MARKET COMMENTARY:

This week has been so disheartening from a marketing stand point. After the plant fire in Garden City, Kansas, futures collapsed sending live cattle bids to the tank. In addition, choice cut outs went up $23 in 1 week. Packers bid $173 on Friday with choice cut outs above $239. This is a system that is completely broken! Pick up Drovers or BEEF magazine and they’ll tell you if we don’t have electronic ID we are doomed. Our National Cattleman’s group, on behalf of the packers, lobbied congress to drop County of Origin labeling a move yet that makes every bone in my body ache. Lines have been drawn in the sand. Now is the time to ask everyone in this industry “What side do you stand on?” I’m standing with the producers & independent feeders whose boots are in the dirt every day!! We laid a great cattleman to rest on Sunday, Robert Wohlers, a past Harrison County Cattleman of the Year passed away recently. Our very best to the entire family!

***Attention Calf Sellers*****
Feed yards are demanding new crop calves have had a complete vaccination protocol. Please visit with your veterinarian. Nearly all our feed yard customers are preferring a modified live series of shots in addition to boosters. The green tag program is time tested & trusted. In addition, a long time weaned, 45 days or longer, appears to be working the best.

Beef Quality Assurance Training Meeting Wednesday, August 21st @ 6pm

Here’s your chance to certify if you haven’t done so yet. Good for 3 years.

Fed Cattle/Weigh Cows Tuesday, August 13th:
Well we came into Tuesday with as much uncertainty in the markets as we’ve had for some time. The Tyson plant fire in Kansas had markets limit lower on Monday & Tuesday. So futures were $7.50 lower and Fed cattle were all of that. Go figure choice cut outs head up $10 in the same time frame. It’s hard for this country boy to figure that one small plant fire could improve packer margins $200/head. If this isn’t a shining example of a broken system, I’m not sure what would be. At least weigh cows didn’t collapse in sympathy. In fact, weigh cows were $1-3 higher. One small bright spot.
Fat Cattle (96 head):
Str. Top - $104.25
Str. Choice - $103-$104.25
Str. Select/Choice - $100-$102
2-Ways - $no test
Hfr. Top - $104.50
Hfr. Choice - $103-$104.50
Hfr. Select/Choice - $100-$102
2-Ways - $no test
Choice Holsteins - $no test
Select Holsteins - $no test
Fat Hfrts. - $no test
Weigh Cows 221 head):  
Fed Cows: $70-$79
Bulk Cows: $63-$73
Low Yield: $50-$60
High Yielding Bulls: $90-$95
Bulk of Bulls: $80-$90
Cutting Bulls: $85-$100
Preg open hfrs: $95-$115
Hfrts: $75-$90
BRED FEMALE/PAIRS, TUES, AUG 6TH:
We had an excellent run of Bred Cows & Cow/Calf Pairs selling over 500 head. Pair trade was excellent. Fall calving cow demand was decent, however I think those young Breds at $1300-$1500 look like an excellent buy. Top pairs $1600-$1800. Next Cow specials on Aug 20 & Sept 10th.

Feeder Cattle Auction Friday, August 2nd:
Our 69th Anniversary auction Friday was just outstanding. 4961 head went through the ring. So many thanks to all the consignors for supporting us. To all the buyers, thanks so much for supporting the auction method of marketing. To our crew thank you so much for a successful day. Despite a feeder board that was near limit down most of the day feeder buyers were extremely aggressive in their bidding all day. Here are some actual sales from Friday.
6 Strs 292# @ $680/hd
7  Strs 365# @ $209
12 Strs 431# @ $192
34 Strs 601# @ $166
50 Strs 608# @ $171
15 Strs 694# @ $160
30 Strs 700# @ $157.85
23 Strs 764# @ $156.50
22 Strs 765# @ $157.25
21 Strs 815# @ $150
62 Strs 901# @ $145
8   Hfrs 284# @ $610/hd
26 Hfrs 416# @ $161
10 Hfrs 503# @ $169
13 Hfrs 596# @ $155
22 Hfrs 625# @ $150.50
31 Hfrs 607# @ $150.50
24 Hfrs 700# @ $149.25
19 Hfrs 703# @ $146.75
115 Hfrs 823# @ $132.50

Next auction is on Friday, August 23rd @ 10:30am