Latest / CattleUSA Daily / 229: Cattle Market Rebound, Record Pairs, and a Beef Checkoff Rant with John Campbell

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229: Cattle Market Rebound, Record Pairs, and a Beef Checkoff Rant with John Campbell · CattleUSA Daily

0:00
In today's market recap episode with John Campbell, we are
0:03
breaking down everything that we have seen in the live cattle
0:06
markets over the past week. John has some really encouraging
0:10
news for everyone as we go into this week of Christmas and as we
0:15
round out and just wrap up everything that we've seen over
0:18
the past week and anything we can kind of anticipate going
0:21
into the next few weeks as well. John also gives some thoughts
0:25
and commentary in relation to Dan's thoughts and commentary
0:30
from last week on his market episode where he talked about
0:34
the beef check off and some of his concerns and thoughts on
0:38
where money is going, what we're seeing, all of those things.
0:41
John gives some just candid commentary on that in today's
0:45
episode as well. Before we hop into today's
0:47
episode, if you're watching on YouTube, make sure you take a
0:50
second to subscribe to our channel and like this episode.
0:53
If you're on any of our other podcast platforms, make sure
0:55
that you're following the show and take a second to go right
0:57
and review it as well. And one thing I wanted to
1:00
introduce to you all as well, if you checked out down in the show
1:03
notes nowadays you're going to see a new link down there that
1:06
is going to be nominate or request to be a guest.
1:09
If there is anyone within the cattle industry that is doing
1:12
some great work, whether that be on their operation in their
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into this podcast and kind of what we stand for and what we
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do. Please head down to the show
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them on a rolling basis and we'll reach out to those people
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as we if you're able to. So whether you know someone that
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you think should be on or whether you would like to be on
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yourself, make sure you check out the show notes down below
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and you can find more information on that.
1:40
And without further ado, let's go ahead and hear from John.
1:47
Welcome to the Cattle USA Daily Podcast, your go to source for
1:51
the latest livestock markets, industry insights and the update
1:54
shaping agriculture today. I'm your host, Lauren Moylan, a
1:57
passionate advocate for agriculture here to keep you
2:00
informed and connected. Now let's dive into today's
2:03
episode. John, welcome back to the
2:12
podcast. You are once again an Oklahoma.
2:16
Instead of asking, how's wonderful life in Colorado?
2:19
How's how's life in Oklahoma? How are the kids?
2:21
How's everything going? Wow.
2:22
It's just, it's just great. You know, I, I married an Okie
2:27
and so, you know, of course she's right at home.
2:30
I don't know. Did I ever tell you when you're
2:32
driving late at night how you can tell when you cross the
2:35
Oklahoma border? The roads get really bad and you
2:38
feel like the roads are going to throw you off the road before
2:41
you're driving does. Is that what you're referring
2:43
to? Because if so.
2:44
No, no. Your kids start fighting, your
2:47
dog starts barking, your wife wants to go to bed and you feel
2:51
like stealing something. Yep, Yep.
2:54
So my wife does, my wife does not the humor in there.
2:58
But anyway, that's that's what I always used as a reference when
3:02
I was courting my wife. I was driving to Oklahoma about,
3:06
you know, right when I crossed the border, things, things start
3:10
to happen. I'm sure she still appreciates
3:12
that every time you guys go. Back to Oklahoma now.
3:15
Right. Right, right, right.
3:18
Geez, Louise. Well, what has happened in the
3:21
markets over the past week? Give us the kind of the update
3:24
and your thoughts on things in Mahana and just things in
3:27
general. Sure last week First off on
3:31
Tuesday 42183 cattle boy it it it was just like they'll never
3:37
be another bad day. I I thought our like kids 30 to
3:41
in spots 50 higher. I can name spots where they were
3:45
$100 a hundred higher. Just a just a complete runaway.
3:50
We had a lot of nice cattle, but we had you know quite a, we had
3:53
4500 a week before. But you know, we had some little
3:58
2 weight cabs up to $7.00 a pound, some 380 lbs steers to $6
4:06
435 at 560. I mean, Lauren, these are prices
4:10
that are getting back pretty darn close to where we were
4:14
before the Big Crunch was on there late October through the
4:18
first part of N5 weight steer cabs, five O 7 1/2, some 610 LB
4:27
black steers here lot up to 428, 7:15 at 379.
4:33
And I'm giving you the outside tops, but they would be
4:36
substantial. I knew we would sell some
4:38
numbers at these levels. A Lotus steers weigh in 835 at
4:43
4th, 343 rather and some big 9 weight cattle at 3:15.
