Packer Lambs Steady To Mostly Lower
San Angelo slaughter lamb prices were $10-20 lower this week, feeder lambs steady. Goldthwaite wool lambs were $5 lower, light Dorper and Bar- bado lambs $5-10 lower, and medium and heavy hair lambs steady to $5 lower. Hamilton lambs sold steady. Fredericks- burg lambs were $5 lower. VOL. 70 - NO. 11 SAN ANGELO, TEXAS THURSDAY, MARCH 22, 2018 LIVESTOCKWEEKLY.COM $35 PER YEAR Lamb and mutton meat production for the week end- ing March 16 totaled three million pounds on a slaugh- ter count of 40,000 head compared with the previous week’s totals of 3.1 million pounds and 42,000 head. Imported lamb and mutton for the week ending March 10 totaled 2553 metric tons or approximately 5.63 million pounds, equal to 182 percent of domestic production for the same period. San Angelo’s feeder lamb market had medium and large 1-2 newcrop lambs weighing 40-60 pounds at $200-206, 60-90 pounds $192-218, 80- 100 pounds $192-218, oldcrop 60-90 pounds $184-196, and 100-105 pounds $166-172. Fredericksburg No. 1 wool lamb weighing 40-60 pounds were $200-240 and 60-80 pounds $200-230. Hamil- ton Dorper and Dorper cross lambs weighing 20-40 pounds sold for $180-260. Direct trade on feeder lambs last week was limited to Colo- rado, where 400 head weighing SOCIAL WARRIORS may take offense, but males-only 125-135 pounds brought $168. enclaves are still common in the livestock business. San Angelo choice 2-3 Whether bucks, bulls or billies, the Old Boys’ clubs are slaughter lambs weighing Range Sales a fi xture much of the year, giving way only during breed- 110-170 pounds brought ing season, itself a highly non-PC concept. These bucks $140-150, choice and prime 1-2 40-60 pounds $204-219, Mid-Tex Cattle Co., Se- weighing 580 at $139 to the 750 pounds at $135.15 for were pictured in Schleicher County. 60-70 pounds $200-212, 70- guin, Texas, sold on an f.o.b. Seymour area last week; and August delivery; for July 500 80 pounds $197-210, 80-90 basis locally a deck of No. 1½ a half-load of fancy heifers, similar steers to weigh 750 at pounds $190-208, 90-110 steers and bulls weighing 875 all one raising, weighing 830 the same price; for May 1134 Slaughter Meat Goats Steady pounds $180-194, choice 1-2 pounds at $117 and the heifer at $115 to a buyer near Bowie. heifers to weigh 700-725 at 40-60 pounds $190-208, 60- mates weighing 753 at $110; USDA reports 510 head of $130.75-131.15; for April To Off In Most Recent Trade 70 pounds $180-200, 70- to a New Mexico buyer two feeder cattle selling direct off 134 heifers to weigh 725n at 80 pounds $170-196, 80-90 loads of No. 1½ steers and Colorado range, all for cur- $130.25; for current delivery Slaughter meat goat prices billies $100-150 cwt. pounds $170-190, 90-110 bulls weighing 420 at $183 393 steers weighing 750-775 pounds $150-176, good 1 rent delivery, including 230 were steady to lower in most Fredericksburg on Tuesday delivered; on a delivered basis medium and large No. 1 steers at $132.82-141 210 heifers recent trading. Fredericksburg reported selection 1 20-40 50-60 pounds $180-190, and to the Panhandle, a load No. weighing 700 at $130.25. 