Very happy with sale prices

Every indication that I know of says we haven't seen the peak of this upward swing in the market. It takes supplies to go up or demand to go down. This week's feeder sale included 52% steer and bull calves, 48% heifers. 450 total feeders sold and 18 heifers were possibly held back.. 32 slaughter cows sold with 96% going to slaughter..

These numbers have been holding this ratio for the past 6 months.. in ALL the markets close to here.. so, until someone decides to hold heifers to up supply or everyone starts eating chicken, I don't see how the market could tank in the next 6-9 months.

But you are right, now is the time to fix fences, buy equipment, and build up your land.. We've spent close to $70,000 in the last 3 months. Buying another farm, a newer roll baler and v-rake, and fertilizer. This fall we'll reseed the pastures and hay fields... Then cross our fingers and hope the market doesn't tank until we see a return of our investments.