Backgrounding cattle that achieve weights of 650–700 pounds (290–320 kg) are suitable for sale to grass feeding operations, whereas those achieving weights of 800–825 pounds (363–374 kg) are suitable for sale to feedlot operators. Backgrounding operations will typically purchase 300–600 pounds (140–270 kg) feeder cattle calves and feed to grow the animals into 650–875 pounds (295–397 kg) backgrounded cattle. įeedlots producing live cattle for slaughter will typically purchase 500–850 pounds (230–390 kg) feeder cattle calves and feed to grow the animals into 850–1,400 pounds (390–640 kg) cattle. Packers slaughter the cattle and sell the meat in carcass boxed form. After attaining a desirable weight, feeder cattle become finished cattle that are sold to a packer (finished cattle are also called fattened cattle, fat cattle, fed cattle, or, when contrasted with carcasses, live cattle). Both types are often produced in a cow-calf operation. Feeder calves are less than 1 year old feeder yearlings are between 1 and 2 years old. Backgrounding occurs at backgrounding operations, and fattening occurs at a feedlot. The term often implicitly reflects an intent to sell to other owners for fattening (finishing). They may be steers (castrated males) or heifers (females who have not dropped a calf). Cow and heifer markets are likely to be even more dynamic in the coming months.Young cattle soon to be sent to fattening, especially those intended for sale before finishing Fat cattle and alfalfa in the Pecos Valley, New Mexico (probably early 20th century) "Prize fat cattle" (probably late 19th century) The Grand Champion steer at the 13th annual Fat Cattle Sale and Show in Quincy, Florida, 1959 Foxhole Martha 2005 Royal Cornwall Female Breed Championįeeder cattle, in some countries or regions called store cattle, are young cattle mature enough either to undergo backgrounding or to be fattened in preparation for slaughter. Current bred cow values could range from less than $1000/head to nearly $2000/head in the current market across a wide range of quality, age, stage of gestation, and hide-color factors. Black-hided cows are valued roughly $100/head more compared to non-black hided cows. Bred cow value is higher for later stages of gestation, with bred cows valued roughly $150/head more in the third trimester compared to the first trimester. On average, the value of bred cows is highest at ages 3-5 and begin to drop sharply after age 7. Variations from low to high quality decrease or increase value of the cow by roughly 15 percent, about $200/head less for low quality to $200/head more for high quality cows compared to average quality. The base cow described above assumes average quality. The prior research also provides insights into the range of values for bred cows. I expect bred cow values to increasingly reflect and incorporate expectations for higher calf prices in the coming months. Based on the previous research, including seasonal patterns and fall futures market values for feeder cattle and corn, the 5-8 year old cow currently valued at $1332/head could easily increase to $1700/head or higher by this fall. What can we expect for bred cow values later? Again, assuming drought conditions show significant improvement, bred cow and heifer prices will likely increase dramatically, beginning, perhaps this fall, and into 2024. Based on prior research and current broader market conditions, bred cow values would likely be $100-$300/head higher without drought impacts. Younger (2–4 year-old) cows averaged from $1300 - $1550/head for second to third trimester cows. 1 cows, 5-8 years of age, second trimester (T2) bred, 1100-1200 pounds in Oklahoma were $1332/head last week. Given growing expectations that drought conditions will moderate through the coming months, bred cow and heifer values are likely to increase sharply by this fall.Ĭurrent bred cow values for Medium/Large No. at the end of March.īred cow values are seasonally higher going into April but it appears that the lingering drought conditions is holding bred cow values somewhat lower than otherwise for this time of year. and average dressing Lean cows were $92.69/cwt. Average dressing Breaking cows were $104.74/cwt. at the end of March for average dressing cows. Prices for Boning slaughter cows in Oklahoma are up almost 39 percent from December and were $98.24/cwt. Fed cattle prices at the end of March are up about 6 percent from December 2022. Bigger steers and heifer prices have increased five to eight percent, still weighed down by high corn prices. Prices for Oklahoma feeder steers (under 700 pounds) and heifers (under 650 pounds) have increased 12-20 percent since the end of 2022. Cattle prices are advancing for all classes of cattle.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |