Tag Archives: sheep

The sheep and goat market in the Midwest  for the week of January 15th was steady with higher undertones in most sales. The broader commodity sector received a lot of data this week and felt more volatility than recent weeks. Even with the volatility corn and soybean moved to highs not seen in 7 years. This put pressure on all livestock early on with concerns of continuing higher feed prices. Cattle and hog futures turned around at the end of the week as traders took profit in the futures market. There will be no futures trade on Monday in observation on Martin Luther King Jr. Day.

The biggest piece of data out on the week was the WASDE report. Sheep and goats are not specially listed in the report, but in general USDA does expect red production to taper off in 2021. Pork production is expected to see a slight increase, but lower beef, chicken and lamb will offset the increase.

Currently there are no major ethnic holidays that call for sheep or goats. Passover/Pesach is coming up March 27-April 4. Easter is April 4th and Ramadan Month of Fasting is April 12-May 11.

Weekly sheep and lamb slaughter under USDA inspection is estimated to be 36,000 head. That is a 1,000 more than the previous week and even with year ago levels. Year to date sheep and lamb slaughter under USDA inspection is 71,000 head, 18,000 less than the in 2020.

Weekly lamb/mutton production is estimated to be 2.2 million pounds. That is even with last week and 300,000 lbs less or 12.5% less than last year. Year to date lamb and mutton production is 4.5 million pounds. 900,000 lbs less than year ago levels.

As for inputs the Kansas and Nebraska hay market reports showed steady to slightly higher hay movement with mostly steady prices. Nebraska reported quality alfalfa in the Panhandle increased $10/ton. Kansas noted that premium alfalfa is starting to become tough to find and warrants higher prices.

Sale Reports for the week of  1/15

Tue Jan 12 Producers Livestock San Angelo Texas sold 2,608 head this week compared to 3,405 last week and 7,810 a year ago. The supply in San Angelo was shortened due to a recent snow in the area that brought needed moisture. Compared to last week slaughter lambs 10.00-20.00 higher. Slaughter ewes steady. Feeder lambs not well tested. Nannies 10.00 higher; kids 10.00-15.00 higher. Highlighted quotes from the sale include; 75-85 pound slaughter lambs brought $320-$338/cwt; 130-165 pound slaughter lambs brought $150-$185/cwt; hair breed slaughter lambs weighing 50-70 pounds$340-$368/cwt; hair breed slaughter lambs weighing 80-100 pounds brought $256-$338/cwt; feeder goats weighing 36 pounds brought $360-$384/cwt; slaughter goats 70-90 pounds brought $275-$358/cwt; wethers 100-160 pounds brought $208-$245/cwt.

Wed Jan 13 Centennial Livestock Fort Collins Colorado sold 1,375 head compared to 1,459 last week and 1,767 a year ago. Compared to last week: Feeder lambs and Slaughter lambs had no comparable test. Slaughter bucks and ewes traded steady. Slaughter kids
traded 2.00-3.00 higher. Slaughter nannies sold mostly steady. Slaughter bucks and wethers traded steady. Highlighted quotes from the sale; feeder lambs 60-90 pounds brought $270-$355/cwt; Slaughter lambs weighing 100-115 pounds brought $215-$240; hair breed slaughter lambs were light in number, but 85-95 pounds brought $275; slaughter goats brought weighing 40-70 pounds brought $130-$245/cwt with higher prices being paid for the heavier kids; wethers weighing 100-150 pounds brought $290-$375/cwt.

Wednesday Jan 13 Kalona Iowa sold 1,519 head compared to 729 last week and none a year ago. The sale was noted as having good demand with strong demand for larger packages. Compared to last Wednesday slaughter lambs firm, slaughter ewes and slaughter bucks mostly steady. Slaughter kids 15.00-20.00 higher, slaughter nannies 20.00-40.00 higher, slaughter billies 15.00 lower. Highlighted quotes; slaughter lambs weighing 60-90 pounds $260-$332.50/cwt; hair breed slaughter report 50-75 pounds brought $277.50-$354/cwt; slaughter goats 50-70 pounds $180-$245/cwt; wethers 110-145 pounds brought $$285-$330.

