Cattle prices are sure getting beat to heck!

Brown Swiss

Well-known Member
Prime Holsteins are at 93 to 97.

High yielding beef steers are 105 to 108.

That is at the Bloomington Livestock Exchange, Bloomington WI on 9-13
No surprise and not bottomed out yet I can bet!
 
I sold two adult black Angus cows a couple of weeks ago in Lawrenceburg, TN. They were open, but both were good cows in good shape. They averaged $.65 lb. That's down quite a bit from a couple of months ago.

Tom in TN
 
Its only been the last 5 years where prices over $1.00 became the expected norm, with milk prices so low and drought ending rains across much of the high plains and california we may be in for a replay of 1986, a lot of people were forced out in that downturn.
 
Equipment consignment sales have been flooded with equipment especially older stuff not used for awhile and prices are down on it,most times that's a sign of farm products getting cheap and
everyone is trying to raise a little cash.
 

TOM
Here in Ontario this am. it's $16.99 a lb. for sirloin.
Hamburger $5.99lb. . . . . Hamburger at the farm NO ground ice or fillers $9.00lb. Good stuff but $$$ie.

I think someone is making a few cents profit.
 
Southwest Wisconsin hay is cheap and plenty of corn. If cull prices is low lots of old cows might be staying home. Noticed a lot of guys creep feeding calves.
 
Batteries may be getting low in your hearing aid ! Who knows what the future will bring. We have a couple of good in-store butcher shops and I think I'm going to learn to eat hay ! ;^)
 
I'd have liked to have got 105-108 two weeks ago. I got 102-107. I took a load Monday again. Haven't got the check (or bill) yet.
 
Are the beans chest high over by you, last time I seen this tall of beans I had some in a bottom that does well with any thing but to have that tall up on the bluffs on clay ground is a surprise.
 
I feel sick. I just checked Mondays sale results from St Louis Michigan. Choice steers and heifers 93 to 105. Guess which end of the spectrum I'll have been on when the check gets here.
 

In my part of Texas
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Yup, cattle prices across the board have dropped like a stone. But the prices in the stores hasn't followed suit. Grocery store prices has dropped a little but nothing like the cattle prices.
A lot of other factors are affecting demand also, along with the price gouging at grocery stores. The "organic & natural" mis-information, the "vegan" movement, phony health studies paid for by anti-beef groups and good old consumer price resistance.
I think I'll put 1 of this years calves in the freezer so I can go broke in the cattle business and still eat.
 
I've found most of those published prices are quite suspect. You might see 1 cow at the high price and 99 at the low price. I've gone to the auction and then looked at the published prices and then wondered if I was in the same place. Just like the difference between fiction & non-fiction.
 
Not any more there starting to turn you can really see where the poor ground is those have turned and lost there leaves . There is some talk of a fungus in some of the beans that they can't stop. Silage in full swing seen a truck go around a corner the other day the way it was cracking and laying over a good sneeze would have turned it maybe he should have got a c.d.l.
 
Feeders here (N. Ar) are 1.16 to 1.25, and falling. Lotta guys here are wishing they'd have saved some of that money they made the last few years. I can say that we do have plenty of hay and I've got a bin full of corn and beans, so mine won't go until I get good and ready. Someone said this could be a repeat of 86. All I have to say is, I hope you're wrong. We barely scraped by then. But, as the old man would say, there's always next year.

Mac
 
Grocery stores are making a killing right now. In express lane yesterday of one of areas biggest stores. Not walmart! Guy ahead of me had a package of meatballs. I got nosey and counted. 13 store packaged meatballs. All just barely bigger than a golfball. He paid $7.49! I about fell over from sticker shock. Apparently they had to pay the days electric bills on what they made from that one sale.
 
hadley- "Guy ahead of me had a package of meatballs. I got nosey and counted. 13 store
packaged meatballs".

Why on Earth would make you want to see what someone else had in their purchase? And then to
count the number of 'meatballs' he had in a package?

WOW!
 
Don't forget that the meat wasn't bought
yesterday it might take a while to get that
lower price beef in the store in the
meantime they have to pay for the meat the
bought at a higher price. One thing that
might be still holding the store prices up
might be the meat brought on contract .
 
Hauled some calves to the sale barn a few years ago.

They were mostly red.

looked at their website to check the range of auction prices. When I got my check, it was below what they had published.

Called them raising cain, and was told buyers prefer black calves (which I knew), so I asked why their published sales prices didn't have a disclaimer "Prices listed are for black calves only"?

The conversation went downhill after that

Fred
 
(quoted from post at 23:36:41 09/14/16) hadley- "Guy ahead of me had a package of meatballs. I got nosey and counted. 13 store
packaged meatballs".

Why on Earth would make you want to see what someone else had in their purchase? And then to
count the number of 'meatballs' he had in a package?

WOW!

Because you idiot it was the only thing he was purchasing and it was sitting on the belt for a couple of minutes while we waited for the A hole in front to purchase the 40 things they had in the express lane and I just happened to see the price and couldn't believe it. What is your problem with it? WOW!
 

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