Page 23 - MWC 3-31-2022s

MARKET REPORT
Live Cattle
The Right Fit for Any Environment The Midwest Cattleman · March 31, 2022 · P23 Feeder Cattle Daily

Feeder Cattle: All you have to do is look at the corn market for a reason for the
Live Cattle: My thoughts center around this market stabilizing now. I’ve been
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
Written by Macey Mueller place this on “hold” for a while. The higher placements the last three months will the feeder market has overdone it to the downside and it will be tough to break it
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
From the rolling hills of In- cellent mama cows in his new corn silage, they’ve really had time to concentrate on buying feeders. Let’em get caught up a
who wait”. I see production numbers staying over last years’ levels until at the
diana, down to the river bot- beef cattle business. corn and al- 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
toms of Louisiana and out to After discovering they were falfa, Hiss This market will rally....wait and see.
for about a month. Two weeks ago they were 8% lower than last year. This weeks
the foothills of Colorado, the Santa Gertrudis influenced, conditions
report showed exports a whopping 56% lower than last year. This ain’t good. Low
imports and high exports have held this market up all summer. We’re starting to
Santa Gertrudis breed contin- he and his late wife, Margie, his steers
lose some of that. I just can’t pull the trigger yet on long term bullish hopes.
ues to prove its adaptability bought their first Gert pure- and culled
and profitability for producers breds from a herd dispersal females to
everywhere. in Texas. With the help of his market as Trading commodity futures involves substantial risk of loss
Originally developed to three grown daughters and freezer beef, which he says, degrees but tend to average in and my not be suitable for all investors. The recommendations
Rich Nelson
express opinions of the author. The information they contain is
Allendale Inc.
withstand the harsh brush other family members, Hiss “sells itself.” the 80s and 90s. He has been obtained from sources believed reliable, but is in no way guaran-
Allendale Inc.
country of south Texas, Santa has since developed a success- 815-578-6161 especially impressed with the teed. The author may have positions in the markets mentioned
“I haven’t had to advertise
including at times positions contrary to the advice quoted herein.
rnelson@allendale-inc.com
Gertrudis cattle are now found ful seedstock operation on his any of our freezer beef for sale,” hardiness of the Santa Gertru- Opinions, market data, and
recommendations are subject to change at any time.
What Does this Report Mean to Me?
thriving in a myriad of envi- 250-acre Hiss Family Farms, he says. “We have many repeat dis breed, whether it’s during
ronmental conditions. Three where he uses rotational buyers who have spread the a hot and dry season or during
cattlemen with operations in grazing practices on fields of word about the quality, tender- a polar vortex storm like they
Q #1
varying climates and land- alfalfa, clover, brome and or- ness, and taste of our beef, and saw a few years back.
What do you think the price of fats will be in April 2011
scapes describe how Santa chardgrass. we usually always have cus- “We had two days at -20 de-
Gertrudis genetics are adding Hiss markets his replace- tomers waiting.” grees and didn’t lose a single
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
animal; they weren’t even shiv-
value to the cattle industry. ment-quality females to other going to have to kick in though in order to get it.
Although not extremely com-
Bob Hiss – Indiana seedstock producers, primar- mon in his neck of the woods, ering,” Hiss says. “And likewise
Q #2
Bob Hiss, a dairy farm- ily through sales in Alabama Hiss says his Santa Gertru- in the summer, they have very
Due to the recent break in feeders, would you be holding your fall-weaned
er-turned-cattleman from Co- and South Carolina, where he dis cattle are well-adapted to little shade and still manage
lumbia City, Ind., wasn’t ex- recently consigned the high- northern Indiana, where sea- very well in the heat.”
calves for a while or letting them go?
actly sure what he was buying est selling yearling heifer. He sonal climate conditions are In addition to climate vari-
when he purchased a set of also sells bulls to commercial somewhat erratic. Hiss has ability, Hiss says flies can be a
Answer: What ever happened to the easy questions? This will depend upon your weaning sched-
red, crossbred heifers at the cattlemen looking to capture seen winters that average 25 major nuisance in his area, but
ule and your available feed supply. I’m long term bullish the feeder market but the “reality” of
auction barn nearly 25 years the value of hybrid vigor and to 30 inches of snow and others with their characteristic insect
right now probably dictates letting them go. If you keep them for an extra 30 days, make sure you
ago, but he knew he liked their improve maternal instinct in with only a few nights below resistance, his Santa Gertrudis
minimize the grain in the ration. Grow them on good forage....”sell” $4.50 corn. If the fat market
look and was especially excited their herds. freezing. Summer tempera- cattle have very few problems.
stays sluggish and corn prices don’t moderate, about the only thing you’ve got to hang your hat on
when they turned out to be ex- With an abundant supply of tures can reach more than 100 “We don’t have to fight pink
for “higher feeders” is “Hope”. continued on page 25
November 6th
Auction
Lunch at 11:00 a.m.
Located 45 mi. SE of Kansas City, Mo on 58 Hwy. east at Sale at 12:30
Modern Kingsville Livestock Auction Center at Kingsville, MO Sale Offering
16 - 2010 Heifer Calves Jan. - May
Make Plans To Attend Our Next 16 - Breeding Bulls 7 to 18 months RH Standard Lad 0313
16 - Spring Calving Bred Females
Solid As A Rock Sire Group
16 - Spring Calving Black Females Reynolds Herefords
Special Cow & Bred to Hereford Bulls 1071 County Road 1231
8 - Fall Calving Pairs
6 - Show Steer Prospects
Huntsville, MO 65259
Bull Sale 573-641-5270 Both Horned & Polled Offered Home: 660-277-3679 • Matt: 660-676-3788
November 5, 2010 Sale offerings on
Display 3:00 P.M.
• Barb: 660-676-4788
CHB Dinner at 6:00 P.M.
Call or E-Mail for Catalog Email: reynoldscattle@cvalley.net
Friday, April 22nd

5:00 pm

All Consigners & Buyers Welcome
Call 816-597-3331 Office

Rick, Jeremy or Jared Anstine
816-258-3421 • 816-716-9288 • 816-878-5229

Website: www.kingsvillelivestock.com • email: anstineauction@gmail.com