MARKET COMMENTARY:
Well, it is March 1st & the current 10-day forecast looks magnificent. I’m sure we’ll have a couple of bumps in the road but I’ll darn sure take it for now. The month of March brings tons of calves throughout the Midwest. I think most people adore watching baby calves run around in the fields.
Fed Cattle/Weigh Cows Tuesday, Feb 23rd:
With a light run last week because of weather we had a much larger run of weigh ups this week with a cow special. The market was lower as markets all throughout the central United States came back online with auctions. Fed cattle were steady.
Fat Cattle (225 head):
Str. Top - $114.75
Str. Choice - $109-$114.75
Str. Select/Choice - $105-$109
2-Ways - $no test
Hfr. Top - $114
Hfr. Choice - $109- $114
Hfr. Select/Choice - $105-$108
2-Ways - $no test
Choice Holsteins - $no test
Select Holsteins - $no test
Fat Hfrts. - $80-$90
Weigh Cows 451 head):
Fed Cows: $62-$68
Bulk Cows: $50-$60
Low Yield: $30-50
High Yielding Bulls: $90-$97
Bulk of Bulls: $80-$90
Cutting Bulls: $no test
Preg open hfrs: $100-$110
Hfrts: $65-$80
Bred Female/Pairs Auction Wed, Feb 24th:
We sold over 1000 Bred cows, Bred Hfrs and breeding bulls Wednesday. There was an awesome crowd & we kicked off with the Trickle Creek Red Angus & Hood Charolais bulls. The top Red Angus bull fetched $3800 & the top Charolais brought $4600. The market was extremely active on the breds. Young bred cows & bred hfrs several $1800-$2050. Med age cows $1150-$1600. Aged Cows $900-$1100.
Feeder Cattle Auction, Friday Feb 26th:
We sold just shy of 1500 feeders Friday. All week there had been pressure on the feeder futures thus causing Friday’s auction to have a slightly lower undertone. Here are a few sales.
16 Strs 484# @ $181.00
20 Strs 557# @ $163.00
13 Strs 605# @ $161.50
28 Strs 687# @ $153.25
34 Strs 720# @ $148.00
52 Strs 939# @ $130.75
8 Hfrs 475# @ $159.00
14 Hfrs 504# @ $147.00
15 Hfrs 597# @ $138.2528 Hfrs 710# @ $131.25
210 Hfrs 740# @ $130.50