Monday Jan 11 Hamilton Commission Company Hamilton Texas sold 614 head compared to 1,217 head last week. Dorper lambs were steady to $10 higher on heavier lambs, wool lambs were steady to $10 higher on heavier lambs, barbado lambs were steady to $10 higher on heavier lambs, ewes were steady, kids were steady to $10 higher on heavier kids, nannies were steady. Highlighted quotes from Hamilton Commission Company; dorper and dorper cross lambs weighing 40-70 pounds brought $300-$345 cwt, wool lambs weighing 40-70 pounds brought $285-$315/cwt; feeder kids 20-40 pounds brought $285-$350/cwt; slaughter kids 40-70 pounds $240-$355/cwt.

Colby Livestock Colby Kansas had not published their weekly sales report yet at the time of this writing. I talked with the barn manager Leeland Wilson and he noted the market to be steady with higher undertones on certain classes. We will try to post their prices as soon as they become available.

Verdigre Stockyards Verdigre Nebraska had not posted their sale prices from their sheep and goat sale earlier in the week. Due to the cattle sale on Friday they were unable to give comment on the market condition or direction. We will try to post their prices as soon as they become available.

Links to sale reports

Producers Livestock

https://mymarketnews.ams.usda.gov/filerepo/sites/default/files/2014/2021-01-12/406641/ams_2014_00080.pdf

Centennial Livestock

https://mymarketnews.ams.usda.gov/filerepo/sites/default/files/1899/2021-01-13/407054/ams_1899_00083.pdf

Kalona

https://mymarketnews.ams.usda.gov/filerepo/sites/default/files/2153/2021-01-13/407123/ams_2153_00052.pdf

Hamilton Commission Company

http://www.hamiltoncommissioncompany.com/wp-content/uploads/2010/12/1.11.21-sg-sale.pdf

 

Clay Patton audio report:

 

The first week of 2021 sheep and goat cash prices seemed to follow the broader commodity sector with higher prices. The regular USDA reporting sales showed significant volume of sheep and goats from the lighter December sales. Seasonally early in the year is a higher market for sheep and goats. Sheep and goats are still susceptible to the same market influences as other livestock markets. Higher feed costs will not go unnoticed, but long term this is likely to be beneficial to prices as producers will market lighter weights with little incentive to feed to heavier weights. Both Kansas and Nebraska weekly USDA hay reports showed decent movement of hay in the first week of the new year. Nebraska prices were steady with prices in December. Kansas noted a steady market on all, but alfalfa which saw a higher undertone on all classes. Currently there are no major ethnic holidays that call for sheep or goats. Passover/Pesach is coming up March 27-April 4. Easter is April 4th and Ramadan Month of Fasting is April 12-May 11.

Weekly sheep slaughter under federal inspection totaled 35,000 head on Friday. That was 1,000 head lighter than the same week the year prior. Lamb/mutton production under federal inspection for the week ending 1/8 totaled 2.2 million pounds. That was up 15.8% or 300,000 pounds from the previous week. Weekly lamb and mutton production was 8.3% or 200,000 pounds under the same week a year ago.

Sales Recap for week ending 1/8/2021:

Hamilton Commission Company in Hamilton Texas sold 1,217 head on Monday 1/4. They note the market was on fire to start the new year with buyers eager to get back in the seats. Hamilton called the  market $5-$10 higher for all species and livestock. Dorper and dorper cross lambs weighing 40-70 pounds brought $285-$350/cwt. Slaughter kids weighing 40-70 lbs brought $275-$360/cwt. Slaughter nannies in medium condition brought $130-$175/hd. Replacement quality nannies brought $180-$300/hd

Pawnee Oklahoma sheep and goat sale had 314 receipts for their Thursday 1/7 sale. Slaughter sheep/lambs and goats made up 90% of the sale. Wooled and shorn lambs weighing 115-130 pounds brought $171-$192.50/cwt. Good condition ewes were weighed up and brought $102-$113/cwt. Slaughter goats weighing 50-55 lbs brought $345-$392.50. Nannies in good conditions weighing 125-160 pounds brought $151-$190/cwt.

