Beef prices going up????

NDbowman

Founding Member
Founding Member
Joined
Aug 21, 2015
Posts
1,206
Likes
454
Points
283
Too many variables to know who bought them, why, and their end purpose. I just know he sold them for that price.
I'm skeptical that he got that price for an 1100lb holstein cross. He did sell at the high point of the market but even still I don't believe it. Right now a finished steer sold to a packer would bring $2.30 per lb. I don't remember exactly what the high was about 2 months ago, maybe $2.50 or $2.60. so say a finished steer weighs 1300lbs at $2.50. that is $3250.

Well I guess I could be wrong. After I posted this I looked at archived sale reports from Napoleon livestock. back in Oct 1000+ lb steers brought good money.
WISHEK 63 BLK-STR 984 $346.00 $3,404.64 WISHEK 61 BLK-STR 1012 $345.50 $3,496.46 BALDWIN 15 CHAR-STR 927 $340.00 $3,151.80 LINTON 59 BLK-STR 1045 $326.00 $3,406.70 NAPOLEON 37 BLK-STR 1025 $325.00 $3,331.25
 
Last edited:


KDM

Founding Member
Founding Member
Thread starter
Joined
Apr 20, 2015
Posts
9,974
Likes
3,038
Points
798
Location
Valley City
I'm skeptical that he got that price for an 1100lb holstein cross. He did sell at the high point of the market but even still I don't believe it. Right now a finished steer sold to a packer would bring $2.30 per lb. I don't remember exactly what the high was about 2 months ago, maybe $2.50 or $2.60. so say a finished steer weighs 1300lbs at $2.50. that is $3250.

Well I guess I could be wrong. After I posted this I looked at archived sale reports from Napoleon livestock. back in Oct 1000+ lb steers brought good money.
WISHEK 63 BLK-STR 984 $346.00 $3,404.64 WISHEK 61 BLK-STR 1012 $345.50 $3,496.46 BALDWIN 15 CHAR-STR 927 $340.00 $3,151.80 LINTON 59 BLK-STR 1045 $326.00 $3,406.70 NAPOLEON 37 BLK-STR 1025 $325.00 $3,331.25
Yeah, I know what you mean NDbowman and I don't blame you for throwing the BS flag. When he told me what he got for them, I was shocked. It's part of why I started this thread. Figured folks might want to know what might be coming on the horizon.
 

shorthairsrus

Founding Member
Founding Member
Joined
Apr 13, 2015
Posts
8,878
Likes
770
Points
508
What pisses me off is last time I was in Fargo's Costco and NY strips 15.99 per pound - same usda sticker i walk into Lihue's costco last week while on vacation and see them at $13.99.

Cost of living cheap in Fargo my ass it is.
 


BrokenBackJack

Founding Member
Founding Member
Joined
May 13, 2015
Posts
9,598
Likes
5,801
Points
898
Location
Central, AZ
Too many people forget it isn't just the critter for cost.
You have all your machinery for baling and raising grain to finish them out, don't forget the land for raising them either.
It isn't all profit by no means.
You have that critter for darn near 2 years if you calved them out and you have that cow year around.
 

Pheasant 54

★★★★★ Legendary Member
Joined
Nov 21, 2018
Posts
627
Likes
356
Points
200
The guys I know who liquated didn't do it because of costs. They did it because it was what they felt was an opportunity they absolutely could not pass up . Neither one regrets it
 


Davy Crockett

Founding Member
Founding Member
Joined
Apr 22, 2015
Posts
15,380
Likes
2,655
Points
783
Location
Boondocks
go to the sale barn buy a bottle calf in april, feed it till oct then butcher it.
I don't know if it's worth it. My Boy and I talked about it until I saw day old calves were over $ 500 . Milk replacer is spendy and there is always a risk of losing the calf or it ends up being a runt. The big dairy farms coming up might help with supply but they are big operators and seems like they want to get bigger. It would be nothing for them to ship the heifer calves down south or to a different facility and feed them out. Might be able to pick up bull calves reasonable though.
I'm guessing ICE has scattered most of their employees.
 

Obi-Wan

Founding Member
Founding Member
Joined
May 15, 2015
Posts
10,058
Likes
7,695
Points
1,008
Location
Bismarck
You should know that bashing, farmers and ranchers on this site is frowned upon
 

Recent Posts

Friends of NDA

Top Posters of the Month

  • This month: 228
  • This month: 69
  • This month: 54
  • This month: 53
  • This month: 50
  • This month: 40
  • This month: 34
  • This month: 27
  • This month: 26
  • This month: 25
Top Bottom