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Market Report


 


DUNLAP LIVESTOCK AUCTION

Sale Times for Tuesday, Aug 25th @ 9:00 am Fed Cattle, followed by Weigh Cows & Bulls, Feeder

Cattle @ 12:30pm then Bred Cows/Pairs/Breeding Bulls


So much news in the cattle markets & lately most of the bad kind. Tyson’s closure of the Joslin plant sent major bad vibes down the system. President Trump’s announcement of importing 300,000 metric tons of ground beef & selling it 25% less than the market is a huge kick in the groin. This misguided announcement probably has more to do with optics than the actual reality. More than ever, we need country of origin labeling. This blatant act proves packers/retailers only goal is to devalue beef at the store counter, thus putting more U.S. Cow-Calf producers at a severe disadvantage. Let’s hope we find some quick stability in Fed Cattle Prices.


Fed Cattle/Weigh Cows Tues. Aug. 18th:

Current market conditions had Fed Cattle playing major defense. Fed Cattle were significantly lower. Fed Cows were also much lower & thus prices trickled lower on the rest of the cows. The majority of our cows have been going back to feed, but this current downturn could send the cows further south.
Fat Cattle (132 head):
Str. Choice -$223-$227.50

Str. Select/Choice - $219-$223
2-Ways -no test
Hfr. Choice - $221-$224.25

Hfr. Select/Choice - $217-$221
2-Ways -no test
Fat Hfrts. - $200-$210

Weigh Cows (98 head): 
Bulk Cows: $155-$167
Low Yield Cows: $100-$130
High Yielding Bulls: no test
Bulk of Bulls: $190-$215
Cutting Bulls: no test
Preg open hfrs: no test
Hfrts: $185-$215

 

Special Bred Female/Pairs/Bulls Aug. 4th:

We had a nice cow special Tuesday. The auction highlight was a dispersal of 2nd Calf Hfrs with big clvs @ side. Thise pairs topped at $5975. Breeding bull trade stayed strong also.


Special Calf/Yrlg Anniversary Aug. 7th:

We sold just short of 3600HD on our 76th Anniversary Auction. Over 110 consignors showed up with calves off cow to heavy yrlings. In addition, we offered 200 spring bred hfrs. We had excellent crowd with several buyers on the internet also. Here are a few results:

26 Strs 511# @$493.50             7 Hfrs 435# @$495

54 Strs 725# @$399.50             29 Hfrs 516# @$439

17 Strs 789# @$392                 20 Hfrs 722# @$367

49 Strs 825# @$363                 140 Hfrs 770# @$358

50 Strs 922# @$344                 37 Hfrs 1064# @$280.75

79 Bred Hfrs $4300                  44 Bred Hfrs $4150

 

Special Western IA Precond Fdr Apr. 24th:

Friday’s precondition auction was the last one of the season. We thank the board of the Western IA Precondition group for their hard work & continued dedication to the beef industry. It’s been over 50 years of their organization, job well done. Here are a few sales from Friday:

5 Strs 301# @$705                   8 Hfrs 426# @$531

19 Strs 566# @$500                 21 Hfrs 549# @$487

34 Strs 602# @$470                 17 Hfrs 625# @$417

50 Strs 728# @$418                 30 Hfrs 686# @$419

                                                53 Hfrs 731# @$364     

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701 Hwy 30 W, Dunlap, IA 51529 | Office 712-643-5761 | office@dunlaplivestock.com
Jon Schaben 712-263-0755 OR Will Epperly 712-269-5677


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