Producers Livestock San Angelo Texas saw a run of 3,405 head Wednesday 1/6. That compared to their last sale in mid December of 8,812 head. A year ago the sale ran 6,631 head through the ring. Given the time between sale dates a full market comparison wasn’t available, but trading was active and all classes of sheep and goats had a sharply higher undertone. Choice wooled and shorn slaughter lambs weighing 80-95 pounds brought $250-$272/cwt. Heavier choice lambs weighing 105-145 pounds brought between $140-$190/cwt. Choice hair breed slaughter lambs weighing 50-70 pounds brought $320-$358/cwt. Utility ewes in San Angelo brought $106-$130/cwt. Bucks were lightly tested, but brought $107-$116/cwt. Hair bucks brought $110-$162/cwt. Feeder goats were hard to come by in San Angelo, but a lot of 18 head that weighed 35 pounds brought $369/cwt. Slaughter kids weighing 40-60 pounds brought $328-$396/cwt. Heavy weight kids 80-110 pounds brought $270-$285/cwt. Nannies in good condition weighing 120-165 pounds brought $154-$202/cwt. Mature bucks weighing 120-170 pounds brought $200-$250/cwt.

Centennial Livestock Fort Collins Colorado sold 1,459 head on Wednesday 1/6. that was nearly 400 head more than their last 2020 sale on 12/15 and 311 head lighter than the sale the same week last year. Fort Collins saw a strong return of buyer demand coming off of 2 weeks of holidays. Feeder lambs weighting 75 pounds brought $262.5-$287.50/cwt. Wooled and shorn slaughter lambs weighing 90-135 pounds brought $200-$250/cwt. Hair breed slaughter lambs weighing 80-105 pounds brought $222.50-$270/cwt. Ewes in good condition weighing 140-170 pounds brought $82.50-$135/cwt (heavier ewes brought the bigger money). Light rams weighing 130-135 pounds brought $142.50-$165/cwt. Heavier rams weighing 185-330 pounds brought $85-$155/cwt. Slaughter kids weighing 50-65 pounds brought $165-$232. Wether weighing 100-145 pounds brought $280-$345/cwt. A few wethers weighing 170 brought $405/cwt. Does in good condition 85-120 pounds brought $195-$210/cwt.

Kalona Iowa sheep and goat sale featured 729 head on Wednesday 1/6. Again no comparison given their last sale was 12/16. Trade was active though with strong buying demand for sheep and goats. Slaughter lambs weighing 80-135 pounds brought $188-$277.50/cwt. Hair breed slaughter lambs weighing 60-90pounds brought $240-$327.50/cwt. Slaughter kids weighing 55-70 pounds brought $165-$220/cwt. Wethers weighing  60-80 pounds brought $200-$240/cwt on limited numbers. 3 wethers weighing 137 brought $283/cwt.

Clay Patton recaps the report here:

 

Links to the report:

Producer’s San Angelo TX

https://mymarketnews.ams.usda.gov/filerepo/sites/default/files/2014/2021-01-05/404455/ams_2014_00079.pdf

Centennial Livestock Fort Collins CO

https://mymarketnews.ams.usda.gov/filerepo/sites/default/files/1899/2021-01-06/404419/ams_1899_00082.pdf

Kalona IA

https://mymarketnews.ams.usda.gov/filerepo/sites/default/files/2153/2021-01-06/404391/ams_2153_00051.pdf

Pawnee OK

https://mymarketnews.ams.usda.gov/filerepo/sites/default/files/1826/2021-01-07/405084/ams_1826_00041.pdf

Hamilton Commission Company Hamilton TX

http://www.hamiltoncommissioncompany.com/wp-content/uploads/2010/12/1.4.21-sg-sale.pdf