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r3020
Senior Advisor

Down down down we go.

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8 Replies
SupremeFarms
Senior Contributor

Re: Down down down we go.

It is interesting that since the 4th. of July live cattle prices have decreased but stocker and feeder prices have held steady or gone higher.  I am wondering if the prices for calves are increasing in anticipation of a higher spring market when some of those cattle are likely to be finished, or if the lack of auctions over the 4th caused there to be more demand for a few weeks and stocker and feeder prices are likely to start decreasing soon.  

 

Unfortunately, the Holstein vs. Choice Steer price difference has widened.  Here is the comparison graph updated through July 19th.

 

2016-2017 Tama Choice Steer & Choice Holstein Comparison.jpg

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k-289
Esteemed Advisor

Re: Down down down we go.

3020 - Don't worry -   ''' Hy Vee ''''  grocery add stated   Choice Reserve  boneless beef rib eye steak  - 8 oz.  $8.99   -        priceless  yes  8 oz. 

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k-289
Esteemed Advisor

Re: Down down down we go.

Or   the  same  store  add  has   85/15   lean ground beef for   $3.99 /lb. -   hurry - don't fiddle around or you'll miss it ---

 

Wonder what the price would be on finely textured ? 

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wrightcattle
Veteran Advisor

Japanese bought Creekstone

Buy yourself a box of cortes for a record up thru year end... Say $60+cwt...

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SupremeFarms
Senior Contributor

Re: Down down down we go.

Now, if we could just get people to pay that price per ounce for a live bovine.  That would be about $24,273. for a 1350# bovine.  I would happily sell our cattle for that price.  Smiley Happy  There would be a downside though, as I would not be eating very much beef.Smiley Sad

 

 

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SupremeFarms
Senior Contributor

Re: Japanese bought Creekstone

Hi Mark,

 

I am very happy to see you posting on here again.  Smiley Happy

 

I have missed reading your optimistic posts.

 

 

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wrightcattle
Veteran Advisor

Re: been laid up is hospital

A bunch since mid Feb.  Broke a hip then for infection in it bout June.

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SupremeFarms
Senior Contributor

Re: been laid up is hospital

Very sorry to hear that you have been having a rough year.  I hope you recover well and that the rest of 2017 will be considerably better for you.

 

 

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