Page 20 - Oct22020

MARKET REPORT
Feeder Cattle Daily
Live Cattle
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
pull-back in feeders. If I owned a feedlot I’d be nervous to say the least. I do feel
placing a bullish tilt to this market for some time now. I may need to temporarily
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
further. The early corn harvest has most feeder buyers in the field and I don’t think
have a negative impact on prices yet, so like they say, “All good things come to those
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
least the end of the year. Beef shipments have been lagging last years’ levels now
little and they’ll head to town.....checkbooks in hand....bulging with “corn” money.
This market will rally....wait and see.
for about a month. Two weeks ago they were 8% lower than last year. This weeks

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
lose some of that. I just can’t pull the trigger yet on long term bullish hopes.
Trading commodity futures involves substantial risk of loss
and my not be suitable for all investors. The recommendations
Rich Nelson
express opinions of the author. The information they contain is
Allendale Inc.
obtained from sources believed reliable, but is in no way guaran-
Allendale Inc.
teed. The author may have positions in the markets mentioned
815-578-6161

including at times positions contrary to the advice quoted herein.
rnelson@allendale-inc.com
Opinions, market data, and
recommendations are subject to change at any time.
What Does this Report Mean to Me?
THINKING ABOUT weeks prior to weaning (best) The Midwest Cattleman · October 22, 2020 · P20
Q #1
continued from page 9 or after the stress of weaning b. “Second Round must be a
What do you think the price of fats will be in April 2011
Ingelheim Animal Health) is over. Only use modified live live product”
vaccines in calves nursing
second
Explanation:
The
1. “Two Rounds Viral Vac-
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
pregnant cows if the cows were
cines” virus vaccine again contains the
vaccinated with MLV within the
going to have to kick in though in order to get it.
a. “First round while on the respiratory viruses (IBR, BVD,
cow or at weaning, can be killed last 12 months because of the PI3, BRSV) and is almost always
Q #2
risk of abortion (check vaccine
or live (if live used while on the label for specific requirements). required to be a modified live
Due to the recent break in feeders, would you be holding your fall-weaned
cows, the cows must have been If this requirement is not met, vaccine (although it is referred
calves for a while or letting them go?
on a live virus vaccination pro- a killed vaccine must be used to as “live”). Modified Live Vac-
gram to avoid risk of abortion)” cines (MLV) provide fast, broad
until the calf is weaned. Exam-
Answer: What ever happened to the easy questions? This will depend upon your weaning sched-
immunity, are excellent stimu- One Shot (Zoetis), PresponseHM
Explanation: The first round
ule and your available feed supply. I’m long term bullish the feeder market but the “reality” of
of a “viral vaccine” contains the ples: Killed-Triangle 5 (BI), Cat- lators of cell-mediated immuni- (BI), OncePMH (Merck)
tleMaster Gold FP 5 (Zoetis), Vi-
right now probably dictates letting them go. If you keep them for an extra 30 days, make sure you
respiratory viruses (IBR, BVD, rashield 6 (Elanco) MLV-Vista 5 ty, and have a long duration of Another option is to use a
PI3, BRSV) in either a killed (Merck), Bovi-shield Gold 5 (Zoe- action. “Live Product with Pasteurel-
minimize the grain in the ration. Grow them on good forage....”sell” $4.50 corn. If the fat market
or modified live (MLV) prepa- tis), Pyramid 5 (BI) 2. “Two Rounds of Blackleg” la” as either the first or second
stays sluggish and corn prices don’t moderate, about the only thing you’ve got to hang your hat on
ration and may be given 2-3 Explanation: These are the round of viral vaccine.
for “higher feeders” is “Hope”. 7 or 8-way Clostridial vaccine Explanation: A Mannheimia
November 6th
products. Most require a two- haemolytica toxoid and MLV Re-
shot series, administered 2-3 spiratory Virus Vaccine Combi-
weeks apart for protection. Ex- nation product such as Pyramid
Auction
amples: Vision 7 (Merck), Ultra- 5 + Presponse (BI), Vista Once
bac (Zoetis), Bar-Vac 7 (BI) (Merck), or Bovi-Shield Gold
Lunch at 11:00 a.m.
3. “A ‘Pasteurella’ shot – calves One Shot (Zoetis) can be given to
Sale at 12:30
must get at least one round” meet the “Pasteurella” require-
Sale Offering
Explanation: This is a Mann- ment and one viral vaccine dose
16 - 2010 Heifer Calves Jan. - May
heimia haemolytica toxoid. This with one injection.
16 - Breeding Bulls 7 to 18 months
RH Standard Lad 0313
vaccine, commonly known as a 4. “Deworming-must include
16 - Spring Calving Bred Females
Solid As A Rock Sire Group
“Pasteurella shot” or “Pneumo- product and date”
Reynolds Herefords
16 - Spring Calving Black Females
nia shot”, is given to stimulate Explanation: Deworming
Bred to Hereford Bulls
immunity against the leukotox- with an endectocide (examples:
1071 County Road 1231
8 - Fall Calving Pairs
in (a white blood cell killer) pro- Ivomec (BI), Dectomax (Zoetis),
6 - Show Steer Prospects
Huntsville, MO 65259
duced by the bacteria to protect Eprinex (BI), Cydectin (Bayer),
Both Horned & Polled Offered
Home: 660-277-3679 • Matt: 660-676-3788
itself from the immune response. LongRange (BI)) will control in-
November 5, 2010 Sale offerings on
Some of these products also ternal and external parasites,
Display 3:00 P.M.
• Barb: 660-676-4788
contain a Pasteurella multoci-
CHB Dinner at 6:00 P.M.
continued on page 25
Call or E-Mail for Catalog
da bacterial extract. Examples: Email: reynoldscattle@cvalley.net
cattle feeders concrete tanker fence
cattle feeders concrete tanker fence
line tank stock freeze-proof pond tank
line tank stock freeze-proof pond tank
THIS AIN'T
united stated midwest www.thecon-
NO BULL!
united stated midwest www.thecon-
creteworks.com
›› Concrete Cattle Feeders
creteworks.com
›› Super-Tanker Fence Line
Freeze-Proof Stock Tank
›› Freeze-Proof Pond Tank
›› Delivery in the Cont. U.S.
www.theconcreteworks.com
Reader Service No. 2163
OVER
450,000
SOLD!
www.theconcreteworks.com
7-6-18 Plains
Reader Service No. 2163
THE CONCRETE WORKS LLC
877-464-7575
www.theconcreteworks.com
7-6-18 Plains