Market Summary
Slaughter cows and bulls steady, quite a bit lower than a couple weeks ago. The US government’s decision to eliminate tariffs from Brazil on ground beef is having a big effect on this market in both countries. What’s frustrating is that ground beef prices have only fallen about 13 cents a pound (which happens this time of year normally as grilling season ends) and cattle prices have fallen $4-500 a head. So the war on beef prices has turned into the war on cattle prices. Yearlings $5 higher as supplies dwindle and the futures improve. Calf prices sharply higher all week, now between $150 and $200 less than last year this time. Futures appeared to have bottomed as hopefully we’ve run out of bad news. There’s definitely an argument to be made that the low in the calf market is behind us. Have a good weekend. Ian
Market News
Nov 24 - Bred Cow & Heifer Sale Listing
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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Upcoming Sales
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Phone Bids
Sale day phone 403.575.3772 ask for Darwin or Kurt.
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