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Old 11-22-2021, 10:57 PM   #1
Big Red 82
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Default Cattle prices low

I took a young Bull 1,200 pounds to the sale barn last week got my check today. 65 cents a pound. Hamburger st an all time high. Someone is making money somewhere. Not i.
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Old 11-22-2021, 11:03 PM   #2
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I took a young Bull 1,200 pounds to the sale barn last week got my check today. 65 cents a pound. Hamburger st an all time high. Someone is making money somewhere. Not i.
That's easy... ever seen a feeder go unsold? Me neither but tune into Jbsís 4th qtr profits.
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Old 11-22-2021, 11:08 PM   #3
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You're doing it wrong. Had lunch with a deputy today that covers the sales barn around here.

He said recently a guy sold his cow, got a check cut to him, then went back and re-bought his cow using a hot check.

Genius!

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Old 11-23-2021, 12:58 AM   #4
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That is what happens when you have a monopoly in the packing industry. They control the prices. It is ridiculous.
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Old 11-23-2021, 01:13 AM   #5
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That is what happens when you have a monopoly in the packing industry. They control the prices. It is ridiculous.
Yep, there are some ranchers in the midwest forming together to fight this with their own meat packing. Texas should do the same....
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Old 11-23-2021, 06:24 AM   #6
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Yep, there are some ranchers in the midwest forming together to fight this with their own meat packing. Texas should do the same....
I worked in the industry for forty years. Can't begin to count, or remember even, how many times I have seen this idea fail. The big packers have a stranglehold on the end customers. It is going to take government action to put an end to the present situation. This is unlikely with the present bunch of clowns holding the levers of power in Washington.
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Old 11-23-2021, 06:30 AM   #7
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Originally Posted by Big Red 82 View Post
I took a young Bull 1,200 pounds to the sale barn last week got my check today. 65 cents a pound. Hamburger st an all time high. Someone is making money somewhere. Not i.
You did better than a relative of mine. He just sold a bull that weighed a few pounds less than yours and only got 55 cents a pound. He said they catagorized it as something due to it being over 950 pounds. If it was less than 950 then he would have gotten more per pound for it. He told me the only way to make money right now is to sell a heifer and a calf as a pair. Said he would get $2,500 for the pair doing that.
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Old 11-23-2021, 08:03 AM   #8
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What type of bull was he? That sounds like Longhorn prices! That's less than Low yielding prices .
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Old 11-23-2021, 09:03 AM   #9
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What type of bull was he? That sounds like Longhorn prices! That's less than Low yielding prices .
Santa gertrudis. 3 year old.
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Old 11-23-2021, 09:10 AM   #10
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Yeah it really sucks. I took a load of calves to the sale last week and it was disappointing to say the least, especially seeing the prices at the grocery stores. I hope something can be done about it. Its no wonder why so many property owners are switching to wildlife exemptions and getting out of the business.
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Old 11-23-2021, 09:36 AM   #11
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Originally Posted by 60 Deluxe View Post
I worked in the industry for forty years. Can't begin to count, or remember even, how many times I have seen this idea fail. The big packers have a stranglehold on the end customers. It is going to take government action to put an end to the present situation. This is unlikely with the present bunch of clowns holding the levers of power in Washington.
What government regulation led to the formation of the monopolies? Any ideas?
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Old 11-23-2021, 09:48 AM   #12
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What government regulation led to the formation of the monopolies? Any ideas?
Lack of really. Look how JBS is built.

https://en.m.wikipedia.org/wiki/JBS_USA


JBS started to get vertically integrated a while back when the started acquiring the major feedlots. There was a government suit over I think price setting.