4:49
Over on the heifer side £350 heifers AT5554 weight heifers
4:57
AT5O55 weight black heifers at 432 1/2.
5:03
We had some 6 weight heifers up to 359.
5:06
Here's some 685 LB Angus weaned effers at 342 and some 8 weight
5:13
limb flex effers at 321. Then on Friday, something you
5:19
don't see reported a lot, but we had 31165 head of stock cows,
5:27
bread, Peppers and pears here just just this last Friday.
5:31
I didn't think the market made it extreme highs quite what we
5:35
saw in November, but still a really, really good market on
5:40
these stock cows bulk about you know the highest quality cows
5:45
kind of cabin February to April they would bring from 38 1/2 up
5:50
to 4300 on those three to five year old cows, a solid mouth
5:56
cows cut mostly 3300 up to a top of 4000.
6:01
The older cows I thought two $300 spots, $400.00 higher.
6:07
Everybody's kind of thinking that well, you know, these light
6:10
cabs have rebounded so much that on these short term cows
6:16
thinking that they'll have pretty good property in in that
6:19
first cap crop that comes out of a 2500 up to 3000 on the older
6:25
cows and you know, bred heifer market.
6:29
I was a little disappointed, but still pretty good 3500 to 4000.
6:34
I was, was hoping we'd have a little more 40, some $100 bred
6:39
heifers, but you know the bulk of them kind of 35 like I said
6:44
up to four with a few outstanding.
6:46
We had some $4500 bread effers, but we sure would have sold more
6:51
of them from 35 to 38 then we would have north of of of 4000
6:57
did have some outstanding 2 year old bears.
7:00
There was about 50 or 60 of them from the Graham farms.
7:04
They were actually out of Kansas, had 2 weight fall camps
7:08
on them and there were several drafts of those brought north of
7:13
5005 thousand up to 51 1/2. So nothing to sneeze about.
7:18
That's certainly the highest price pairs that that that we
7:21
have sold. Yeah, absolutely.
7:24
It's encouraging to have a good week for sure.
7:26
How about other markets outside of Lahana?
7:29
What are we seeing? Kind of?
7:30
Across the livestock market a lot last Wednesday, a lot like
7:35
La Hana 31145 cattle, so a pretty good representation out
7:41
of Dodge. 4 weight steers up to 570.
7:44
They had some 485 lbs steers bring 5 and 1/4.
7:49
There's 6 weight cattle similar to ours 424, seven weights at
7:53
376 and had some 8 weight cattle in Dodge City to 359.
7:59
The heifer complex, their best 4 weight heifers brought 580 which
8:05
is just tremendous. 520 LB heifers at 447.
8:10
They did sell some heifers that weighed a little on top of 6 for
8:14
374 and some 720 white cattle at 3:43 Thursday in Pratt, KS on a
8:24
little over 3000 cattle there in Pratt $6.17 on 337 pounders,
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4/10 at 577. Pretty well mirrored what went
8:38
on in La Hauna at Dodge. 5 weight cattle again north of $5
8:42
five O 5. But thing I thought was really
8:45
impressive and would be back to as high as they've ever been.
8:51
Pratt did sell some 615 LB steers 54 and that that would be
8:57
as high as ever recorded. So good to see these markets
9:01
have rebounded pretty much completely.
9:04
The great great big cattle are not there yet.
9:08
I'm I'm optimistic we get back you know, the best 7 weight
9:11
cattle in Pratt brought 387 and they had some 820 LB steers at
9:17
360. If you remember back late
9:21
October, they sold some 8 weight cattle and Pratt for north of
9:24
$4.00. So we've got a ways to go for a
9:28
complete rebound on the feeders. But the by golly, the light
9:32
cattle, we, we put it all back on them.
9:35
So that's, that's good news for producers that I don't see it
9:39
going anywhere but steady to higher.
9:42
We'll we'll just run into a time frame here after the first of
9:46
the year where the light cattle will get harder and harder to
9:49
find a with the condition like you'll life and the grass guys,
9:53
they'll be more and more prevalent as we go along.
9:57
These guys are really scrambling to put these grass cattle
10:00
together. I have had a few guys, you know,
10:03
kind of doing the math and these 6 weight Cal dollar per headwise
10:08
are figuring out about the same as one way and 4:50.
10:12
It's just the difference in where they're going.
