Market Summary

Slaughter cows and bulls sharply higher again, lots of cows in the high $260s and bulls to $3. Expect this market to peak soon but downside is pretty limited due to short supply and very impressive demand.  All classes of feeders are steady, which is a victory considering futures have been under heavy pressure due to the strike at JBS Greeley and the Iran war. Traders are worried that the inflationary effects of the war and the rapid decline of the stock market will affect beef demand at some point.  It’s hard not to worry about that but there’s no evidence of it yet.  For now most of the leverage in the system belongs to the cow-calf producer and there is no end in sight for that.  All other sectors in the beef industry (backgrounders, feeders, packers, retailers, restaurants) will not fare as well.  Look for a steady to higher feeder market going forward although it will be less impulsive as the last few years.  Ian

Market News

MARCH 26TH - PALPATED HEIFER SALE LISTING

We have switched to a new online auction streaming service. You will need to set up a new profile to view or bid.

GIVE THE OFFICE A CALL OR EMAIL US WITH THE VACCINATION PROGRAM ON YOUR CALVES.

When bringing in cattle please fill out manifests for Feeder cattle separate from Cows/Bulls.

Follow us on Facebook & Twitter or sign up for our weekly Newsletter and get the market news as it happens