The cattle market had been trending downward the past few months. That fact resulted in considerable pessimism before the 33rd Show-Me-Select (SMS) Bred Heifer Sale at Joplin Regional Stockyards on Nov. 20. However, when the last of 293 heifers left the ring, the average price of $2,477 brought smiles to most of the sellers.
Results from the previous 32 sales predicted an average heifer price just under $2000 per head. That forecast is based on the week's average price per head for a 550 pound, Medium and Large Frame, Number 1 Muscle steer at the Joplin and Springfield markets. That average amounted to $1011 per head according to the Missouri Market Summary.
The SMS heifer average of $2477 divided by the steer average resulted in a 2.45:1 figure. In the previous sales, the highest ratio was 2.4:1. Since the SMS sales began in 1997 at Joplin, the smallest ratio was 1.65:1 in 1999.
There was a standing room only crowd at the sale along with 254 viewers on DV Auction. Buyers came from Arkansas, Oklahoma, Kansas, and Texas and they took 110 (38 percent) heifers out of the Show-Me state.
The high-selling heifers for the evening were five head from Gilmore Farms, Aurora. They were F1 Angus-Hereford heifers bred AI to TH 122 711 Victor 719T, a Polled Hereford. The buyer was David Diggins, Moundville for $3200. Gilmore topped the overall consignment average with a $2975 price on eight heifers.
Circle S Chicks, Dusty and Valene Sturgeon, Starks City had the second high consignor average at $2838 for their 40 head of Red Angus heifers bred AI to Bieber Makin' Hay 9913. Two buyers each took 20 head, Harold Haskins, Diamond and John G. Harris, Russellville, AR.
John and Janet Massey, Aurora consigned 10, Angus-Simmental heifers that claimed the third high consignor average at $2684. Following close behind was 38, Angus-Hereford cross heifers from John Wheeler, Marionville that averaged $2651.
The volume buyers of heifers were Harris, who took 27 head to Arkansas. Following him, Haskins ended up with 22 head.
As usual, repeat buyers were abundant with 21 of the 39 buyers being repeat customers. The repeat buyers bought 162 (55%) of the heifers. The 160 head of AI bred heifers sold for $2604 per head. Those bull bred averaged $2325, $279 behind. Only ten head were tagged Tier Twos, and they averaged $2800.
"Tier Two indicates the heifers were sired by AI bulls who had attained specified EPD accuracy ratings for calving ease direct, calving ease maternal, weaning weight, carcass weight and marbling," said Eldon Cole, a livestock specialist with University of Missouri Extension.
Show-Me-Select cooperators are presently breeding or soon will breed heifers for the May 20 sale in southwest Missouri. Rules and regulations may be found at http://agebb.missouri.edu/select/prgmreq.htm
Source: University of Missouri Extension