 124.64
6 650-685 678 115.00-117.00 116.51 Calves

24 719 719 125.00 125.00
12 722-748 733 117.50-120.00 118.46 Calves
69 756-794 766 120.00-123.50 122.50

64 811 811 126.00 126.00

Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
11 270-283 278 162.50-165.00 164.12
6 341 341 154.00 154.00
30 350-397 371 140.00-151.00 144.25
11 415-437 419 136.00-137.50 136.28
10 493-495 494 125.00-133.00 128.99
33 500-511 509 130.00-133.50 131.26
22 529 529 138.50 138.50 Gaunt
17 560-564 562 125.00-130.00 127.65
14 617-648 632 126.00-127.50 126.73
23 655-699 691 122.50-129.50 123.65
7 745 745 118.00 118.00
6 720 720 114.00 114.00 Calves
51 755-787 771 119.00-126.00 122.48
8 815 815 126.00 126.00
9 806 806 117.50 117.50 Fleshy
106 873-878 875 125.00-128.00 126.75
36 898 898 116.00 116.00 Fleshy
102 963 963 120.00 120.00 Fleshy

Feeder Steers Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price
10 365-390 370 130.00-132.00 131.58
12 382 382 125.00 125.00 Brahman X
10 415-435 421 125.00-133.00 126.65
12 480-485 483 128.00-129.00 128.41
29 525-546 536 119.00-130.00 123.83
18 550-587 571 117.00-130.00 125.07

Feeder Steers Large 1
Head Wt Range Avg Wt Price Range Avg Price
5 497 497 115.00 115.00
9 505 505 126.00 126.00

Feeder Steers Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
5 536 536 128.00 128.00 Thin Fleshed

Feeder Holstein Steers Large 3
Head Wt Range Avg Wt Price Range Avg Price
16 586 586 95.00 95.00

Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
18 303-315 304 127.50-133.00 132.68
19 359-395 375 126.00-131.00 128.44
5 373 373 120.00 120.00 Fleshy

17 413-441 434 125.00-130.00 126.12
5 435 435 137.00 137.00 Fancy
9 407-435 424 116.00-120.00 117.47 Fleshy
31 467-497 483 115.00-125.00 118.81
5 460-485 465 100.00-110.00 107.91 Fleshy

58 505-543 530 115.00-124.00 117.61
22 550-581 557 113.00-118.00 114.86

69 602-610 609 116.00-122.50 121.85
18 605-631 626 113.00-115.00 114.05 Calves
88 682-688 686 117.50 117.50
5 650-687 680 110.00-114.00 110.77 Calves

14 705-708 706 112.00-115.00 113.93
20 750-765 764 110.00 110.00

Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
7 255-290 280 125.00-134.00 131.66 Thin Fleshed
2 345 345 118.00 118.00
6 303 303 135.00 135.00 Thin Fleshed
37 365-385 374 125.00-132.00 127.75
33 400-441 423 113.00-131.00 120.89
69 457-499 475 113.00-123.00 118.05
74 508-547 531 113.00-123.00 119.60
37 550-584 567 114.00-119.00 116.69
37 603-632 621 112.00-116.00 115.00
13 615-640 632 105.00-108.00 105.90 Fleshy
20 661-693 683 112.00-114.00 112.71
17 806-823 818 107.00-107.50 107.14
14 837 837 103.00 103.00 Fleshy

Feeder Heifers Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price
7 340 340 121.00 121.00
6 305 305 127.50 127.50 Thin Fleshed
6 360 360 119.00 119.00
3 393 393 127.00 127.00 Thin Fleshed
20 415-440 425 110.00-120.00 113.76
6 405 405 125.00 125.00 Thin Fleshed
12 450-485 474 112.50-121.00 116.63
7 450-490 460 100.00-108.00 105.59 Fleshy
12 506-545 530 108.00-118.00 110.55
6 522 522 112.00 112.00 Thin Fleshed
27 675-684 684 105.00-113.00 112.71
21 875 875 96.50 96.50 Fleshy

Feeder Heifers Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
10 1040 1040 92.00 92.00 Fleshy

Feeder Heifers Large 3
Head Wt Range Avg Wt Price Range Avg Price
74 596 596 101.50 101.50 Replacement
7 995 995 87.00 87.00 Replacement

Feeder Bulls Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price
12 500-531 523 119.00-126.00 122.31

Feeder Bulls Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price
9 423-442 432 127.00-128.00 127.43
8 443 443 114.00 114.00 Fleshy
9 466-475 471 118.00-127.00 121.96
11 627 627 125.00 125.00

Feeder Bulls Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price
6 433 433 127.00 127.00

Source: MO Dept of Ag/USDA Market News Service,
Dave Smith, Market Reporter, 573-751-5618
State Wide Market Hotline 1-573-522-9244
http://www.ams.usda.gov/mnreports/JC_LS763.txt

 

[kenny thomas]

highgrit, same here in VA,TN,KY. About 1/2 the normal head count selling.

 

[J&D Cattle]

Sale numbers has been down the last two weeks or so here at my local barn in South Central MO but before that numbers were at record highs. With our drought and severe hay shortage I know of many producers who have sold out, sold down, or sold light calves way earlier than normal.

 

[bigbull338]

most people around here are going to hold all their calves till after oct.as thats when they say the prices will go sky high again.now add in the droughts in the northern states.an theres no telling how long the prices will stay up.

 

[BC]

Yesterday at the sale in Fitzgerald, GA there was only 99 head of cows and calves were run through the sale ring. And the sale in Ashburn which is the largest in GA only had a little over 700 head total for sale last week. Just stopped by the sale barn in Hawkinsville and it looked like there was less than 200 total head there for sale today. If this keeps up how can the price keep going down?? Right now nobody's making any money at the sale barn around here. The feed lots are ripping us off, and the price fixing needs to stop.

The feedlots are not ripping you off, they are trying to get back some of the money they lost in over paying for your calves earlier this year and last fall. If you really want to blame someone for the price of calves despite the lower numbers, blame our government's mandate on the use of ethanol in fuel. It has created a demand for grain that makes grain worth more for ethanol production than for feeding livestock. Just look back to before the mandate, corn was around $2 to $2,50 per bushel, now it is way over $7 per bushel. When corn was cheap, it made sense to make ethanol. Want to see cheaper feed costs, get your congressman to vote to end the ethanol mandate and subsidies for ethanol plants. Feed grains would go down quickly.

 

[Howdyjabo]

I second that feedlots are not ripping you off.
There is a shortage of calves- if they are not competing for them(ie pushing the price up) its because they cannot make money with them.
the solution is for the Americans to get used to paying 40-50% of their income on food.

The timing of an ethanol mandate couldn't have been worse-- If farmers had had better weather(the last two years) to build up a surplus again(we all know they can do it) it would have been good for everyone. When tieing food costs to energy costs - it forces people to pay the true value for food.
Farmers problems have always been that the " pie"(consumer costs) is too small- and leaves us competing with each other for who reaps the profits each year. the "pie" needs to be bigger so there is enough money to go around for all segments.
Had the grain farmers been able to produce good crops for the last two years- we would ALL be loving the ethanol mandate.Now its going to hurt- but the end result may be good for those that survive- this will definitely force people to pay the true value of food.