Prices down

[elkwc]

At the sales in this area the last two days I have been told those over 500 lbs have been down 10-15 dollars a hundred. The heavier ones taking more of a hit. Blaming it on the board and tariffs. Glad we sold ours 10 days ago.
Would like to hear what others are seeing elsewhere. Hopefully things settle down.

 

[ClinchValley86]

At the sales in this area the last two days I have been told those over 500 lbs have been down 10-15 dollars a hundred. The heavier ones taking more of a hit. Blaming it on the board and tariffs. Glad we sold ours 10 days ago.
Would like to hear what others are seeing elsewhere. Hopefully things settle down.

@kenny thomas said it'll be back in a few weeks. I agree.

Numbers being brought to market are down on account of the board too. They'll have to pony up to get them rolling in again. I hear many brought calves early to cash in so they've probably got room to hold those remaining while they wait it out.

In Unionville, TN prices were up on Monday, but that's an oddity from what I've been hearing.

Supply/demand should straighten things out. IMO

 

[Silver]

Looks like the local auction mart yesterday most classes of calve were up 10¢ to 15¢ per pound.

 

[elkwc]

Kenny said it'll be back in a few weeks. I agree.

Numbers being brought to market at down on account of the board too. They'll have to pony up to get them rolling in again. I hear many brought calves early to cash in so they've probably got room to hold those remaining while they wait it out.

In Unionville, TN prices were up on Monday, but that's an oddity from what I've been hearing.

Supply/demand should straighten things out. IMO

The numbers were down here. I feel both wet conditions and the market played a factor. Several consigned early canceled. We had planned to sell some possibly tomorrow. Will wait 2-3 weeks now. Most are lighter calves on their mothers on graze out wheat. My barn managers are saying the remaining number of lighter grass calves are tight and since the rain phone have started coming in. I know a few that due to the circumstances including the fire can’t hold too long. Hopefully in a few weeks it recovers some.

 

[crossbreed]

feeders to 600 were down $20 locally around here. I agree with Kenny though that it will rebound. Trumps tariffs have taken everything down for the minute, expect it all to come back.

 

[Dave]

The reports look about the same level of price. Of course that is reading the report not from sitting in the seats. Numbers are down but they always are this time of the year.

 

[Hippie Rancher]

sent 3 head this week but they aren't representative, 2 older steers and a fighting cow. will see how they do tomorrow. planning on a bigger load next week. need to unload some females but guy who helps has a keep all female/build herd mindset and I tend to fall for those pretty teen age girls (all heifers look good don't they?) so it gets hard to ship cows when he is around unless they get hooky with him.

 

[Caustic Burno]

Trump has already won, has the other countries coming to the negotiating table.
Market up 2600 points.
There is no way I would sell calves right now as jitters and spine tingling drive commodities markets.
My philosophy has always been sell in June or January historically here yields the best price.

 

[coachg]

We sold yesterday, 38 to Arab stockyards. On the average they were down maybe $7 a hundred but we still had some that brought over $4 a lb .

 

[WFfarm]

As a seasonal trend here, feeder prices peak mid to end of March and always seem to start tapering off in April. I think it's that hay supplies start getting short and the spring grass has not yet come up enough yet.

 

[OBAX]

Prices are holding up on all classes as far as I can tell. I only have market reports to refer to on several classes, but I have sold heavy bills for close to $2/lb., and cull cows for north of $1.50. And I just sold a load of 5 weights that included several heifers that averaged $4.03/lb across the whole load. That’s pretty spectacular. I’d say cancelling consignments has a bigger chance to end negatively than positively.
Heck $10-$15 cwt is nothing in today’s market, and can happen simply according to which buyers are present that day. Obviously we want every dollar possible for what we sell, but I’m saying that I would have been doing fine with a $50cwt swing either way. $3.53 cwt is almost hard to believe and that’s $50 less than what I got.
I think sometimes we forget where we started, $1.40-$1.50, and get desensitized and greedy when prices get to these levels.
Bottom line, if you got em, sell em. They gonna do good and you’re gonna make money.

 

[Dave]

Prices are holding up on all classes as far as I can tell. I only have market reports to refer to on several classes, but I have sold heavy bills for close to $2/lb., and cull cows for north of $1.50. And I just sold a load of 5 weights that included several heifers that averaged $4.03/lb across the whole load. That's pretty spectacular. I'd say cancelling consignments has a bigger chance to end negatively than positively.
Heck $10-$15 cwt is nothing in today's market, and can happen simply according to which buyers are present that day. Obviously we want every dollar possible for what we sell, but I'm saying that I would have been doing fine with a $50cwt swing either way. $3.53 cwt is almost hard to believe and that's $50 less than what I got.
I think sometimes we forget where we started, $1.40-$1.50, and get desensitized and greedy when prices get to these levels.
Bottom line, if you got em, sell em. They gonna do good and you're gonna make money.

Yep, I remember $0.40 kill cows just 3 or 4 years ago. I remember the first time I got $1.00 for a 500 pound steer. Sure it wasn't yesterday but it was after 2000.

 

[WAnabee]

Made this with USDA data and CPI data. Doesn't include 2025 data, and I question the accuracy of the CPI inflation numbers, but according to this, adjusting for inflation, very close to 2014, 2015 prices, probably there by now if you were to include 2025 prices. Take it for what its worth

 

[Caustic Burno]

View attachment 56836
Made this with USDA data and CPI data. Doesn't include 2025 data, and I question the accuracy of the CPI inflation numbers, but according to this, adjusting for inflation, very close to 2014, 2015 prices, probably there by now if you were to include 2025 prices. Take it for what its worth

Cattle prices have followed a ten year cycle since I started playing this game 56 years ago.

 

[MACVSOG]

Cattle prices have followed a ten year cycle since I started playing this game 56 years ago.

agreed. was just considering inflation of everything in that approximate time period. recall buying three pairs at llano texas auction circa 1954-5 for $400 per. today's market puts those at $4000 per, just saw a sale couple days ago at $4500 per. i should quit looking at the past.

 

[Caustic Burno]

agreed. was just considering inflation of everything in that approximate time period. recall buying three pairs at llano texas auction circa 1954-5 for $400 per. today's market puts those at $4000 per, just saw a sale couple days ago at $4500 per. i should quit looking at the past.

Seen production sale of F1 tiger heifers started at 4200.
At 2.00 dollars a day inputs to keep one standing in the pasture , I couldn’t make em pencil out.

 

[greybeard]

https://www.brownfieldagnews.com/market-news/cattle-futures-pressured-by-sharp-drop-in-boxed-beef/

 

[Dave]

https://www.brownfieldagnews.com/market-news/cattle-futures-pressured-by-sharp-drop-in-boxed-beef/

I was talking to a feedlot guy at the sale yesterday. He said all this futures market stuff is the commodity traders. Live cash cattle are still selling for $2.08. This is a man with 15,000 on feed so he should know.

 

[Sheisgonnakillme]

I saw 4 head steers at 10wt go through today and pull $320 we aren't seeing and softness in WA State

 

[kenny thomas]

Missouri