Another exciting week in the cattle industry and also the world! If a person wanted to figure out where the agriculture or financial industries were going, it would probably be impossible to figure out a certain direction. Lower grain and feeder cattle futures, along with higher fat cattle and higher gas prices make things extremely interesting! One day they’re up, and one day they’re down, and no rhyme or reason to any of it.
There’s news about a shortage of food in the world, at least rice, but yet pork and chicken production are at record levels and cattle production is as high as it’s ever been, even with 3 less packing plants and 15% less cattle! Isn’t it amazing how the news can be manipulated to say shortage one day and surplus the next, yet nothing has actually changed except peoples perception? “Figures don’t necessarily lie, but liars do figure”
There seems to be a lot of anxiety in the market right at the moment. Even though it’s already the first of May, the grass north and west just isn’t greening up like a person would think or like. Moisture has been very good along highway 81, but very far west it just hasn’t fallen. Many folks are looking for grass right now, but it doesn’t seem to be available. Maybe in two or three weeks the weather will stabilize and spring grass will truly be here!
Barring hail or a severe drought, it sure looks like Oklahoma is going to have one heck of a wheat crop, or rye crop, depending on the planting. There seems to be a lot of rye in the wheat this year, and many folks have commented on not seeing this much before. Good or bad, there will still be plenty of work for the harvest crews this summer!
The cattle market is outstanding! Calves are bringing $110.00 to $130.00, in places more, and yearlings all bringing either side of $100.00! The cow market has fluctuated some what, some pairs bringing unheard of prices, while others of similar quality just bringing $1100.00 or $1200.00. There are a whole lot of hay bales sitting at the sides of the fields, and hay cutting hasn’t even begun yet! All the excess hay should make for a great opportunity on bred cows or pairs.
COMING NEXT WEEK TO WINTER LIVESTOCK IN ENID:
Box Bar Ranch 300 Choice, Ang/Lim/Charx hfrs, gtd open, off rye, 650-850lbs
Blaser Ranch 180 Ang/Limx strs, off wheat, 700-900 lbs
C & H Farms 150 Lim/Char/Angx hfrs, off wheat, gtd open, 700-900lbs
Sonny Bode 130 Angusx hfrs, off rye, gtd open, 800-900 lbs
Ruth Selly 100 Blk/Bwf strs, off wheat/grass, thin, 650-750 lbs
Thank You to all of our sellers and buyers!
We appreciate your business!
Weston Winter
