MARKET COMMENTARY:

With all this talk of a Covid vaccine I wish there was shot to fix these cattle markets. As of present Jack Daniels appears to be the best remedy. We have cutout values that support fed cattle levels @ $60 above where we are at. I understand agricultural people in general have a disdain about politics, however I really feel it takes legislation to start fixing the problems we face. Grassley’s 50/14 bill and bringing back Mandatory C.O.O.L. Those 2 issues make a great start!!
Fed Cattle/Weigh Cows Tuesday, April 27th:

Fed cattle were $2 lower. Weigh cows were basically steady. Things are so frustrating in the fed cattle market! With dry weather in significant areas of the country we could see some pressure on the weigh cows. Cow beef cutouts sit @ near $2. Isn’t ironic that we can’t even get that bid on our finished cattle today.
Fat Cattle (258 head):
Str. Top - $124.50
Str. Choice - $121-$124.50
Str. Select/Choice - $115-$120
2-Ways - $no test
Hfr. Top - $124.75
Hfr. Choice - $121- $124.75
Hfr. Select/Choice - $115-$120
2-Ways - $no test
Choice Holsteins - $90-$93
Select Holsteins - $no test
Fat Hfrts. - $85-$100
Weigh Cows 250 head):  
Fed Cows: $73-$80
Bulk Cows: $62-$72
Low Yield: $45-55
High Yielding Bulls: $95-$102.50
Bulk of Bulls: $86-$96
Cutting Bulls: $no test
Preg open hfrs: $95-$105
Hfrts: $70-$90


Bred Female, Pairs & Breeding Bull Auction, Wed, April 21st:
We kicked off our cow auction Wednesday with the Keller Windchime Angus Bulls & Females. One of the tip groups of Angus bulls we’ve ever sold. Demand remained strong on all the cows. Top Young pairs up to $2500. Most pairs $1800-$2000. Our next cow special is on Wed, May 5th.
Feeder Cattle Auction, Friday April 23rd:

Friday’s calf/yrlg auction delivered one of our largest April feeder auctions ever, with over 4200 head. Despite an on slaught from the corn market Friday’s market was extremely active. Here are some actual sales.
22 Strs 295# @ $235.00
68 Strs 447# @ $198.00
14 Strs 475# @ $200.00
15 Strs 525# @ $191.00
50 Strs 613# @ $162.50
29 Strs 670# @ $157.50
44 Strs 675# @ $159.75
55 Strs 749# @ $150.00
89 Strs 897# @ $129.25
21 Hfrs 400# @ $180.00

20 Hfrs 484# @ $168.50
29 Hfrs 532# @ $154.50

62 Hfrs 602# @ $143.00
23 Hfrs 642# @ $147.00
24 Hfrs 686# @ $139.00
208 Hfrs 746# @ $135.25
60 Hfrs 801# @ $125.00
Replacement Hfrs
72 Hfrs 798# @ $159.00
20 Hfrs 808# @ $161.00
12 Hfrs 908# @ $148.00