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Cattle Auction Prices React to Futures Market Volatility

By Josh Maples

As a followup to last week’s newsletter, this week’s article will dig deeper into the cash market reactions. Auction market prices dropped last week amid the decline seen in futures markets over the past two weeks. Prices were lower across all southeastern states shown in the tables below for both 500-600lb steers and 700-800lb steers. Prices dropped the most in Oklahoma City and in Missouri.

crops

Prices were roughly $20 to $50 per CWT lower for 500-600 lb. steers. Averaging across all states, the value of a 550 lb. steer was about $150 lower per head in the Southeast compared to the week prior. The impacts were certainly larger in some states.

Source : osu.edu

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Selling Rams & Helping New Farmers Begin

Video: Selling Rams & Helping New Farmers Begin

It’s shipping day again at Ewetopia Farms as we sell another Suffolk yearling ram! In today’s episode, we load one of our Suffolk rams onto the trailer as he heads off to his new farm to sire the next generation of lambs.

This particular customer has been buying our rams for over eight years, trusting Ewetopia genetics for their gentle temperaments, strong builds, and proven performance. Back home, we get busy looking after the flock that’s staying behind. With the weather turning wet and chilly, it’s time to put down fresh, clean bedding to keep everyone cozy and comfortable for the season ahead. Later, we welcome a wonderful new family who’s just starting out in sheep farming!

They’ve chosen some of our Suffolk ewe lambs to begin their flock — and we couldn’t be happier to help them take their first steps into raising sheep. Stay tuned for a follow-up episode when we help deliver and settle their new flock at their farm.