It’s a very interesting market we have right now. Fat cattle are actually running higher than a year ago, even though protein production levels are at or near all time highs. Yearlings are still trading higher than last year, even though they have come down several dollars and calves are trading below last year, even though we have more feed and pasture than last year. All of our cattle prices are very good considering that grains are at or near all time record highs, with projections of going higher!
The moisture situation continues to cause problems in many areas. The southeast and southwest parts of the United States are still in a severe drought situation, with many cows leaving those areas. The central plains and mountain areas have more moisture than last year, but the early rains and snows are not coming.
Wheat pasture is a difficult term to define this year. In the normal grazing areas of the panhandles, there is not enough moisture to get the wheat out of the ground, while in Oklahoma and southern Kansas; nobody wants to graze the wheat that’s already up. There is excellent opportunity to graze wheat for a short time and still get $6.00 or $7.00 a bushel! Someone needs to take advantage of it!
Bred cows and calves are still very much a good investment. Calves are being sold at a price where they can be hedged for a profit, while the bred cows will still produce a calf and be paid off in a couple years. The cow herd is still not building up, and those yearlings and fats have to come from somewhere! Let’s just hope it’s the United States and not somewhere else.
It’s a great time to get in the cattle business. There are opportunities coming up everywhere! There are many nice young cows available for sale, along with good quality calves to turn out. There is more hay and feed in the country, and it sure looks like demand for beef is excellent! All we need is a good drink of moisture and it just looks better!
COMING NEXT TUESDAY, NOVEMBER 13 IN ENID:
SPECIAL WEANED, PRECONDITIONED CALF SALE!
S & S Farms 160 Fancy, Angus sired strs/hfrs, Pfizer certified, 400-600lbs
Tom Hill 75 Angus sired strs/hfrs, weaned, vacc, boostered, 400-500
L & W Cattle Co 100 Ang/Char/Limx strs/hfrs, weaned, boostered, 400-650lb
Ferguson Farms 75 Red Angus strs/hfrs, weaned, vacc. 300-500lbs
Jr Payne 25 Braunviehx strs/hfrs, 500-650lbs
Ron Bouzidan 80 Angus/Red Angus hfrs, weaned, vacc 450-550 lbs
Brown Ranch 150 Ang/Herf/Charx strs, hfrs, off grass, 700-850 lbs
Call or visit www.winterlivestock.com for more info!
Thank You to all of our customers!
