Wow, hope you can hold on. You sold the 'bull' already, didn't you?
One of neighbors sold a calve, $1 a pound, other neighbor sold 3 calves $1.5 to $2 per pound. Just 2 weeks ago it was a solid $2.60 to $3.80 pound on calves. She called me crying this morning, it was a big shock that's for sure. Whats kinda crazy, the hay supply is pretty decent right now and some big producers have more on hand than previous 2 years. I ordered another truck load(20 x $72.50) of hay today, quality and 5x5 net wrapped bales, coming from a big ranch 12 miles north of me) knowing that the prices will be above $100 next month. From May to current, I have only used 3 bales. I'm moving the cows to 5 acre pasture tomorrow, it hasn't been used since June. The ongoing drought periods, the damn agricultural termites are hitting that field pretty hard. Rather feed the cattle vs. the termites. I'll have the cows eat the forage down to dirt, deworm them and then move them again. The termites will make the pasture a small desert of soil anyways.
Last Monday at Live Oak, (avg. Price to highest price). The $1 lb calf was sold here.
This week at Karnes
Last week at Karnes
