Cattle prices must be on their way down

BarnyardEngineering · Nov 30, 2017

You can always tell when cattle prices start to go down. All sorts of ads pop up on Craigslist trying to sell cattle at peak market prices. They missed the boat and now they're trying to find some sucker to take the loss for them.

ptfarmer · Nov 30, 2017

Been that way for awhile now, instead of getting something like $1500 per head its down to around $600 per head.

IaGary · Nov 30, 2017

A 1200 pound finished steer is still bringing close to $1500 here.

ptfarmer · Nov 30, 2017

We were getting around $1500+ for a 700 lb calf, now with a 700 lb calf now you are lucky to get $600. If you sell over 800 + lbs per head the price drops like a rock. $1500 for a 1200 lb steer is not that good considering we were getting $1500 for a 700 lb steer.

rrlund · Nov 30, 2017

I think it's just that time of year when they're about finished out,the grass is gone and they don't want to feed them through the winter. Prices at the sale barn have been inching up slowly. It's not like the people who advertise them on CL are some kind of genius with a crystal ball.

ptfarmer · Nov 30, 2017

Actually its been like that for well over a year now.

ptfarmer · Nov 30, 2017

(quoted from post at 08:02:36 11/30/17) I think it's just that time of year when they're about finished out,the grass is gone and they don't want to feed them through the winter. Prices at the sale barn have been inching up slowly. It's not like the people who advertise them on CL are some kind of genius with a crystal ball.

There was one guy on CL trying to get $2000 for a steer. He took the ad down after few people told him he was crazy, and no one was going to pay that.

cuby · Nov 30, 2017

Showing on TV this morning cattle at a buck ninety {IA}

sourgum · Nov 30, 2017

Live cattle yesterday quoted on market report was 1.20, year ago yesterday was 1.10 ? Must be missing something.

rrlund · Nov 30, 2017

Local sale barn where I sell,colored fats topped at $1.18 two weeks ago,1.20 last week,1.22 this week.

donjr · Nov 30, 2017

I was going to get out of the cow business this winter, and have gotten down to seven boneheads. I took a few up a couple of weeks ago and have decided to just go ahead and feed these on thru the winter and
get a bunch in the spring to keep the place mowed, Guess my point is that I'm just not going to give them away.......

Destroked 450 · Nov 30, 2017

The $2.00 plus prices a few years ago was a temporary thing just like corn prices before that, I knew it wouldn't last but enjoyed it while it did.

Sold some 5 weight feeders 3 weeks ago for $1.30-$1.40 range, would have liked to seen $1.50 but market always drops in the fall, from Thanksgiving till Jan is the worst time to sell.

I've always got more from fall calves selling in the spring than from spring calves selling in the fall.

rrlund · Nov 30, 2017

You need a new TV. The one you have is full of crap.

LonM · Nov 30, 2017

If that was for fat cattle, that $1.90 is probably the "in the meat" price, which figures back to around $1.19/# live.

Lon

Russ from MN · Nov 30, 2017

We passed a feed lot in W KS today that was all black and white, Holsteins. Is that where the bull calves go from the dairy farms? Are they
just ordinary beef? Most feed lots are all black Angus, but my dad raised Herefords, maybe they could stand the flies and cold weather
better.

in-too-deep · Nov 30, 2017

Cow prices are in the crapper from drought flooding the market this summer and fall. Feeder prices are holding
their own considering the time of year. I look for better prices in the next 2 years until herds are rebuilt.

Bruce from Can. · Dec 1, 2017

Don't look now but , every one that owns live stock is just getting screwed over again. End of story.

It is nothing , or little to do with a flood some where, or a drought some where else.The price is down
because some trader selling or buying futures has stopped , or started buying. Or some packers have just
decided to slow down on buying , to wait for the price to back off. It is not like the farmers can just
hold their market cattle back till they see a price they like, they have to go, and the buyers know this.
It cost the farmer $$$ to hold them back and feed them, so they dump the cattle. later when the supply
falters , and the price tickles back up, all the farmers jump back in again. Been going on forever, numbers
are just getting bigger , and it hurts more to take the losses now. It is like gambling, if you can't
afford to lose,stay out of the casino . That is about what it comes down to.

tom stalker · Dec 1, 2017

I sold some feeders early October and got $1.25 - $1.30

Up a little from spring / summer prices but not much

Texasmark1 · Dec 2, 2017

LAMO. Had to laugh at this one.

Cattle prices must be on their way down

BarnyardEngineering

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ptfarmer

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IaGary

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ptfarmer

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rrlund

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ptfarmer

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ptfarmer

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cuby

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sourgum

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rrlund

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donjr

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Destroked 450

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rrlund

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LonM

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Russ from MN

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in-too-deep

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Bruce from Can.

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tom stalker

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Texasmark1

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