Stronger Yearling Prices, Brings More Risk

Jun 04, 2014

When it comes to the cattle business, the stocker segment in particular has a favorable outlook for summer 2014. Livestock Marketing Information Center Director Jim Robb says that especially true, if cattlemen already own the cattle.

"I think certainly for the people that have already bought the calves these programs can fair surprising good this year," Robb said. "Record high calf prices, but the heavy weight yearling market has really been the market that has charged ahead of the other markets as we look across the board."

"I think that raises a bit of risk in this marketplace," Robb said. "We have had the premium of the 700 -800 pound and sometimes heavier steer widen relative to the calf, which makes those trying to buy the animals these programs look less profitable than they did a few weeks ago, but also widen relative to the fed cattle market."

With a strong heavy weight yearling market, Robb says a a little bit of risk management options could be prudent.

"We have future market options, we also have the government-sponsored livestock risk protection programs through the federal crop insurance agents," Robb said.

Video: Shearing Delay Leads To Kingston 4H Sheep Show!

What started as a disappointment turned into a day full of surprises, fun, and celebration as we leave Ewetopia Farms behind and head out to the Kingston Fair to watch the 4H sheep show

Today’s vlog was supposed to be another sheep shearing day here at Ewetopia Farms, but when our shearer had to cancel, we suddenly found ourselves with an unexpected free day. Lucky for us, the Kingston Fair was happening — and some of our own sheep (and friends) were competing!

We brought along our shearing helper and headed to the fairgrounds to cheer on the 4H kids and see how our sheep did in the show. From last-minute preparations and sheep showmanship to market lamb competitions and ewe classes, we take you behind the scenes of what it’s really like at a country fair.

We couldn’t be prouder — our girls walked away with wins in both showmanship and breeding ewe classes! Afterwards, we toured the fair, met a beekeeper with fascinating insights, admired other livestock shows, and wrapped up the evening with motocross stunts and a demolition derby!

Sometimes farm life throws curveballs — but today, it gave us the chance to celebrate community, our sheep, and the next generation of shepherds.