MARKET COMMENTARY:

The devastation of last week’s floods and the western Nebraska blizzards is mind boggling. Just another sick reminder that Mother Nature is in charge. I hope and pray that our agricultural friends & neighbors get the help and relief they need. Agriculture is a daily fight. If we can be of any help please don’t hesitate to call.

Fed Cattle/Weigh Cows Tuesday, March 12th:
Tuesday saw the fed cattle market stay extremely strong. Buyer activity has been great. Weigh cows were a tad better but that market has been so disappointing. Today we are selling fed cattle for $24 under the choice cut out. That’s $225/hd under a choice 1500# str! Cull cows are $50 under the cut outs. That’s over $300/hd on a decent 1350# cutter cow. If you want to fix most marketing evils in the beef industry 2 simple words come to mind, MORE COMPETITION. Not vertical cooperation, not mandatory ID, not alliances & grids, more competition!
Fat Cattle (210  head):
Str. Top - $130.25
Str. Choice - $125-$130.25
Str. Select/Choice - $122-$125
2-Ways - $no test
Hfr. Top - $128.50
Hfr. Choice - $125-$128.50
Hfr. Select/Choice - $122-$125
2-Ways - $no test
Choice Holsteins - $no test
Select Holsteins - $no test
Fat Hfrts. - $80-$90
Weigh Cows 439 head):  
Fed Cows: $63-$68
Lean Cows: $50-$62
Low Yield: $40-$50
Premium Bulls: $90-$104
Bulk of Bulls: $78-$90
Cutting Bulls: $90-$110
Preg open hfrs: $105-$120
Hfrts: $no test

Bred Female Auction, Wednesday March 6th:
Great demand on our cow & bull special Wed.
Janssen bulls averaged over $3500.
Young cows up to $1700
Most bred hfrs $1450-1575
Middle age cows $1000-1250
Aged cows $800-$1025.

Next Bred Cow Special
Wednesday, March 20th

Feeder Cattle Auction Friday, March 15th:
With all of this week’s weather we had several cancellations making the auction much smaller on Friday. The board was higher and demand was fantastic!  Here are some actual sales.
14 Strs 494# @ $183.00
33 Strs 588# @ $173.50
14 Strs 684# @ $162.00
17 Strs 754# @ $145.25
25 Strs 802# @ $142.50
35 Strs 959# @ $133.50
9   Hfrs 410# @ $164.00
40 Hfrs 573# @ $144.50
15 Hfrs 594# @ $146.75
13 Hfrs 616# @ $140.50