1002JerryNinesr.cfm Malatya Haber All-time highs set in feeder cattle market
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All-time highs set in feeder cattle market

By Jerry Nine

(Oct. 2)—On the feeder cattle side of the market we have set all-time highs, as far as I can remember. Last week we sold 800-pound steers that topped at $164 per hundredweight and a load of 670-pound steers that brought $176. We had two loads of black heifers that weighed 800 pounds and brought a little over $150 cwt. In fact the customer who sold those black heifers came down to the ring afterward and said, “I told you these calves were too high to buy and I was not going to try as hard to replace them.” But he jokingly said, “If you can guarantee me my heifers will bring $1,200 weighing 800 pounds, I’ll go back and start buying calves.”

Most of our area received enough moisture to drill wheat and some had already planted it. I talked to one individual who feeds most all his cattle. Someone said something about cheap grain and he said, “Yeah, but you always know what cheap grain will do and that is make cheap feeder cattle and fats, as most everyone will put on more weight if grain is cheap.” However, I think with the extreme drought we have had over a very large area, this has changed the norm from happening. If it had only been three or four states dry, maybe, but instead it was 10 or more. The first thing that has to happen is rebuilding these herds. I’m not sure there will be huge herd rebuilding with open heifers bringing $1,200 per head. If some get convinced they can sell that bred heifer for $2,000, then perhaps they might rebuild.

Just remember to tell the good Lord thank you for the rain and remind your family also. A drought is not much fun or very profitable.

One of the guys who works at the sale barn is just a good ole cowboy. It seems he has taken an extra interest in one of the gals here at the sale. I asked him if she has shown any interest in him, as I knew he hung around the cafe and surely couldn’t eat that many cheeseburgers. He said, “No, you know she is a nun.” I said, “Nun?” as if asking a question. He said, “Yes, and it is spelled N-O-N-E.”

Editor’s note: Jerry Nine, Woodward, Okla., is a lifetime cattleman who grew up on his family’s ranch near Laverne, Okla.

Date: 10/7/2013

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