In this file:

 

·         Cattle producers whoop, applaud sale barn prices

A mid-December sale of 229 heifers averaged $2,017 at F&T Livestock Market in Missouri.

 

·         Replacement Price Trends

Year-Over-Year Prices on Show-Me-Select Replacements Have Ups and Downs

 

 

Cattle producers whoop, applaud sale barn prices

A mid-December sale of 229 heifers averaged $2,017 at F&T Livestock Market in Missouri.

 

Duane Dailey, BEEF Magazine

Jan 13, 2020

 

Dailey is a retired MU Extension professor.

 

After a mid-December sale of 229 heifers averaged $2,017, all Daniel Mallory, sales manager and University of Missouri Extension field specialist in livestock, could say was, "Unbelievable."

 

Before the last Show-Me-Select heifer sale this fall, quiet talk told of lackluster prices at five previous sales across the state. Some previous sale averages as low as $1,651 seemed too low for bred replacement heifers with known data.

 

However, at the F&T Livestock Market in Palmyra, Mo., cattle producers whooped and applauded as they heard the totals.

 

When the Saturday sale ended, the crowd lingered to talk. The higher prices brought smiles for consignors and buyers.

 

"We had a great crowd,” Mallory said. “The consignors brought excellent quality." Records showed repeat buyers bought 73% of the heifers.

 

Back for more ...

 

Success in the northeast ... 

 

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https://www.beefmagazine.com/prices/cattle-producers-whoop-applaud-sale-barn-prices

 

 

Replacement Price Trends

Year-Over-Year Prices on Show-Me-Select Replacements Have Ups and Downs

 

By Victoria G Myers, DTN/Progressive Farmer

1/13/2020

 

Fall sales through Missouri's nationally-recognized Show-Me-Select program, showed there's some variability in what producers are willing to pay for quality bred heifers right now.

 

The bred heifers in these sales come from producers enrolled in the University of Missouri Extension's development program. Buyers get not only quality replacements, but background and genetics on every animal. Looking back, price data from these annual sales are a valuable tool to help gauge pricing on quality replacement heifers.

 

The 2019 sales season wrapped up with six Show-Me-Select auctions across Missouri. The first, held November 15, 2019, at Joplin Regional Stockyards in Carthage, Missouri, saw 190 heifers for sale. Average price per head came in at $1,672; average price on an AI replacement was $1,704. Compare this to 2018, when there were significantly more cattle offered (311) and prices averaged $1,586 across all head; and $1,631 on AI.

 

Jared Decker, beef geneticist with the University of Missouri, reported sale prices in Joplin were stronger than consignors expected. He noted more out-of-state buyers, as well as a shifting in consignments. There were more red cattle offered, and the crossbreds did well at the sale. Decker noted a trend favoring AI-bred heifers...

 

more

https://www.dtnpf.com/agriculture/web/ag/livestock/article/2020/01/13/year-ayear-prices-show-select-ups