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Sometime when you have tough market conditions like these a little humor can help out. I was visiting with a friend of mine who sold his new crop goats and lambs this past Saturday at Colfax Livestock, just the other side of Des Moines. I asked him “how was the market?” He responded “fantastic, my 52# got kids brought $185/hd and my 53# lambs brought $312.50/lb.” I was amazed on how good that seems compared to our terrible tough week in the cattle markets and the continued lack of strength in the hog market. I naturally asked him why he thought the sheep and goat markets were so good, while the cattle/hog markets struggle. He quickly responded, “We don’t trade sheep and goats on the board in Chicago!” Go figure. The more I thought about it the more I think he has it figured out. Let’s hope we can catch some fire back in the fed cattle markets this week which should strengthen the feeder cattle. Our deepest sympathy goes out to the Gene Garrett family of rural Dow City on the passing of their Mother Pat. God Bless to your entire family.

Fed Cattle/Weigh Cows Tues, April 19th:
Our market was lower on the fed cattle & trending stronger on the weigh cows. Cut outs remain strong but packers have been flexing their muscles and are successfully driving this lower. Due to the extreme flooding down south weigh cow runs have shortened up everywhere & we will see short term gains in the weigh cows. Unfortunately I think it will be short term.
Fat Cattle (140 head):
Str. Top - $130.50
Str. Choice - $128-$130.50
Str. Select/Choice -$125-$127
2-Ways - $no test
Hfr. Top - $130
Hfr. Choice - $127-$130
Hfr. Select/Choice -$124-$126
2-Ways - $no test
Choice Holsteins - $109-$110
Select Holsteins - $no test
Fat Hfrts. - $no test
Weigh Cows 197 head):
 
Top Cows: $79-$83
Bulk: $70-$78
Low Yield: $60-$65
Premium Bulls: $105-$112
Bulk of Bulls: $95-$105
Cutting Bulls: $100-$120
Preg open hfrs: $105-$120
Hfrts: $95-$125

Feeder Cattle Fri, April 22nd: 
After a sickening week for the live cattle market and an equally cruddy week for the futures we had a super line up for our calf/yrlg special on Friday. We sold 2900 hd. Friday’s feeder futures were limit down most of the day putting heavy pressure on the market. Despite that we had a large group of buyers representing Midwest feeders and buyer activity was great. Thank you again to buyers and sellers. Here are some actual sales.

5   Strs 390# @ $225.00
6   Strs 412# @ $220.00
12 Strs 548# @ $186.00
12 Strs 550# @ $190.00
37 Strs 568# @ $182.50
51 Strs 622# @ $171.00
15 Strs 703# @ $160.00
24 Strs 715# @ $159.00
21 Strs 765# @ $156.00
32 Strs 829# @ $146.75
68 Strs 840# @ $142.25
65 Strs 859# @ $140.50
59 Strs 910# @ $135.35
6   Hfrs 439# @ $176.00
27 Hfrs 463# @ $167.00
9   Hfrs 516# @ $171.00
84 Hfrs 658# @ $152.00
59 Hfrs 660# @ $147.00
40 Hfrs 690# @ $146.00
85 Hfrs 744# @ $137.00
75 Hfrs 802# @ $129.50

If you have calves or yrlings to market please give us a call for an on the farm appraisal. Next auction is Friday, May 13th.

Bred Female/Pairs Wed, April 20th:
Wednesday’s cow auction was a barn burner, no doubt helped by great rains that gave everyone a chance to head to the auction. We led off with 45 powerful Angus bulls from Keller-Windchime that was received awfully well, with a majority off bulls in the $3000-$3500 range. We had superb quality on the females and buyers aggressively got after the outstanding pairs and breds. The 1st calf hfr pairs with older calves traded mostly $2500-2900. Young pairs with younger calves were in the $2000-$2400 range. We had an outstanding set of bred Hfrs that brought $2150 and the real good young breds were in the $2000-2200 range. Med age pairs traded $1700-$2050 and the broken mouth pairs were $1400-$1800. At the conclusion of the cows we sold an additional 40 bulls on an active market with the top 4 yr old bull fetching $5500. Please note that all of our cow specials from now until next December will be on Tuesdays with our next cow/bull special on Tuesday, May 3rd. We love the cow/calf industry, a passion Dad instilled in us at a very young age. Working for you, and marketing replacement stock is an honor. If you have any questions about your marketing options please give us a call.


 
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