Page 15 - MWC 2-3-2022s
P. 15

CATTLE MARKETS                     for 2022, there are (of course)                        The Midwest Cattleman · February 3, 2022 · P15
      continued from page 3              risks and headwinds that
      tures quotes are around $144       could impact markets. Cur-
      per cwt for  April and $138        rent price expectations may
                                         offer pricing opportunities
      for the June and August con-
      tracts. Feeder cattle futures      for producers looking to man-
                                         age price risk. Whether that
      prices are also much stronger
      with spring contracts in the       be through using futures, op-
                                         tions, or USDA’s Livestock
      mid $170 range and summer
      contracts topping $180 per         Risk Protection (LRP), there
                                         are tools available to offload
      cwt.
         The start of a new year is      some price risk.  Just like
      a good time to consider risk       with all risk management
      management opportunities           decisions, the time  to think
      that might be useful at some       about it is before you might
      point during the year. Even        need it.
      with the optimistic outlook



      FEEDLOTS
      continued from page 6
      Average steer carcass weights           Missouri
      exceeded average bull carcass
      weights (884 pounds in 2021)
      for the third year in a row.
      Heifer carcass weights aver-                                                                    SELECT
      aged  831  pounds,  down  1.8
      pounds year over year.   Cow              Annual Production Sale
      carcass weights averaged 637
      pounds, down 3.8 pounds from
      the prior year.
         Declining cattle numbers                     Saturday, March 5, 2022 @ 6p.m. • 25935 HWY 5 Keytesville, MO 65261
      are projected to reduce cattle
      slaughter by 2.5 -3.0 percent in
      2022 and lead to a 2.5 percent         366H                             523J                           622J
      decrease in beef production for
      the  year.    However,  drought
      could change the timing by
      forcing more liquidation and
      slaughter sooner and delay-
      ing the decrease in production
      until later.                                                  3921834                         4000130                        4000095


                                              633H                             20H                             114H

      BUYING BULLS
      continued from page 14
      with a new herd sire in the
      trailer!
         Take time to do your home-
      work  and  select  the  correct                               3921822                         3921821                         3921838
      herd sire for your operation
      that will progress your opera-                   Selling 35-40 Head of Genomic Tested Simmental & SimAngus Bulls
      tion and improve your cattle.                                 Offering Yearlings, 18 Month Old & 2 Year Olds
      If you do, sale day and breed-
      ing season will be more relax-                    Select Set of Commercial SimAngus Heifer Pairs and Open Heifers
      ing as you are confident in the                                               Embryo Packages
      investments you’ve made for                                                                            Be sure & give our Facebook Page
      your cow herd’s future.
         Note: This article is courte-                                                                            Schupback Farms LLC
      sy of SDSU Extension. It was                                                                                 a “Like and Follow”
      originally written by Taylor
      Grussing,  former SDSU cow-                                                                                  George Schupback
      calf field specialist, and has                                                                                  660-621-0121
      been reviewed and updated by
      Kiernan Brandt, SDSU cow-
      calf field specialist.
      Angus Beef Bulletin
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