What does a show steer cost?
With 1,200 steers counted in 90 sales I’m going to say we’re close enough to an end point for the 2012 spring steer sale season to do a “what does a show steer cost” post. As far as I know, this is the only legitimate attempt anywhere to answer that question.
So, based on just under $14 million dollars of steers sold in just under 4,500 individual lots in both online and offline sales over the past two years…
|Season||Fall 2010||Spring 2011||Fall 2011||Spring 2012|
If you look at the median prices, they’re pretty much constant with ‘southern’ steers selling for $250/hd more. The prices above the median are all fluctuating within a range with no real outliers.
What goes against what everyone seems to think is the lower end steers. I’ve lost count of how many people have told me that the market for the higher end steers will remain strong or get stronger but the bottom will fall out on those sub-$2,000 steers. Those steers are holding strong and steadily moving up. The higher feeder calf prices are also reflected in that 10th percentile.
The only trend is that Heat Wave and Monopoly continue to sire a crap load of calves. Heat Wave has had anywhere between 7.1% and 13.8% of each crop and Monopoly has bounced between 7.7% and 10.6%.
The only other bull that came close to those two was Walks Alone which sired 6.9% of the 2011 fall steer sale crop.
- By Jeff