Full-Service Cattle Sales & Marketing serving the Fallon, Nevada and Outlying Areas. Feeder Sale will be held in conjunction with the regular Wednesday sales on the 3rd Wednesday of each month Thru July
Our sales can be seen live at www.DVauction.com
Due to drought, blizzards, and low profitability in cow calf operations over the last 5 years, nationwide cattle numbers are way down. We are setting up for another 2013/14 situation. IF, and that’s a big IF, we can get our percentages of the boxed beef prices to trickle down to the folks doing all the work, we could enjoy those same prices again.
Don’t get in a hurry to market your cattle this summer, but let the market come to you instead. Getting on these summer videos and buying split loads and commodity type cattle for later delivery might make more money than what we are doing today. Something to think about.
The market feels like it has a lot of bounce to it. Butcher cows and bulls continue to climb every week. Top cows were at $84 this last sale in June, with most cows bringing $75+. They should stay strong through mid-August, and then it’s anybody’s guess. Traditionally prices start to taper off as supplies increase.
Feeders are in demand and yearlings have jumped $20 in the last month. I think prices will continue to climb. If you can hold feeders until January/February they could be sky high, but due to feed shortages and high hay prices, most producers are trying to figure out how to get through August.
If you need bred cows, there will most likely be a slug of them coming in early this fall. With higher butcher cow prices now, it could create opportunity for you to move older cows early and do a buy back on younger cows later in the fall, keeping your numbers up and youthing up your herd a the same time.
Jack Payne, Owner Nevada Livestock Marketing
NATION’S LARGEST FEEDER SALE & THE 55th ANNUAL BULL SALE
The following Article is from THE FALLON POST on March 1, 2021 written by Leanna Lehman:
Fallon is known for many things, one of them being the faint smell of manure in the air. Well, it’s not always faint. Some locals will tell you that is the smell of money. While that is also not always the case, a great deal of the stuff moved through the valley last week (February 18).
Feeder Sale: Nevada Livestock Marketing hosted its Special Feeder Sale cattle auction last Thursday, February 18. For those not in the cattle business, feeder cattle or “feeders” are calves generally less than 12 months. They are weaned steers (castrated males) and heifers that are large enough to go into feedlots, or out on grass.
According to Jack Payne, Nevada Livestock Marketing (NLM) owner, the Feeder Sale was a huge success. In fact, Corbitt Wall, who attended the event, included the highly anticipated sale in a recent Cattle Market Report. Wall noted that 8,000 head of cattle were run through the auction on Thursday and Friday, stating, “It was the biggest sale in the United States last week.” Some of the steers brought top-quota on prices at $195.75 per 100 pounds or in the range of $1,000 per head.. “You won’t see prices like that anywhere,” said Wall, “but you don’t see cattle like that anywhere else either.” Wall also attested to the apparent health and robustness of the animals. “They come off that high desert range, are dried off and you couldn’t kill one of them with a pick ax” Wall Said.
In addition to the astounding volume of cattle that NLM moved through the auction ring, is the even more astounding $6.5 million that rolled through town as a result. Money exchanged hands over several fronts – buyers to sellers, to restaurants and hotels, and for supplies and feed. Not to mention, the hundreds of gallons of fuel that was purchased for the 200+ trucks and semi-trailers that transported the animals.
“The cattleman’s gang says Nevada is an export-only state”, said Payne, referring to local ranchers and the the number of Nevada cattle that are sold by out-of-state entities. “I have always disagreed. Of the 8,000 head that were sold, only 2,000 were from Idaho, Oregon, California, Utah and Wyoming. We are reviving the sale barn way of marketing cattle that the out-of-state video markets have taken away from Nevada, and we are bringing jobs and tax revenues back to Nevada! We have the momentum right now and have to keep it up.”
Bull Sale: The Nevada Cattleman’s Association also held their 55th Annual Fallon All Breeds Bull Sale (FBS) last week. According to the Association, the bulls’ sifting and grading took place Friday morning while the dog trials got underway. Cattleman from California, Idaho, Nevada, Oregon, and Utah participated in the sale.
Call Jack Payne for more information.
Have a great day and we look forward to seeing you soon