Page 34 - MWC 10-6-2022s
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Live Cattle
      KNOW TO TOW                                                           MARKET  REPORT                                                        Feeder Cattle Daily

                                                                                                 The Midwest Cattleman · October 6, 2022 · P34
      continued from page 33
                                                                             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
      and make sure the connection                                          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
      is secure before departure.                                           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
         The safety chains should                                           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
      be criss-crossed and connect-                                         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.
      ed with enough slack to make                                          for about a month.  Two weeks ago they were 8% lower than last year.  This weeks   This market will rally....wait and see.
      turns.                                                                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
      Electric Wiring and                                                   lose some of that.  I just can’t pull the trigger yet on long term bullish hopes.
      Connection
         Trailer connectors should
      match the truck connectors.                                                                                                                                      Trading commodity futures involves substantial risk of loss
                                                                                                                                                                       and my not be suitable for all investors.  The recommendations
      Check your connectors for                                             Rich Nelson                                                                                express opinions of the author.  The information they contain is
      wear and tear and test out the                                        Allendale Inc.                             Allendale Inc.                                  obtained from sources believed reliable, but is in no way guaran-
                                                                                                                                                                       teed.  The author may have positions in the markets mentioned
                                                                            815-578-6161
      connection.                        tions regarding brake system  brakes.                                   Do your best to balance the                           including at times positions contrary to the advice quoted herein.
                                                                            rnelson@allendale-inc.com
                                                                                                                                                                       Opinions, market data, and
                                                                            What Does this Report Mean to Me?
      Lights                             requirements.                        If the trailer brakes cause  load over the axles. The major-                             recommendations are subject to change at any time.
         Check all the lights (brake        Test  your brake  controllers  the truck to jerk, your trailer  ity of the weight (85% to 90%)
      light, turn signals, and tail- and make adjustments as need- brakes are adjusted too high.  should be carried over the axles
                                                                             Q #1
      lights) on both the truck and  ed depending on the weight of  Lower the braking power until  so that only 10% to 15% of the
                                                                            What do you think the price of fats will be in April 2011
      the trailer and make sure they  your trailer. The controller has  the trailer comes to a smooth  weight is carried on the tongue.
      are working.                       an adjustment button (+ or -)  stop.   Remember an empty  When using a bumper pull
                                                                            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
         If  you use  battery-powered  and sliding lever. You may need  trailer will have a different  trailer, place the heaviest ani-
                                                                            going to have to kick in though in order to get it.
      accessories, ensure that your  to use the controller to increase  gain than a full trailer.             mals in the front of the axles.
      emergency battery is charged  braking power (+) for heavi-             Q #2                             Load older and larger animals
      and ready for use.                 er loads or decrease braking       Non-Livestock Cargo               first, followed by younger and
                                                                             Due to the recent break in feeders, would you be holding your fall-weaned
                                                                              If using the trailer for other
                                                                            calves for a while or letting them go?
      Brakes                             power (-) for lighter loads.       than livestock, secure cargo in-  smaller animals.
         Inspect the breakaway cable        Slowly move forward on a        side the trailer: any kind of big    When tying animals in the
                                                                            Answer: What ever happened to the easy questions?  This will depend upon your weaning sched-
      or brake system. Manufactur-       level surface and shift the tow    and/or heavy cargo should be      trailer, use slip  knots  and  tie
                                                                            ule and your available feed supply.  I’m long term bullish the feeder market but the “reality” of
      ers recommend that any trail-      vehicle transmission to neu-       tied and secured in place be-     securely at head height in the
                                                                            right now probably dictates letting them go.  If you keep them for an extra 30 days, make sure you
      er exceeding 1,000 lb. have its    tral. Use the slide lever on the   fore towing.                      trailer.
      own brake system, but you          brake controller to bring the      minimize the grain in the ration.  Grow them on good forage....”sell” $4.50 corn.  If the fat market
      should also check state regula-    load to a stop using the trailer  The Load
                                                                            stays sluggish and corn prices don’t moderate, about the only thing you’ve got to hang your hat on
                                                                            for “higher feeders” is “Hope”.
                                                                                                                                                   November  6th
                                                                                                                                                         Auction

                                                                                                                                                    Lunch at 11:00 a.m.
                                                                                                                                                         Sale at 12:30
                                                                                                                                                           Sale Offering
                                                                                                                                                   16 - 2010 Heifer Calves Jan. - May
                                                                                                                                                   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
                                                                                                                                                           Bred to Hereford Bulls
                                                        SALE!                                                                                      8 -    Fall Calving Pairs           1071 County Road 1231
                                                        SALE!
                                                     33,595
                                                   $ $ 33,595                                                                                      6 -    Show Steer Prospects          Huntsville, MO 65259
                                                                                                                                                   Both Horned & Polled Offered
                                                                                                                                                    November 5, 2010 Sale offerings on   Home: 660-277-3679 • Matt: 660-676-3788
                                   2023 Hillsboro 7’x24’x6’8”o 7’x24’x6’8”                      573-641-5270                                               Display 3:00 P.M.            • Barb: 660-676-4788
                                   2023 Hillsbor
                                                                                                                                                         CHB Dinner at 6:00 P.M.
                                       Endura All Aluminuma All Aluminum                                                                                Call or E-Mail for Catalog  Email: reynoldscattle@cvalley.net
                                       Endur
                                  Goosenec
                                  Gooseneck Livestock Trailerk Livestock Trailer
                                                                              SimAngus Bulls For Sale

                                                                                       A.I. Sires Include Beacon & Enhance
                                                                              Over 20 head to choose from, mostly Homo Polled.
          7000# tandem torsion axles with
             electric brakes             Right side 52” fold down side ramp     EPDs
          16” 10 ply radial tires       Left escape door
          Adjustable sliding center gate  Painted black nose and LED lights      YW    up to TOP 10%            Superior open
                                                                                   MB    up to 5%              heifers, many from
                       Available at Maxwell’s Columbia, MO. location.vailable at Maxwell’s Columbia, MO. location.
                       A
        Aluminum gooseneck livestock trailers by Hillsboro Industries are designed to meet the   REA  up to 2%  A.I. sired dams, for
        rugged demands of loading and transporting your livestock. From double-wall construction   API  up to 10%  excellent brood cows.
        to slip-resistant floors, our stock trailers are equipped with superior features for increased
        strength, versatility, and durability.                                      TI   up to 10%
        OTHER MODELS AVAILABLE, CALL FOR INFORMATION
                                                                               Located near                Lynn Snow - 660-619-2867
                                                                                Sedalia and
                                                                                  Clinton        Call Bob Harriman - 660-492-2504
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