10:15
In December, those 6 weight cattle, most of your grass guys
10:20
and your double stock guys to the east think of 600 pounders a
10:24
little too big, so you have to trade them off to the feed lot
10:27
guys. But as we get into January and
10:30
February, you'll see those 6 weight cattle get substantially
10:34
higher because the grass guys will start entertaining one that
10:40
big that they're not doing now. So I, I went for great things
10:45
on, you know, any cattle that have got the right quality and
10:50
condition weighing 6 1/2 really on down from from this this
10:55
point on. I, I think we're in great shape
10:57
and you know, the feeder fed cattle deal holds together
11:01
hopefully just because the supply shorter.
11:04
Why these feeder cattle aren't any explosion, Why I think we're
11:09
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12:01
Cattle. Yeah, it's encouraging to round
12:05
out the year in a positive note and back to kind of where we
12:09
were before everything kind of crapped the bed and back to
12:13
where producers are starting to make some of that money again.
12:16
Did you say? Crap to you.
12:18
I did. I did.
12:20
I would say shit in the bed, but crap the bed is similar.
12:24
You know, John, I'm trying to watch my car scene in the new
12:28
year, all right? I'm trying to be a little bit.
12:33
Better about. It so crap the best.
12:35
Yeah, right, right. I, I, I have not done a very
12:38
good job there. But I, that's what, that's what
12:42
makes me me. And I won't apologize.
12:44
Exactly, exactly, exactly. No use apologizing for it in the
12:50
slightest. I get all the entertainment out
12:52
of it so you know I'm here for it.
12:54
And everyone can laugh at me for saying crap the bed because it
12:57
does sound a little silly, I'll admit that myself.
12:59
So. Well, at your age especially.
13:03
Yeah, that's that's a valid take.
13:04
I don't mean the saying I mean literally.
13:08
But anyway, that's an issue. You know, you've only blamed the
13:12
dog so long. Lord, you know that's something
13:15
you'll just have to take up with your husband to my my wife still
13:18
still doesn't deal with it. Oh, too good, too good.
13:21
Well, John, any other thoughts just on the markets or kind of
13:24
what we've been seeing over the past week?
13:26
Any thoughts as we kind of go forward into the last full week
13:29
of the year as we kind of round out the rest of the year as
13:32
well? Well.
13:33
I wanted to reflect a little bit, kind of like Dan Garholt.
13:38
Is it Garholt? Gearholt.
13:40
Gearholt, Gearholt. I'm sorry, Dan, Dan Gearholt.
13:44
He took his hat off at the last you notice.
13:46
I don't have my hat on and but I thought Dan really made some
13:50
great observations about the beef check off and really spot
13:56
on. And if you haven't listened to
13:57
his podcast, like, you know, he, I mean, he had his flowered
14:02
shirt on and still had his T-shirt.
14:03
I mean, he's still pretty conservative with that.
14:05
That's great. But he, it was hats off and
14:08
gloves on. And, and I thought I, I would
14:12
share with you some of the answers.
14:14
He, he wonder, well, what in the hell are we doing with this
14:16
beach check off money? You know, why aren't we spending
14:20
it buying TV ads and da da, da, da, da.
14:22
And he is 100% right, especially since we kind of have a, you
14:29
know, a political process in place with, you know, our
14:33
secretary of agriculture and Kennedy and Trump that are big
14:36
beef eaters and beef and farm promoters.
14:40
You would think we would direct a little more of the attention
14:43
while we have everybody's on the same page.
14:46
But they do the beef check off one thing to answer where the
14:50
money is going. They do give us these dandy
14:52
buyer cards and they issue all of those that and that.
14:56
I guess that's to help convince cattle buyers to eat beef.
15:00
So you can get some of those. If you come by Winter livestock,
15:03
I can get you a recipe card and a notepad.
15:07
They're also available to help producers take notes and prepare
15:11
the beef that they raise. You know, you're you're short.
15:14
RIP deal. They're probably a recipe in
15:16
there. So really, money well spent
15:19
convincing cattle people to eat beef.
15:22
They have also given 1.2 million to the American Farm Bureau so
15:27
that 100 school districts across the US can learn about cattle
15:31
sustainability and how genetic selection can reduce methane
15:37
production to help the environment and reduce
15:41
greenhouse gas. So we've got that bullshit
15:45
agenda that they're also supporting.
15:47
So that that's, that's great news.