They ended up selling them to 5 rivers, I wouldn’t be shock if they own a large portion of five river’s. Never seen a feeder go unsold regardless of market price. Just something to ponder

And there was legislation purpose in 17 and Obama killed it

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Old 11-23-2021, 10:47 AM   #13
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November 13, 2021

3124 Head



Steers

300-400 $1.85 - $2.17

400-500 $1.70 - $2.02

500-600 $1.45 - $1.70

600-700 $1.30 - $1.60

700-800 $1.28 - $1.55

800-900 $1.25 - $1.54

900+ $1.15 - $1.40

Heifers

300-400 $1.45 - $1.75

400-500 $1.35 - $1.64

500-600 $1.25 - $1.50 Open

600-700 $1.20 - $1.45 Open

700-800 $1.15 - $1.43 Open

800-900 $1.10 - $1.35 Open

900+ $0.95 - $1.12 Open

Packer Cows $0.40 - $0.70

Packer Bulls $0.65 - $0.95

Last edited by BrianL; 11-23-2021 at 11:01 AM.
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Old 11-23-2021, 10:48 AM   #14
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You try selling him out right or was something wrong with him? Prices are actually up some here but no where near the crazy prices they getting for meat. I checked on nitrogen and its up to $775 a ton here. I dont see how to make money with cattle anymore.

Im going to build a walk in cooler and start eating more of them. If I can afford the feed to finish them. I hate grass finished meat.
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Old 11-23-2021, 10:50 AM   #15
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Quote:
Originally Posted by Big Red 82 View Post
I took a young Bull 1,200 pounds to the sale barn last week got my check today. 65 cents a pound. Hamburger st an all time high. Someone is making money somewhere. Not i.
Seafood business........ same scenario
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Old 11-23-2021, 11:02 AM   #16
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The mark up is at the processor to consumer I think. Buying one and butchering it yourself is the way to go. A lot of work though
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Old 11-23-2021, 11:09 AM   #17
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Short answer IMO is there are more cattle than the ability to process, and demand is in excess of processing capacity. Need more packer plant capacity
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Old 11-23-2021, 11:15 AM   #18
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Originally Posted by BrianL View Post
Short answer IMO is there are more cattle than the ability to process, and demand is in excess of processing capacity. Need more packer plant capacity
Yup
https://www.bloomberg.com/news/artic...orker-shortage
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Old 11-23-2021, 11:33 AM   #19
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Originally Posted by denimdeerslayer View Post
You try selling him out right or was something wrong with him? Prices are actually up some here but no where near the crazy prices they getting for meat. I checked on nitrogen and its up to $775 a ton here. I dont see how to make money with cattle anymore.

Im going to build a walk in cooler and start eating more of them. If I can afford the feed to finish them. I hate grass finished meat.
Yes i did. Everyone is hung up on angus or charlois for some reason. I priced him what i thought was fair. But not one offer. Lots of very nice comments as to how good he looked. I was done with him i take delivery of a registered 18 month old this spring and all my cows were bred. Didnt want to feed him through the winter.
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Old 11-23-2021, 11:37 AM   #20
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Short answer IMO is there are more cattle than the ability to process, and demand is in excess of processing capacity. Need more packer plant capacity
The exact same thing could be said about lumber.
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Old 11-23-2021, 11:38 AM   #21
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Originally Posted by SmTx View Post
You're doing it wrong. Had lunch with a deputy today that covers the sales barn around here.

He said recently a guy sold his cow, got a check cut to him, then went back and re-bought his cow using a hot check.

Genius!

Sent from my SM-G935V using Tapatalk
I call BS on this. How did he buy his already sold cow?
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Old 11-23-2021, 11:43 AM   #22
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About a month ago my wife sold her 10 year old bull at the sale barn. 1940 lbs @ $0.85 per pound. She had hoped for better. Would have had him slaughtered for lean burger but butcher dates are still like unicorns here.
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Old 11-23-2021, 11:47 AM   #23
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About a month ago my wife sold her 10 year old bull at the sale barn. 1940 lbs @ $0.85 per pound. She had hoped for better. Would have had him slaughtered for lean burger but butcher dates are still like unicorns here.
I would say she did really good on that sale.
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Old 11-23-2021, 11:48 AM   #24
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He was a bull that weighed 1200 pounds. ( No mention on breed or quality of beef. No one here should be able to make a statement either way on what you got but I can promise you a 1200 pound bull will be discounted a lot.

