They aren't going down yet.

[Dave]

I wasn't going to go to the sale yesterday for 2 reasons. The first is they were having one of their first feeder special sales with 2,000+ feeder calves. The second was some medical stuff from Tuesday. But they advertised over 100 bred cows and I was feeling pretty good so I went. I knew they would sell the feeders first so I went late. Timed it to get there after 5:00. When I got there the first ring load sold was 640 lb steers that sold for $4.20. Prices sure haven't dropped. Saw some light calves top $5.00. When they finally got to the bred cows I pretty much sat on my hands. The ones I came to see were broken mouth black cows bred to black bulls for February calves. They were in their work clothes weighing 1,250. Sold in groups of 20 cows they brought $2500. Too rich for my blood. They started them at $2200 which was what I was looking to pay. Most of the rest of the bred cows were big heavy cows weighing 1,400-1,600 lbs. Not the kind that work for me even if they were cheap enough which they weren't.

 

[sstterry]

I heard a couple of days ago that National Beef supply is at a 75 year low.

 

[mncowboy]

local sales barn expects bred heifers and young cows to range from $3,750-$4,500 this fall early winter.

 

[Brute 23]

I heard a couple of days ago that National Beef supply is at a 75 year low.

Ya but wining and crying by farmers and people who feed calves is at an all time high. They are getting ready to throw cattle producers under the bus, as usual.

 

[mwj]

I heard a couple of days ago that National Beef supply is at a 75 year low.

Compare population and consumption per capita it would take some ''very creative'' math to make that statement close to being true.

 

[kenny thomas]

local sales barn expects bred heifers and young cows to range from $3,750-$4,500 this fall early winter.

Its fall in a few days and were already seeing prices that high and higher.

 

[daneg]

Hot sale yesterday, just a sample in Canuck buck

 

[anewcomer]

Check pounds of beef produced, not number of cattle. That’s what counts. We are producing the most beef ever with the fewest cows in 75 years.

 

[sstterry]

https://www.marketwatch.com/story/i...-havent-dented-beef-demand-heres-why-41327b35
https://www.cobank.com/knowledge-ex...ef-attracts-more-customers-than-it-can-handle

https://www.kla.org/news-center/new...s/43947/consumer-demand-remains-high-for-beef

 

[Warren Allison]

Compare population and consumption per capita it would take some ''very creative'' math to make that statement close to being true.

That has nothing to do with it. The national herd...the number of animals is at the lowest level since 1952.

 

[mwj]

That has nothing to do with it. The national herd...the number of animals is at the lowest level since 1952.

''Beef supply'' was the term used. It did not say cattle on hand. When I hear beef supply I think it indicates an edible product.

 

[Dave]

It use to be there was a pretty heavy discount for carcasses over 1,000Lbs. This week's report for cash cattle on dressed basis has the average carcass in the high 990's. There is a lot more meat in a 1,000 lb carcass then there is in the 600 lb carcasses from a few years back.
I remember when my friends started getting their calves fed at a Agribeef feedlot about 15 years ago. They were happy because Agribeef has their own slaughter house and there was no discount for carcasses over 1,000 lbs. The other option here was Tyson and they had a pretty steep discount for what they called over sized cattle. Watching what Tyson is buying now in the way of feeder calves I bet they have changed their policy on bigger slaughter animals.

 

[crossbreed]

I wasn't going to go to the sale yesterday for 2 reasons. The first is they were having one of their first feeder special sales with 2,000+ feeder calves. The second was some medical stuff from Tuesday. But they advertised over 100 bred cows and I was feeling pretty good so I went. I knew they would sell the feeders first so I went late. Timed it to get there after 5:00. When I got there the first ring load sold was 640 lb steers that sold for $4.20. Prices sure haven't dropped. Saw some light calves top $5.00. When they finally got to the bred cows I pretty much sat on my hands. The ones I came to see were broken mouth black cows bred to black bulls for February calves. They were in their work clothes weighing 1,250. Sold in groups of 20 cows they brought $2500. Too rich for my blood. They started them at $2200 which was what I was looking to pay. Most of the rest of the bred cows were big heavy cows weighing 1,400-1,600 lbs. Not the kind that work for me even if they were cheap enough which they weren't.

I’ve been reading your methods for quite while and have excess grazing hay so decided to try your methods with owe and done heavy breads . Went to the sale barn Tuesday and watched the 7-9 month older cows bringing 3k +! Just couldn’t pull the trigger to buy. Different sale barn this Monday and going to try again

 

[Dave]

I've been reading your methods for quite while and have excess grazing hay so decided to try your methods with owe and done heavy breads . Went to the sale barn Tuesday and watched the 7-9 month older cows bringing 3k +! Just couldn't pull the trigger to buy. Different sale barn this Monday and going to try again

One of the things which makes this work is having a budget on how much you figure you can pay for a cow. Stick to it and be willing to come home with an empty trailer. I occasionally pay more for single good cow but only if I have bought enough cheap enough that the high priced one still keeps my average in line. Heavy 7-9 month breds will always cost more. I am looking to buy 4-5 month breds now. So February - March calves. But that is what works here. April calves are too small come sale time. January December calves are too risky because of winter here.

 

[CowboyRam]

 

[kenny thomas]

View attachment 62014

Heck of a good sale there.

 

[crossbreed]

One of the things which makes this work is having a budget on how much you figure you can pay for a cow. Stick to it and be willing to come home with an empty trailer. I occasionally pay more for single good cow but only if I have bought enough cheap enough that the high priced one still keeps my average in line. Heavy 7-9 month breds will always cost more. I am looking to buy 4-5 month breds now. So February - March calves. But that is what works here. April calves are too small come sale time. January December calves are too risky because of winter here.

Picked up my first today. 5/5 and here in Texas shouldn’t be a problem with weather. Talking to a buyer at the sale and he has a client who mostly buys 3-4 pregs and hauls them back at 8-9. Not huge profit but quick turnover and doesn’t have to risk losing calves. Interesting how folks have so many ways to be successful

 

[PPRM]

It use to be there was a pretty heavy discount for carcasses over 1,000Lbs. This week's report for cash cattle on dressed basis has the average carcass in the high 990's. There is a lot more meat in a 1,000 lb carcass then there is in the 600 lb carcasses from a few years back.
I remember when my friends started getting their calves fed at a Agribeef feedlot about 15 years ago. They were happy because Agribeef has their own slaughter house and there was no discount for carcasses over 1,000 lbs. The other option here was Tyson and they had a pretty steep discount for what they called over sized cattle. Watching what Tyson is buying now in the way of feeder calves I bet they have changed their policy on bigger slaughter animals.

They have

 

[greybeard]

Decline in beef production is just getting started https://share.google/rG8EPUwQ7zp88BXxU