Feeder Calf Board Sales
The Mississippi Homeplace Producer Sale and the Cattlemen's Exchange Sales are auctions managed as board sales by marketing cattle while they are not on site. Each lot is represented by video or picture that is shown while that lot sells. The video or picture, along with a full description of each lot, are available to potential buyers and the general public prior to sale day.
The primary advantage of these sales is that they accommodate a large number of feeder calves that might not all be ready to ship on a certain day by giving the flexibility to arrange for future delivery. Another advantage is offering all cattle in load-lots made up of single or multiple consignments of uniform calves. These consignments are received from across the state and loads are assembled with regard to region and type of cattle. Pencil shrinks agreed to for these sales capture several dollars per head that would be lost in some other marketing scenarios. Other advantages include reduced handling and comingling prior to shipping and the ability to establish a reputation that could bring the same buyer year after year, willing to pay more for calves from producers whose cattle have performed well in the past.
Previous Sale Results
2016 Homeplace Producers Feeder Calf Board Sale Results
The 9th annual Homeplace Producers Board Sale was held on August 1, 2016 at the Southeast Mississippi Livestock Auction in Hattiesburg, MS. Beef cattle producers from across the state marketed farm-fresh and assembled stocker cattle in 22 lots. The sale was broadcast live over the Internet by the Mississippi State University Extension Service.
This sale was a collaborative effort among producers, livestock marketers, Extension, Mississippi Farm Bureau Federation, Mississippi Beef Cattle Improvement Association, and the Mississippi Cattlemen’s Association. With this type of auction format, cattle are not present at the sale facility. Video clips and descriptions of each load are posted prior to the sale, and broadcast during the sale for prospective buyers. This type of auction offers both the buyer and the seller flexibility in arranging future delivery dates.
Approximately, 1,365 head of cattle were represented in 22 loads varying in weight, type, and management. The sale generated over $1.3 million in total receipts. The cattle will be loaded at several different Mississippi locations through December 1st.
The ninth annual Mississippi Home-Place Producers Feeder Cattle Board Sale was held at Southeast Mississippi Livestock Exchange in Hattiesburg, MS on Monday, August 1, 2016. 22 lots of cattle sold. Cattle were sold with a 2 percent shrink, unless otherwise noted, and a $0.10 slide. On the mixed lots, heifers sold 10 cents back of the steers.
Feeder Steers: Bulk Medium and Large 1 and 2:
2 pot-loads 800-899 lbs. 138.25-135.75;
6 pot-loads 700-799 lbs. 140.00 to 142.25;
1 pot-load 550 lbs. 154.00;
2 partial pot-loads 700-799 lbs. 134.00-136.00.
Mixed Feeder Steers and Heifers (steer prices listed): Bulk Medium and Large 1 and 2:
3 pot-loads 700-799 lbs. 138.00-141.50;
3 pot-loads 600-699 lbs. 150.75-142.40;
1 partial pot load 600 lbs. 125.00.
Feeder Heifers: Bulk Medium and Large 1 and 2:
1 pot-load 675 lbs. 137.00.
These sales have been successful in bringing together cattle producers and livestock marketers to improve the profitability of both sectors of the beef production chain. Since 2008, more than 27,600 head of cattle in 385 loads have been marketed in these board sales. Together, the receipts from these sales exceeded $24.9 million.
Upcoming Feeder Calf Board Sale Information
Mississippi State University experts see a positive outlook for the state’s beef cattle industry, with prices at profitable levels and herd numbers up.
Agricultural clients met with Mississippi State University personnel to discuss research and education needs during the annual Producer Advisory Council Meeting for the southwest region February 20.
Producers of grass-fed beef cattle will learn the latest recommendations for producing high quality and profitable livestock.
The first shipment of U.S. beef to China in more than 13 years reached its destination in June, and Mississippi cattle producers are beginning to see modest rewards of new market access.
Current cattle prices in Mississippi are up from a year ago. Lightweight cattle are $1.67 per pound, while heavyweight feeder cattle are around $1.35 per pound. A year ago, lightweight cattle were $1.55 per pound, and heavyweight cattle were in the range of $1.17 per pound.
“The cattle market has exhibited strong demand through most of 2017 despite the increased supply of cattle in the U.S.,” said Josh Maples, an agricultural economist with the Mississippi State University Extension Service. “Prices have generally decreased over the past month, which is due to a combination of seasonal factors and the increased supply.”
LUCEDALE, Miss. -- Farmers can learn about free-range livestock rearing and pecan orchard practices during the Aug. 18 Alliance of Sustainable Farms field day.
Sweet Grass Pastures in Lucedale will host the event. Topics include raising pastured poultry, beef and pork using rotational grazing. Attendees will tour the farm’s pecan orchard, and farm owners will demonstrate how to set up a mobile chicken coop and mobile hog fencing.
The people who know Virgil Walker look up to him. The Covington County native is a leader for his church and several local organizations. He loves his wife, his children, and his grandchildren, and he values his way of life.
“It’s just in my blood to walk out and see a cow on my farm,” he says on a humid, late-summer afternoon. “It’s five generations, counting my son’s kids. The one who’s 9 or 10, I gave her a calf, and she wants to come every day to look at it. I believe she’ll be the one to come and live on the farm. It would be rewarding for me. Where I’m living, I’ve been here for 50 years.”