Also, market timing has a lot to do with price. For example I would never sell a 450 weight stocker in November, but I can't sell them in February or May fast enough.

And finally, YES you are correct, concentration in the packer industry is killing the price so the best you can do is manage what you can.
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Old 11-23-2021, 11:49 AM   #25
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I would say she did really good on that sale.
I was thinking the same thing.
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Old 11-23-2021, 12:27 PM   #26
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I sold an angus bull that damaged his ****** and couldn’t breed. I was expecting about $800 but wound up getting $1600. In my area where you sell them makes a big difference. I get a lot better price by hauling a an extra 20 miles.
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Old 11-23-2021, 12:31 PM   #27
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Originally Posted by denimdeerslayer View Post
I checked on nitrogen and its up to $775 a ton here. I dont see how to make money with cattle anymore.
1. Donít overstock
2. Donít buy fertilizer
3. Donít feed hay unless itís absolutely necessary

Have your cattle work for you instead of you working for them.
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Old 11-23-2021, 12:57 PM   #28
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1200 lbs is light for a 3 year old. Was he in poor condition?
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Old 11-23-2021, 12:58 PM   #29
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About a month ago my wife sold her 10 year old bull at the sale barn. 1940 lbs @ $0.85 per pound. She had hoped for better. Would have had him slaughtered for lean burger but butcher dates are still like unicorns here.
She did dang good. It probably should have only brought about .40-.50 per lb to be honest.

i wish i could have gotten that for every old bull ive hauled off.
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Old 11-23-2021, 01:01 PM   #30
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Santa gertrudis. 3 year old.
There's part of the answer. Santa Gertrudis do not bring top prices.
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Old 11-23-2021, 01:47 PM   #31
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There's part of the answer. Santa Gertrudis do not bring top prices.
lolol best cattle ever in my opinion, Disease and heat tolerant great disposition low calving weight great marbling .continually in usda prime scoring. i love them.
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Old 11-23-2021, 01:58 PM   #32
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She did dang good. It probably should have only brought about .40-.50 per lb to be honest.

i wish i could have gotten that for every old bull ive hauled off.
He was still in great shape for his age. Her hold up was that she didn't get high dollar on the bulls that sold that day!
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Old 11-23-2021, 02:15 PM   #33
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The price weíre paying at the store isnít so much a reflection on the supply of cattle, rather itís a supply chain issue. Lack of labor at slaughter houses, packing plants and maybe most importantly truck drivers (not to mention climbing fuel prices) has caused the inflation weíre seeing in the stores. These factors are affecting much more than the cattle industry, I feel itís only a matter of time before we have a major correction.
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Old 11-23-2021, 02:56 PM   #34
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lolol best cattle ever in my opinion, Disease and heat tolerant great disposition low calving weight great marbling .continually in usda prime scoring. i love them.
It doesn't matter what you think. What matters is what your buyers think. I'm not that familiar with the SG, but it is not one I think of when looking for prime grades. Most SG are really large, too big for me.
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Old 11-23-2021, 03:17 PM   #35
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Originally Posted by M16 View Post
1. Donít overstock
2. Donít buy fertilizer
3. Donít feed hay unless itís absolutely necessary

Have your cattle work for you instead of you working for them.
That dont work here. I didnt even include the feed bill.
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Old 11-23-2021, 05:33 PM   #36
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It doesn’t matter what breed the bull was. Anything bull over 1,000 pounds will go into packer category. $.65/lb is pretty average price on packer bulls
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Old 11-23-2021, 07:01 PM   #37
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that price sucks compared to what it should be in reality, but it looks like it is in the mid range of the sale barns in your area for that animal

it is always hard to sell a single animal especially a larger one in a market that wants to butcher 200 or 300 animals that are within 50 pounds or so of each other and the same sex and breed so they can get that consistent product to market

in addition to too little large scale packer capacity there is also way too little small butcher capacity to take those single animals and butcher them properly to serve a specialized or a local market

large packers always need burger meat, but they make their money bulk on prime cuts and some end profit on off cuts and hides and fat and other leftover products.....when that is in demand they do very well when that is low they still will find a way to make money, but it will be at the expense of the cattle producer

they export a lot of prime cuts right now as well so they need the consistency

if smaller packers and butchers were in place it would open the market for single animals and smaller strings of animals and maybe even lower the price on some stuff to end consumers
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Old 11-23-2021, 09:59 PM   #38
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That dont work here. I didnt even include the feed bill.
You aren't that far from me and the land is similar. I don't know why it wouldn't work where you are. I can actually make money with my cattle. I run about 1/5 per acre of what most people do. But I don't spend all my time and money trying to run more cattle than the land will support.

