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  #1  
Old 07/18/12, 02:22 PM
 
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Neighbor sold his cattle.

My neighbor and close friend had to sell his cattle due to no pasture grass and what hay he collected in early spring was running out. I feel sorry for him, he has spent all his adult life building up his cattle herd. He just retired from school teaching a year ago and he was going in partnership with his son to expand the herd even more.

I haven't got to talk to him yet. I just noticed I hadn't seen his cattle in the last few days and another neighbor informed me about it this morning. Sold them last Thursday on Sale day.

I've never seen it dry enough around here before in all my 52 years of life that cattlemen have to sell thier stock.
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  #2  
Old 07/18/12, 02:55 PM
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I'm afraid we're going to see lots more of this. I started noticing last year that a lot of the brood cows at the sale were going to slaughter rather than back to a farm. Not a good sign.
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  #3  
Old 07/18/12, 03:27 PM
 
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My neighbor/renter sold out last year about this time, bought a bout 30 head a few months ago to start restocking.
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Old 07/18/12, 05:01 PM
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I had to do this with my herd of 30 Beefmaster Cross cattle in Texas about ten years ago, and it just about broke my heart. Then it RAINED the NEXT day after the sale. Miserable.
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  #5  
Old 07/18/12, 05:47 PM
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Originally Posted by Alice In TX/MO View Post
I had to do this with my herd of 30 Beefmaster Cross cattle in Texas about ten years ago, and it just about broke my heart. Then it RAINED the NEXT day after the sale. Miserable.
About that time I'd curse the state and move...
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  #6  
Old 07/18/12, 07:22 PM
 
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Going to be a long ripple effect to all this.

And it will not be good for grain farmers, either, as our markets go away.

--->Paul
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  #7  
Old 07/18/12, 07:27 PM
 
Join Date: Jan 2012
Location: CT
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I imagine prices will dip while people have to do the same and then climb even higher than they have been after the drought.

I've read the reason the prices have been so high is because of the same thing happening during the last drought a few years ago. (3?)
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  #8  
Old 07/18/12, 08:02 PM
 
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They are selling like mad around here too but if you can manage it, its also an opportunity.
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  #9  
Old 07/19/12, 04:38 AM
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Originally Posted by avrugu View Post
I imagine prices will dip while people have to do the same and then climb even higher than they have been after the drought.

I've read the reason the prices have been so high is because of the same thing happening during the last drought a few years ago. (3?)
I was telling DW last night, you know prices won't come back down to the current elevated level no matter what happens.
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  #10  
Old 07/19/12, 06:31 AM
 
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As to the neighbor, can't tell he may have gotten a good price for the cows cause with this DRY weather there is going to be a whole lot more going to market.
I just wonder if'n I'll be able to afford any cut of beef next year, let alone any corn product???????
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  #11  
Old 07/19/12, 11:52 AM
 
Join Date: May 2004
Location: Oklahoma
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There are a few neighbors around here that have sold out, too. Normally at this time of year there are fields and fields of cattle, but this year there are hardly any

Mary
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  #12  
Old 07/19/12, 12:44 PM
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Originally Posted by salmonslayer View Post
They are selling like mad around here too but if you can manage it, its also an opportunity.
I know people around here who are buying up all the cheap cattle and running them on spare land.
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  #13  
Old 07/19/12, 01:26 PM
 
Join Date: Dec 2008
Location: TEXAS
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lots of people around here sold out or culled all they could
last year due to the drought with no pastures, little hay and
tanks drying up. we held out and strung out hay and bought
feed. this year everybody was cutting as soon as it was
possible. hoping and praying for some rain all round

Samm

Last edited by samm; 07/19/12 at 01:31 PM.
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  #14  
Old 07/19/12, 02:15 PM
 
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Location: Missouri Ozarks
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Originally Posted by Heritagefarm View Post
I know people around here who are buying up all the cheap cattle and running them on spare land.
Yup, we just leased a few acres next door and are doing the same in a very small way. By the way, hows the new place coming along?
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