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12/02/11, 12:05 PM
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Join Date: Jun 2011
Location: Idaho
Posts: 180
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42 cents a pound rant
Spent two years raising a bottle fed steer and at the auction he brings 42 cents a pound. I pay 32 cents for grain! Good looking steer. I'm sorry something in this country just seems off. 
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12/02/11, 12:17 PM
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Poo Fairy
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Join Date: Jul 2008
Location: Texas Angel
Posts: 6,489
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Could it be since the drought in Texas and everyone selling off their cattle has brought prices down?
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Real is Beautiful -Sherry in Maine
I am 47 
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12/02/11, 12:17 PM
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Join Date: Sep 2010
Posts: 108
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Quote:
Originally Posted by boiledfrog
Spent two years raising a bottle fed steer and at the auction he brings 42 cents a pound. I pay 32 cents for grain! Good looking steer. I'm sorry something in this country just seems off. |
Ouch. That hurts.
Buying retail and selling wholesale hurts. If you can switch that around you're golden.
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12/02/11, 12:19 PM
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Join Date: Jul 2010
Location: Puerto Penasco, Mexico
Posts: 280
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Here in WV, Angus, White-faces and Charlais went for.90-1.27/lb last week.
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12/02/11, 12:24 PM
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Join Date: Nov 2010
Location: Vermont
Posts: 984
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The last cull jersey that we sent to market brought back $32...
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12/02/11, 01:20 PM
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Join Date: Jun 2011
Location: Idaho
Posts: 180
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Fowler, Cattle prices are up. Commodities futures have feeders at $1.42 lb.
TroutRiver, I saw Jersey calves the other day going for $100.00 to $120.00 a head.
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12/02/11, 01:31 PM
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Crazy Dog Lady
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Join Date: Oct 2008
Location: Virginia
Posts: 3,288
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Could you not set a reserve price at the auction?
Honestly, if he didn't sell for what you wanted to get, you could have butchered him and put him in your own freezer instead of letting him go at a loss 
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12/02/11, 02:23 PM
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Join Date: Apr 2003
Location: Western New York
Posts: 542
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We sent an 11 year old cull cow and got $.60, she was good and fat but $.42 for a steer isn't a money maker.
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12/02/11, 02:27 PM
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Join Date: Jul 2011
Location: Nisswa, MN
Posts: 30
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Wow. I'm really sorry about that. IMO this is one reason why I shy away from the sale barn. But sometimes it is the only option and I feel bad when people have such a loss.
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12/02/11, 05:52 PM
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Retired farmer-rancher
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Join Date: Apr 2007
Location: north-central Kansas
Posts: 2,895
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42 cents per lb?? What kind of 2 yr old, and what did he weigh? Something don't add up. Unless Idaho is a lot different than around here.
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* I'm supposed to respect my elders, but its getting harder and harder for me to find one. .*-
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12/02/11, 05:52 PM
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Dariy Calf Raiser
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Join Date: Dec 2004
Location: missouri
Posts: 2,004
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Spent two years raising a bottle fed steer THAT IS THE PROBLEM
they want them were they will be 1400 pounds at less than 18 months old...... you did not say how big he was....but I am betting by your price it would be under 700 pounds
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12/02/11, 05:54 PM
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Dariy Calf Raiser
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Join Date: Dec 2004
Location: missouri
Posts: 2,004
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I pay 32 cents for grain...that is some high priced feed $16.00 a 50 lb bag...no way could anybody make that come out in the black
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12/02/11, 06:16 PM
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Join Date: Jun 2002
Location: Idaho
Posts: 4,332
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Somebody else walked out of the sale barn smiling. That's the risk of auctions. Sorry.
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12/02/11, 07:52 PM
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Too Complicated For Cable
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Join Date: Feb 2011
Location: Washington
Posts: 10,118
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That's a hit right there. Was something wrong with him to sell for so little?
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Know why the middle class is screwed? 3 classes, 2 parties...
To punish me for my contempt for authority, fate made me an authority myself. ~ Einstein
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12/02/11, 08:18 PM
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Join Date: Mar 2011
Location: Virginia
Posts: 138
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I'd love to buy at .42 even undersized, have a lot of folks here looking for farm fresh beef and just want to pick up the boxes at the butcher, wish I had more to process right now. I'm looking for 2 more hefiers, at this point any breed. They start at $1200 for yrlings. ---. Might have to borrow neighbors 5th wheel stock trailer & go west to the auction.
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12/02/11, 09:15 PM
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Join Date: Aug 2009
Location: SE Oklahoma
Posts: 2,003
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What breed was this steer? Jersey, Holstein, Longhorn, Corriente?
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12/02/11, 09:21 PM
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Join Date: Nov 2007
Location: East Texas
Posts: 1,125
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If it was a dairy steer, its still low but understandable. If it was a beef type steer something doesnt seem right.
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12/02/11, 10:13 PM
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Join Date: Oct 2003
Location: Carthage, Texas
Posts: 12,260
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Still in a drought here, technically, although it's starting to rain. Neighbor (Uncle) was carrying a load a week, up until a month ago, as was getting around 1.40 for young cows.
He learned long ago, some breeds won't bring nothing at a sale barn... so, even if a calf was 'free', it wasn't worth fooling with, unless it was fattened up to eat for home use.
Growing up, Dad sent some cows to market, one brought $5. Leg got limpy on the ride... at that price, if he'd'a known, he'd'a brought her back home and we'd killed her ourselves...
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12/02/11, 11:51 PM
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Join Date: Jun 2011
Location: Idaho
Posts: 180
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He was a Holstein 780 lb He was in great shape when I dropped him off. His "brother" brought 89 cents a pound. Both good cows.
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12/03/11, 02:05 AM
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Too Complicated For Cable
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Join Date: Feb 2011
Location: Washington
Posts: 10,118
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HE was a lil fella then wasn't he? 780lbs at 2 years seems wrong to me. But I'm new to cattle so...
__________________
Know why the middle class is screwed? 3 classes, 2 parties...
To punish me for my contempt for authority, fate made me an authority myself. ~ Einstein
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