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November Florida Cattle Market Price Watch

Prevatt Nov Chart 1
 
The August 2016 Feeder Cattle futures contract declined by $16.38/cwt. during November. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $122.85/hd. ($16.38/cwt. *7.5 cwt.) on a 750-pound feeder steer which amounts to $8,190 per truckload (50,000 lbs.). The August Feeder Cattle futures contract low, contract high, and price range since September 2015 are $159.98, $188.70, and $28.72/cwt., respectively. The price range of $28.72/cwt. on a 750-pound feeder steer totals $215.44/hd. and $14,362.50 per truckload.
 
Prevatt Nov Chart 2
  • The breakeven price was estimated to be $768.00/hd. or $146.29/cwt. ($768.00/hd. divided by 5.25 cwt.). The breakeven price includes production costs of $750/hd. and death loss of $18.00/hd.
  • The price objective was estimated to be $918.00/hd. or $174.86/cwt. ($918.00/hd. divided by 5.25 cwt.). The price objective includes production costs of $750/hd., death loss ($18.00/hd.), family living withdrawal ($100/hd.), and growth capital/retirement ($50/hd.).
  • The expected cash price is equal to the daily August 2016 Feeder Cattle futures closing price plus an expected August 2016 South Florida 525 lb. Feeder Calf Basis of -$2/cwt.

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Assessing Pregnant Ewes: Key Signs, Problems, and Why We Wait to Breed Ewe Lambs

Video: Assessing Pregnant Ewes: Key Signs, Problems, and Why We Wait to Breed Ewe Lambs

Assessing pregnant ewes for the key signs that things are progressing normally and that lambs are imminent and on track, plus signs that things may not be going well is the focus on our sheep farm this morning. Lambing season is just one week away, and the anticipation is building at Ewetopia Farms! In today’s vlog, we focus on our pregnant ewes as their bodies prepare for lambing. Learn how to spot key signs of labor, including udder development and changes in the ewe's appearance, and discover what potential complications to watch out for, like abortions and metabolic issues.

We also share our philosophy on breeding practices, explaining why we wait to breed replacement ewe lambs until they are fully mature.