March
9, 2010 MARKET
REVIEW
250
head
The futures
market has been straight up on both fat cattle and feeders over the last two
weeks. Today, the market is 100
points lower on feeder cattle and 25 to 80 points lower on fat cattle.
We have been expecting this setback for the last few days and think it
could be healthy to the long term market.
Fat cattle are currently 23#’s lighter than last year, probably related
to weather. The question we talked
about last week was; are we backing fat cattle up because of the weather?
The answer seems to be NO. We
continue to sell fat cattle at an increasing rate and when you look at
placements over the last few months, you could paint a pretty optimistic picture
for the future.
This week I want to continue our report on the progress we have made this
year on age & sourced cattle. Last
week I talked about my trip to
Nebraska
and our continued efforts to develop a more consistent market for these cattle
each week. Six years of effort is
starting to pay off!
We have contracted 2010 to sell age and source cattle to Big Blue.
Big Blue is an internet cattle sales company dedicated to the sale
and purchase of source and aged yearlings and calves.
We will be their only representative in
California
. Because we have all the computer
technology, electronic readers, and experience behind us, it will be great for
both of us.
Big Blue is looking for cattle under 14 months of age between May and
August each year. This is the
perfect match for 101 Livestock. It
will enable our customers to access 44 different feedlots for 2010 and beyond.
Big Blue will be purchasing cattle weekly in our sale and we will also be
representing cattle for sale on the Big Blue internet.
This is no ordinary company. They
are dedicated to age & sourced cattle, a perfect match for 101 Livestock.
This week’s market on cows and bulls continues
to steady. We did have a few big
bunches of heavy cattle this week and expect 2 loads of light weaned cattle for
next week.
It is very important to our
age and source program to have the exact tag numbers on the calf crop we are
approving and to have the paperwork done at least 2 weeks before cattle come to
sale.
______
982
Buttons
(manufactured
15 digit numbers)
$3.25
(Premise numbers or Physical address of
calf crop accepted)
Floppy tag and corresponding button
$4.25
(match pair)
We now have full
duplex buttons available for $2.55
IMPORTANT
REMINDER!!
ALL
VACCINES MUST
BE GIVEN TO CATTLE AT LEAST TWO WEEKS PRIOR TO SHIPPING!!
See you next
Tuesday
101
LIVESTOCK MARKET 831-726-3303
101
LIVESTOCK SUPPLY 831-726-3444
101
TRAILER SALES 831-726-3220
click
to read on bovine trichomonosis producer update and requirements.
Ecology
Action and local Resource Conservation Districts have partnered to create this
program. They work closely with the Natural Resources Conservation
Service (NRCS) to provide education and technical assistance to livestock owners
in
Santa Cruz
,
San Benito
, South Santa Clara and
Monterey
Counties
. As part of the program they have grant funds available to provide
cost-shares for site design and property improvements. For more
information, see their website at www.livestockandland.org