Just one question. How did cattle survive before people started fertilizing, feeding hay, grain, etc.?
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Old 11-23-2021, 10:48 PM   #39
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Some of yall should look at getting sludge from wastewater plants applied to your land. great fertilizer and probably free if you enter a long term agreement with the sludge hauler. Class B Sludge is not the same as raw sewer.
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Old 11-23-2021, 11:31 PM   #40
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Took a few 2 year old bulls and some yearlings to auction Monday and they did terrible.
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Old 11-23-2021, 11:38 PM   #41
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Originally Posted by Big Red 82 View Post
lolol best cattle ever in my opinion, Disease and heat tolerant great disposition low calving weight great marbling .continually in usda prime scoring. i love them.
I like SG also. Don’t have any but always liked them. King Ranch pretty fond of them as well ��
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Old 11-24-2021, 07:28 AM   #42
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All of yíall saying you just sold cattle and they didnít bring a good price. Were the Market reports showing something different the week before and they just dropped the day yíallís sold?
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Old 11-24-2021, 07:35 AM   #43
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10+yo American Aberdeen Bull for sale, registeredÖ $2000 still sound if you want to use for breedingÖ or you can have processed and consume

tending the fire,
Bob G.
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Old 11-24-2021, 07:43 AM   #44
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Seafood business........ same scenario
This is so true.
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Old 11-24-2021, 08:02 AM   #45
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Cattle prices are actually pretty dang good right now. If your cattle aren't selling good you may want to look at the quality of your livestock. We shipped 3 loads of steers yesterday weighing 650 for $1.71 and a load of heifer the same weight and got a $1.60.

Last edited by Buck_jane; 11-24-2021 at 08:13 AM.
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Old 11-24-2021, 08:42 AM   #46
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You waited to long to take him to the sell, 1200lb is way to big and he will probably be just hamburger meat. Bring them in around 900lbs and double your money
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Old 11-24-2021, 08:52 AM   #47
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All of yíall saying you just sold cattle and they didnít bring a good price. Were the Market reports showing something different the week before and they just dropped the day yíallís sold?
Nope. They have been relatively the same for a while now.

Quote:
Originally Posted by Buck_jane View Post
Cattle prices are actually pretty dang good right now. If your cattle aren't selling good you may want to look at the quality of your livestock. We shipped 3 loads of steers yesterday weighing 650 for $1.71 and a load of heifer the same weight and got a $1.60.
There is no one in any of my groups getting those prices. Your heifer price is 0.15 higher than the absolute top number at our local sale. Your steer weight is the top number. And these are both for cattle over 500#. You running a feeder operation?
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Old 11-24-2021, 08:52 AM   #48
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I got $1.65 a couple months ago. I’m glad I don’t need to sell any now.
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Old 11-24-2021, 08:55 AM   #49
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Originally Posted by RMW View Post
You waited to long to take him to the sell, 1200lb is way to big and he will probably be just hamburger meat. Bring them in around 900lbs and double your money
It was a herd bull...
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Old 11-24-2021, 10:40 AM   #50
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Originally Posted by solocam_aggie View Post
Nope. They have been relatively the same for a while now.



There is no one in any of my groups getting those prices. Your heifer price is 0.15 higher than the absolute top number at our local sale. Your steer weight is the top number. And these are both for cattle over 500#. You running a feeder operation?
Yes and sell by the lot, truck load, directly to a buyer. Where do you sale Lockhart or Flatonia?
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