Seller's remorse?

[grassfarmer]

I took in the bred cow section of the sale in Innisfail
today out of interest. I thought the trade was decent
for the cows on offer compared to what I've heard of
late. A dispersal of big Simmi/Angus types were
mostly in the $1300s. One pen weighed 1790lbs after
an overnight stand so they could likely rack up a feed
bill!
Nice black baldie 2-3rd calvers 1330lbs brought
$1290, the slightly older cows in that deal were over
1500lbs and brought $1170.
Some nice young red Angus coming 2nd calvers in
the 1100lb range brought $1150-$1170. 5-6 year
old reds brought around $1200 at $1350lbs.
Most of these were March calvers and they were
generally in really good shape considering the winter
we have had around here. The older end of the
dispersal cows weren't preg checked, just pounded
out.

[Horse]

Went to the sale at westlock today with the neibor he sold alves well at least 73 head gate run str / hfrs averaged $1101 clear he did his own trucking.
Didnt stay to see the cows sell but an wondering if mabey a few more buyers enter the market place with these strong prices.
some 435 strs $217/#
660 strs $168/170/#
lots of 500# real close to $2/
Asked schmit what bly was $2.70 at least it keeps the bins anchored.

[grassfarmer]

I think that is the case Horse - the feeders taking
quite a jump since Christmas seems to be triggering
more enthusiasm.
Looked at the AB cattle price insurance program
today $160 for Sept 1 (900lb) was available for
$15.84. That's relatively cheap downside protection in
my book. A month ago it would have cost $25 to buy
$158 insurance for Sept 1.
A 900lb steer at $160 in September is $1440 and I
know a calf doesn't have to be very big just now to
make 900lbs by September. Looks like there could be
money in grassing cattle even if the 5 weights are
bringing $2/lb just now.