Manager's Message

APRIL 6 2020

            EVERY WEEK AND NEARLY EVERY DAY WE ARE ASKED THE QUESTION, WHAT’S THE MARKET GONNA DO?  I SURE WISH I HAD THE ANSWER FOR YOU ALL!  IF YOU LISTEN TO 10 ECONOMISTS YOU WILL PROBABLY HEAR 7 OR 8 DIFFERENT FORECASTS.  ALL I CAN TELL YOU IS THAT I BELIEVE WITH GOD’S HELP, THIS GREAT COUNTRY WILL SURVIVE THIS CRISIS.  DO I THINK THE MARKET WILL IMPROVE DRASTICALLY, AT A HIGH RATE ANYTIME SOON?  NO, I DON’T, BUT I SURE HOPE IT DOES!  FACT IS SEVEN SALE BARNS IN MISSISSIPPI REPORTED SELLING 1,673 HEAD OF CATTLE ON APRIL 6TH.  THAT’S AN AVERAGE OF 239 HEAD.  NOT GOOD TIMES IN THE SALE BARN BUSINESS.  WE ARE OPEN AND WILL CONTINUE TO STAY OPEN, HOPEFULLY FOR A LONG TIME.

            THE BUTCHER COW MARKET CONTINUED ITS DOWNWARD TREND.  COWS WERE CALLED $1.00 - $10.00 LOWER AND WE DID NOT HAVE ENOUGH BULLS TO TEST THE MARKET.  THAT MARKET HOPEFULLY IS WORKING THROUGH A LARGE NUMBER OF COWS WAITING ON SLAUGHTER AND IS BEGINNING TO STABILIZE.  WE ARE STILL NOT DOWN TO THE LOWS THAT WE SAW SEVERAL MONTHS AGO.  THANKS TO RICKY RUFFIN FOR BRINGING US A NICE LOAD OF SLAUGHTER COWS.  THEY WERE FLESHY AND AVERAGED OVER $.50 A POUND.  WE DID NOT HAVE A BIG NUMBER OF PAIRS SO THAT’S HARD TO GAUGE.  WE STILL HAVE CUSTOMERS LOOKING FOR QUALITY PAIRS.

            THE LIGHTER WEIGHT STEERS WERE CALLED UP TO $5.00 HIGHER.  THESE ARE UNDER 400 POUNDS.  WE ARE STILL SELLING QUALITY STEER CALVES RIGHT OFF THEIR MAMAS AT A DECENT PRICE.  I SAW A REAL GOOD 485 LB. STEER CALF BRING $1.40 YESTERDAY.  THAT’S $679.00 – NOT GREAT, BUT NOT TERRIBLE EITHER.  CM “CURTIS MASSEY” HAD LOTS OF ORDERS YESTERDAY AND KEN SHELTON HAD GOOD ORDERS TOO.  THANKS TO ALL OUR ORDER BUYERS.

            RYEGRASS IS PLAYING OUT FAST AND SPRING GRASS IS NOT QUITE HERE YET.  DON’T LET YOUR CALVES OR COWS START TO BACK UP AND LOSE WEIGHT.  LIKE WE MENTIONED EARLIER, WE ARE OPEN AND WORKING HARD TO EARN YOUR BUSINESS.  LET US KNOW IF WE CAN ASSIST IN ANY WAY.  THANKS FOR YOUR SUPPORT.

 

                                                            SINCERELY,

                                                           MIKE KEENE