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What goes up must come down. Sir Isaac Newton had it right but I’m not sure if he was talking about the markets. The feeder markets have been on an amazing bull run, one that really took off this past June and has continually risen sharply for some time. Newton also pointed out that for every positive action there is an equal and opposite reaction. Now here’s where I’m hoping Newton is wrong. Our markets were due for a correction. Let’s hope they don’t over correct! Demand hasn’t changed and supply hasn’t changed. Dad always said markets are attitudes. My attitude is positive let’s hope the markets remain that way. Thanks again to all our customers. This past week was awfully active here with 4 auctions. Saturday’s Bred Cow special was just plain crazy with the club calf breds topping at $55,000.

Fed Cattle/Weigh Cows Tues, Dec 9th:
What goes up must come down. Sir Isaac Newton had it right but I’m not sure if he was talking about the markets. The feeder markets have been on an amazing bull run, one that really took off this past June and has continually risen sharply for some time. Newton also pointed out that for every positive action there is an equal and opposite reaction. Now here’s where I’m hoping Newton is wrong. Our markets were due for a correction. Let’s hope they don’t over correct! Demand hasn’t changed and supply hasn’t changed. Dad always said markets are attitudes. My attitude is positive let’s hope the markets remain that way. Thanks again to all our customers. This past week was awfully active here with 4 auctions. Saturday’s Bred Cow special was just plain crazy with the club calf breds topping at $55,000.

FEEDER CATTLE, Fri, Dec 12th:
After a full week of relentless pressure on the feeder’s futures Friday’s auction was a bit scary. We knew they’d be lower but how much? We sold over 2350 head Friday capped off with limit lower feeder futures on Friday. In a week January feeders have lost over $10. The big cattle on Friday were lower, expected. The hfrs were lower, expected! Steers under 700# were steady to higher, totally unexpected. No the quality Friday was outstanding but several calves coming off cows.
Here are some results.
7    Strs 404# @ $343.00
92  Strs 525# @ $301.00
37
 Strs 611# @ $276.00
80  Strs 631# @ $279.25
26
 Strs 680# @ $257.50
35
 Strs 722# @ $246.00
100
Strs 989# @ $210.00
200 Holstein
 Strs 810# @ $180.25
11  Hfrs 502# @ $260.00
32  Hfrs 580# @ $249.00
8    Hfrs 603# @ $250.00
20  Hfrs 669# @ $229.50
57  Hfrs 680# @ $229.25
35  Hfrs 813# @ $214.50

Our next feeder cattle special is Tuesday December 30th. Please call the office for an on the farm appraisal.  

Western Iowa Precondition Calf/Yrlg sale Friday, January 2nd @ 11am

 

BRED FEMALE WEDNESDAY, Dec 17th:
Thank you so much to all the buyers who made Wednesday's cow auction so successful. We offered over 1350 Bred cows and hfrs and really appreciate all of the buyers support. There were over 600 Bred hfrs that averaged over 1000# with an average price of $2556. Here are the ranges:
Front end Young Cows: $2700-$3025
Front end Bred Hfrs $2750-$3100
Med cut Bred Hfrs $2300-$2500
Med cut Young Cows: $2300-$2500
Med Age Cows: $2000-$2400
Aged Cows: $1800-$2150
Young Pairs: $2500-$3000

Don't forget we have another big bred Hfr/Cow Special on Tues, Dec 30th. 

Also Bruhn Farms will offer 250 Fancy young cows here on Sat, Dec 27th.

Next Bred Female/Pairs Auction is Wednesday Jan 7th @ 11am


 

 

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