Market Summary

Just a quick comment on the calf market. All classes of calves advanced today by $3-10. This market is on firm footing, supported by rising cattle futures, more buyers stepping into the market, and the reality of tight supplies is becoming more real. Some people have commented that the spread in prices between heifers and steers appears to be too wide. This is just a reflection of higher costs of gain. Barley last year was $255/T and today it’s $300/T. Heifers cost more to feed and as the cost of gain increases so does the spread. This isn’t an evil conspiracy, it’s just mathematics. This won’t change until grain prices move lower. The only way to beat it is to put additional gain on at home using roughage.  Aside from that, producers are happy and relieved with their calf cheque.  I think the reality of a higher valued market that sticks around for a while is settling in.  It was a very good day. Ian

Market News

Dec 1 - Bred Cow & Heifer Sale Listing

Dec 8 - Bred Cow & Heifer Sale Listing

Dec 15 - Bred Cow & Heifer Sale Listing

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