Page 24 - MWC 08-5-2021s

MARKET REPORT

The Midwest Cattleman · August 5, 2021 · P24
AGJA Board
of Directors Live Cattle Feeder Cattle Daily

Elected at

2021 Southern

Hospitality
Classic
The election of the Amer-
ican Gelbvieh Junior Asso-
ciation (AGJA) board of di-
rectors was held at the 2021
AGJA Southern Hospitality
Classic in Batesville, Missis-
sippi, on Wednesday, June 23,
2021. AGJA members elect-
ed five candidates to serve a
two-year term. Live Cattle: My thoughts center around this market stabilizing now. I’ve been Feeder Cattle: All you have to do is look at the corn market for a reason for the
The AGJA board of di- placing a bullish tilt to this market for some time now. I may need to temporarily pull-back in feeders. If I owned a feedlot I’d be nervous to say the least. I do feel
the feeder market has overdone it to the downside and it will be tough to break it
place this on “hold” for a while. The higher placements the last three months will
rectors is comprised of nine have a negative impact on prices yet, so like they say, “All good things come to those further. The early corn harvest has most feeder buyers in the field and I don’t think
AGJA members and one who wait”. I see production numbers staying over last years’ levels until at the they’ve really had time to concentrate on buying feeders. Let’em get caught up a
ex-officio member. Directors American Gelbvieh Junior Association board of directors. Front row (left to right): Alexx Starr, Stapleton, Neb.; Madalynn Welsh, little and they’ll head to town.....checkbooks in hand....bulging with “corn” money.
least the end of the year. Beef shipments have been lagging last years’ levels now
serve two-year terms and Franklin, Neb.; Preston Dunn, St. John, Kan.; Karley Rumfelt, Phillipsburg, Mo.; Rachelle Anderson, Jamestown, Kan.; Cody Forbes, This market will rally....wait and see.
for about a month. Two weeks ago they were 8% lower than last year. This weeks
are eligible to serve two full De Smet, S.D. Back row (left to right): Jaycie Forbes, De Smet, S.D.; Lily Judd, Pomona, Kan.; Jaylea Pope, Ravenna, Neb.; Sadie
report showed exports a whopping 56% lower than last year. This ain’t good. Low
Morris, Batesville, Miss.
terms. Directors must be 16 imports and high exports have held this market up all summer. We’re starting to
lose some of that. I just can’t pull the trigger yet on long term bullish hopes.
years of age and may not •Jaycie Forbes, De Smet, and Jeanne Pope; Mississippi, daughter of
have yet reached their 20th South Dakota, daughter of •Lily Judd, Pomona, Kan- Jason and Susan Morris.
birthday as of January 1. Troy and Pam Forbes; sas, daughter of Nick and •Madalynn Welsh, Frank- Trading commodity futures involves substantial risk of loss
Newly elected board •Jaylea Pope, Ravenna, Ginger Judd; lin, Nebraska, daughter of and my not be suitable for all investors. The recommendations
Rich Nelson
express opinions of the author. The information they contain is
members include: Nebraska, daughter of Jeff Allendale Inc. continued on page 26 obtained from sources believed reliable, but is in no way guaran-
•Sadie Morris, Batesville,
815-578-6161 Allendale Inc. teed. The author may have positions in the markets mentioned
including at times positions contrary to the advice quoted herein.
rnelson@allendale-inc.com Opinions, market data, and
THREE GENERATIONS with a mom who taught me something similar. ways goes back to doing the recommendations are subject to change at any time.
“I would like to get to the right thing and standing be-
continued from page 21 what those numbers meant. What Does this Report Mean to Me?
need to educate people about My mom was one of the first point where we have, jointly hind your cattle. She taught 1 0 1 0 2 , 0 3 r e b m e t p e S n a m e l t t a C t s e w d i M e h T
6
women who had a production with another producer or on me that it is important to
the importance of EPDs. I Q #1
BSE Clinic Time
What do you think the price of fats will be in April 2011
was lucky to have grown up sale in the ‘80s. She made her our own, a production sale,” know your market. Know
own catalog, and those EPDs she said. “I want us to be your herd. Know your cattle.”
Answer: It’s hard to see the forest for the trees here, but peering through the foliage I see $105.00 fats on the horizon for April. Demand is
were an im- known for quality cattle that Perhaps in the near fu-
By Eldon Cole, University of Missouri Extension
going to have to kick in though in order to get it.
portant part of improve the bottom line of a ture, three generations of
