MARKET COMMENTARY:
As we are heading into the heart of our precondition auction season please give us a call to discuss your marketing plans. 2020 presents our 70th year in the livestock marketing business and we are excited about what this year holds! The Iowa Cattle Industry lost an icon this past week. Gene Wiese of Manning passed away at the age of 90. When Gene was President of the Iowa Cattleman, I had served on a membership committee for him and really came to admire what a great leader he was. As a 4-Her I showed under Gene as the judge of the Four County Fair. His phrase of “I’m just one man’s opinion today” is one I’ll never forget. Gene was a master orator, with a humble drawl that I so greatly admired. Rest in peace friend!
***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.
Fed Cattle/Weigh Cows Tuesday, Nov 12th:
Fed cattle were basically steady from 1 week ago. With a December board of $119 something’s moving in the next few weeks. Weigh cows were stronger. Cow beef has shot up through the weeks. Cows could go up $15 easily & packers would still be quite profitable!
Fat Cattle (225 head):
Str. Top - $114.50
Str. Choice - $109-$114.50
Str. Select/Choice - $106-$108
2-Ways - $no test
Hfr. Top - $115.60
Hfr. Choice - $111-$115.60
Hfr. Select/Choice - $106-$110
2-Ways - $no test
Choice Holsteins - $90-$92
Select Holsteins - $80-$90
Fat Hfrts. - $80-$95
Weigh Cows 256 head):
Fed Cows: $64-$74
Bulk Cows: $50-$62
Low Yield: $35-$45
High Yielding Bulls: $84-$88
Bulk of Bulls: $70-$80
Cutting Bulls: $85-$100
Preg open hfrs: $105-$125
Hfrts: $70-$80
Bred Female, Tuesday November 5th
Our bred cow and cow/calf special was very active on real good numbers Tuesday. The better end of fall calving pairs were $1400-$1600. Spring bred cows topped at $1300. We have cow specials on Tues, Nov 19th and Wed, Dec 4th.
Feeder Cattle Friday, November 15th:
Friday’s calf/yrlg auction featured over 1700 head of high quality cattle. The new crop calves were dominated by non-weaned & vaccinated groups. The calf trade was easily the most active of the fall. Here are a few results.
14 Strs 308# @ $210
15 Strs 417# @ $187
24 Strs 516# @ $164.50
9 Strs 611# @ $154.50
6 Strs 793# @ $150
50 Strs 975# @ $137.50
20 Hfrs 316# @ $182
10 Hfrs 403# @ $173
22 Hfrs 460# @ $160
7 Hfrs 516# @ $150
40 Hfrs 696# @ $145
49 Hfrs 842# @ $142.50
202 Holstein Strs 963# @ $88.25