Big increase in price for feeder cattle
Last week most feeder cattle auctions had a big increase in price with feeder cattle $6 to $12 per hundredweight higher and calves $10 to $20 per hundredweight higher. We sold several 600-pound steers over $3 a pound and topped at $306 per hundredweight.
Some dry wintered steers off cake and grass weighing 567 pounds brought $322. I heard of a set of steers early this week that weighed 500 pounds and brought $360 per hundredweight. If my calculator works that is $1,800 per head. I assume my calculator doesn’t work. However, I bid on 50 nice black heifers to breed at 623 pounds and ran them to $269 per hundredweight and didn’t get them, which is $1,675 per head. We sold one little steer that weighed a little over 300 pounds that brought $401 per hundredweight.
Fall futures look good, too
The feeder cattle futures for the fall have some very attractive prices. Lately I have insured some. The only reason I prefer the insurance deal is the fact you do not have to make margin calls if it goes the wrong way.
We have been blessed with moisture. Our immediate area received 8 tenths of an inch last weekend and you can definitely tell the wheat has grown since. If one of you would loan me a bunch of money to top dress fertilize we could see a lot of difference.
Today we sold one high yielding bull that brought $135 per hundredweight.
I heard a quote that there are 40 million people not registered to vote that could and another 40 million evangelicals that refuse to vote. Then don’t complain what you got.
An 8-year-old girl went to the office with her father on “Take Your Kid to Work Day.” As they were walking around the office the young girl started crying and getting very cranky. Her father asked what was wrong with her. As all the office staff gathered around her trying to get her to quit crying the little girl said, “Daddy where are all the clowns that you said you worked with?”
A lot of older people get to where they cannot hear well. One 80-year-old man told his wife that in the moonlight, “your teeth look just like pearls.” She said, “Who is Pearl? And what were you doing in the moonlight with her?”
An older woman told her husband “You told me you’d spend your whole life trying to make me happy.” He said, “Yes but I didn’t have any idea that I would live this long.”
Editor’s note: The views expressed here are the author’s own and do not represent the view of High Plains Journal. Jerry Nine, Woodward, Oklahoma, is a lifetime cattleman who grew up on his family’s ranch near Slapout, Oklahoma.