Has your bull had a breeding We’ve scheduled four clinics of cows keep coming back in progeny differences (EPDs) and
the marketing. herd; cattle that are structur- women from this family will
Q #2
soundness exam (BSE) since where you can get your bulls heat. There are no other out- breeding programs or whatever
But that was a ally correct and come from walk into a sale barn...to host
Due to the recent break in feeders, would you be holding your fall-weaned
you pulled him from the breed- completely examined, given ward signs of trich in the bull is on your mind. Ed Trotter with
rare thing back people who are honest and a full-blown production sale
ing pasture this summer? Fer- parasite control treatment and or cow for that matter. Pfizer will be at some of the clin-
calves for a while or letting them go?
dependable breeders. I want from their sister herds of cat-
then.”
tility and breeding ability can vaccinated and be ready to turn ics with information on their
Looking people to drive by our pas- tle they can stand behind. If
fluctuate in bulls from year-to- out if everything checks out Answer: What ever happened to the easy questions? This will depend upon your weaning sched-
DNA evaluation program.
Here are the dates and loca-
ahead, Lisa con- tures and say, 'There's some that day comes, it may well
year and season-to-season. If okay. In addition, if you’d like, tions of our fall clinics. fulfill yet another dream for
Call the above veterinary of-
ule and your available feed supply. I’m long term bullish the feeder market but the “reality” of
the nice cattle.'”
templates
you’ve preg checked your cows they can check your bull for the right now probably dictates letting them go. If you keep them for an extra 30 days, make sure you
fices for your appointment time.
“Mom taught me by her the Wolters and Claerhout
next big thing
and found several open, it just sexually transmitted disease, October 11 - Barry County Vet Of course, there’s a limit to the
for Lucky Cross side how to be a cattlewom- Gelbvieh women.
minimize the grain in the ration. Grow them on good forage....”sell” $4.50 corn. If the fat market
might be cause to check him trichomoniasis. Trich is on the Services, Cassville number of bulls the clinics can
Ranch might be an,” Lisa said. “She said it al-
out. rise in this part of the world. It’s stays sluggish and corn prices don’t moderate, about the only thing you’ve got to hang your hat on
Contact: Dr. Voyd Brown, 847-
accept so you may need to pick a
suspected when a large number 2677 different time and/or a different
for “higher feeders” is “Hope”.
veterinarian. It’s just important
October 12 - Kent Veterinary to have your bulls checked out.
Buffalo Livestock Market Clinic, Billings A survey of cow-calf farms in November 6th
Contact Dr. Harvey Kent, 744- 24 states in 2008 showed that Auction
2222 about 25% do a semen evalua-
Special Cattle Sale Special Sheep Lunch at 11:00 a.m.
tion on their bulls before turn-
Vaccinated Every Stock Cow & October 13 - Dake Veterinary out. I doubt if we’re that high Sale at 12:30
Watch our
Cattle Saturday sale live on the & Bull Sale Goat Sale Clinic, Miller in southwest Missouri. The Sale Offering
Internet at
Sale 12:00 Noon www.CattleUSA.com Contact: Dr. Chuck Dake, 452- October BSE clinics in the past 16 - 2010 Heifer Calves Jan. - May
3rd Tuesday 4th Tuesday 3301 few years have found more prob- 16 - Breeding Bulls 7 to 18 months RH Standard Lad 0313
2nd Sat. of Selling all classes
Each Month of cattle lems with bulls than the clinics 16 - Spring Calving Bred Females Solid As A Rock Sire Group
October 14 - Countryside Ani- in March. Hot weather could 16 - Spring Calving Black Females Reynolds Herefords
mal Clinic, Aurora be more of a problem than cold Bred to Hereford Bulls
Lyle Caselman - Owner-Manager: 417-345-7876 • Mobile: 417-533-2944 Contact: Dr. Mike Bloss, 678- when it comes to bull fertility. It 8 - Fall Calving Pairs 1071 County Road 1231
Leon Caselman - Owner: 417-345-4514 • Mobile: 417-588-6185 4011 could even be from fescue toxins 6 - Show Steer Prospects Huntsville, MO 65259
Call Lyle or Leon to find out what we can do for you: consumed or a combination of Both Horned & Polled Offered
Danny Cross 417-576-5461 • John Sanwald 417-588-9113 • Bobby Cole 573-674-3131 Besides the BSE, I will be at factors. November 5, 2010 Sale offerings on Home: 660-277-3679 • Matt: 660-676-3788
573-641-5270
Display 3:00 P.M.
the clinics to answer questions, CHB Dinner at 6:00 P.M. • Barb: 660-676-4788
Barn 417-345-8122 discuss bull sales, expected Call or E-Mail for Catalog Email: reynoldscattle@cvalley.net
Green Springs
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