15:49
And it helps kind of strengthen the alliance of the Angus
15:52
Association, who has also partnered with the Bezos Earth
15:57
Fund, who is also partnered with the Walmart vertical
16:00
integration. And, and they also give the NCBA
16:05
of the 38 million that they gathered in last data available
16:10
was in 2024, giving CBA 25,000,000 of the 38 million
16:16
they collected. And everyone pays the dollar
16:21
check off so that we can give it to the NCPA that only represents
16:25
3% of the beef producers in the United States.
16:29
So I am done with my grant and I will put my winter livestock cap
16:34
back on and wish everyone a very, very Merry Christmas and
16:40
warned you and your family as well.
16:42
And I don't know, hopefully we can talk again next week, but if
16:46
we can't, why? Happy New Year and we'll all
16:51
enjoy the holiday. Absolutely.
16:53
I couldn't round it out in a better way.
16:56
John, I, myself and my family are going to be enjoying some
16:59
beef, short ribs and some leg of lamb for our Christmas dinner.
17:03
What are you guys doing in Oklahoma?
17:05
I have to ask. Of course, it's a prime rib and
17:10
my my Thanksgiving was I didn't come out that great, but going
17:14
to do them on the Traeger. But I'm going to sear first and
17:18
then reduce the heat. And so I did it the opposite.
17:22
I made it a little too rare and I got some kind of side eye from
17:27
a lot of the family. But I'm vowing to do better.
17:30
I'm going to do better this time.
17:31
And for what that shit cost you better do better.
17:36
Prime rib is a little too expensive these days to just be
17:39
letting it be something that's just all right for getting so.
17:43
Exactly, exactly. Yeah.
17:45
You got to kind of make every orifice in your body, kind of
17:48
pucker up a little bit when you slap that baby on the counter
17:52
and get the old Visa card out. Yes, absolutely.
17:56
Well, I will admit this to everyone, listening to thousands
18:00
of people that are going to hear this.
18:01
There was one time when we cooked brisket earlier this
18:04
summer for something and my husband and left me in charge of
18:07
it with the trigger. And I have experience on the
18:09
trigger. I feel confident in using the
18:11
trigger. Well, I didn't realize that when
18:13
you are smoking something for so long that you have to check the
18:16
pellets and like replenish the pellets in the trigger.
18:20
And so we were and I was out there with this spray bottle.
18:24
I had the temp gauge like all of this stuff.
18:26
And I called my husband at some point.
18:28
I was doing the Dang thing. Like, he left me detailed
18:30
instructions. In those detailed instructions,
18:33
he may or may not have said to make sure that the trigger
18:36
stayed on. I didn't realize that the
18:38
trigger would run out of pellets and therefore turn off.
18:40
And I had to text him at one point be like, hey, this temp is
18:43
dropping like, pretty rapidly. He's like, is the trigger still
18:46
on? And indeed, I did run out of
18:49
pellets. Indeed, it was a thing.
18:51
It was a whole ordeal. Was able to get the temp back up
18:54
and finish cooking the brisket. It still turned out great,
18:57
thankfully. But Lauren's trigger
19:00
responsibilities have been relinquished.
19:02
And luckily, my husband will. Yeah, I'm out.
19:04
I'm out cooking some steaks or something that doesn't need to
19:07
be on the trigger all day. I'm out and luckily for this
19:10
extravaganza that we are doing with the beef short ribs and the
19:12
lamb, they get to cook at the same temperature.
19:15
Thank the Lord on that. There you go.
19:17
They are in my husband's hands fully and completely on on this
19:22
endeavor that we are going on this weekend.
19:25
So I I will be in the kitchen. I will be doing the pies and the
19:29
sides and the everything else like that.
19:31
And he can man the trigger, so. Oh boy, that that's got to be
19:34
reassuring to your the rest of your extended family.
19:38
Yes, I, I think that they are very excited for our main dishes
19:42
that we are going to be having because I am not in charge of
19:45
the trigger this time. So we're all golden there.
19:47
If any of them are listening, Christmas dinner is safe, don't
19:51
you worry. Good deal, it's in good hand.
19:54
It is. It's in very good hands.
19:56
So well, John, thank you for your time today.
19:59
Thank you for the market update, your commentary, your thoughts,
20:01
all the things to all of our listeners out there, have a very
20:04
Merry Christmas. We hope that you guys are able
20:06
to spend some time with your family.
20:08
They're able to sit down and eat some beef and enjoy the season
20:12
and just the reason for it as well.
20:14
So John, thank you for your time to all of our listeners.
20:16
We will see you all next time on another.
20:19
Episode Merry Christmas everyone.
20:21
Same to you, Lord. Bye.
20:22
Thank you. Merry Christmas everyone.