60-70 pounds $150-170. Gold- weighing 600-625 pounds and Goldthwaite were steady, pound kids at $250-350, 40-60 thwaite wool lambs weighing 1½-2 Okie cross heifer year- at $149-159 delivered, 130 USDA reports 5797 head pounds $250-315 and 60-80 lings weighing 577 at $140; Hamilton $10 lower, San Angelo 50-70 pounds made $190-225, similar heifers weighing 770 at of feeder cattle selling direct $5-10 lower, plainer kinds as pounds $230-306, muttons a load of No. 1-1½ heifers $134.68 f.o.b., and 90 heifers 70-90 pounds $160-215, 90- in Oklahoma, all f.o.b. ba- much as $10-15 lower, and New $190-255. Nannies were $80- 110 pounds $145-190, Dor- weighing 530 at $170, and a weighing 700 at $140.27 f.o.b. sis, including 615 medium Holland, Pennsylvania mostly 140, billies $130-175. per and Dorper cross lambs deck of similar cattle weighing and large No. 1 heifers to At San Angelo Tuesday, 412 at $161. Southeast direct feeder cat- steady to $10 lower per head. 40-60 pounds $200-240, 60- tle trade as reported by USDA weigh 700 pounds at $137.75- selection 1 kids weighing 40- 75 pounds $200-230, 75-90 4L Cattle Co, San Angelo, totaled 3000 head, all f.o.b. 141 for July delivery; for Goat slaughter under federal 60 pounds brought $276-290, pounds $170-225, Barbado sold on a delivered basis two basis, including 500 medium May 1250 similar steers to inspection the week ending 60-80 pounds $280-296 and and Barbado cross lambs 35- loads of No. 1½ Okie heifers and large No. 1 steers to weigh weigh 775 at $144.75 and March 3 totaled 8566 head. 50 pounds $180-230, 50-70 80-90 pounds $232-240, selec- 950 heifers to weigh 725 at Goat meat imports for the week tion 1-2 40-60 pounds $248- pounds $170-225, and 70-90 $134.75; for current deliv- pounds $140-190. Hamilton ending March 10 totaled 302 276, 60-80 pounds $250-281 Moderate Fed Cattle Trade Seen ery 1284 steers weighing metric tons, all from Australia. and 80-100 pounds $184-210. Dorper and Dorper cross lambs 850-871 at $131-134, 300 weighing 40-70 pounds were At Goldthwaite on Thursday, Selection 1-2 nannies 80-130 $180-260, over 70 pounds Tuesday At $126, Off By A Dollar steers weighing 625 at $164, selection 1 kids weighing 30- pounds made $128-142, 130- $140-240, wool lambs over 70 260 steers weighing 750-775 160 pounds $110-126 and at $139.75-146, 596 steers 45 pounds brought $250-310, pounds $120-150, show lambs Panhandle fed cattle trade lower, heifer calves under 500 45-60 pounds $250-300, 60-70 thin 70-120 pounds $100-128, $125-140, and Barbado lambs weighing 825 at $135.50-139, kicked off Tuesday at $126 on a pounds steady, and yearlings 210 heifers weighing 650 at pounds $220-290, and 70-90 selection 1-2 billies 70-100 $140-220. Fredericksburg couple of thousand head, giving $2-4 lower. At La Junta, Colo., pounds $130-160, 100-150 slaughter lambs weighing 45- $138, 204 heifers weighing pounds $160-240. Lightweight up the dollar the market added 1992 head were $5-8 lower on 735 at $132, and 128 heifers nannies were $110-160, heavy pounds $130-160 and 150-250 80 pounds sold for $210-255, pounds $118-138. 90-140 pounds $125-180, last week. Asking prices by weights under 700 pounds and weighing 769 at $128. $110-140 and thin $60-90, Barbado lambs $160-220, Wednesday were $128 or better. $2-3 lower on heavier kinds. Wednesday’s Fed Cattle Tulsa, Okla. offered 1856 head Kansas direct feeder cattle lightweight billies $140-200 FUTURES TRADE Dorper cross lambs 40-60 trade by USDA count to- and heavy $130-160. Exchange drew only 166 head and called steers $7-10 lower, CHICAGO — (CME) — pounds $205-255, and 60-80 taled 1235 head, including New Holland, Penn., selling pounds $200-245. New Hol- in two Kansas lots. A pen of heifers $4-8 lower. Beef futures trading on the steers sold for $125 and one In Texas, 1066 head at Three 98 medium and large No. 1 by the head Monday, quot- land, Pennsylvania, choice and steers to weigh 750 pounds at Chicago Board of Trade at the prime 2-3 lambs weighing 90- of heifers at $126. Rivers were $2-6 lower, about ed selection 1 kids of 20- close on Tuesday and at press The Texas Cattle Feeders As- 1000 head at Gonzales Satur- $149.52 f.o.b. for May deliv- 110 pounds were $210-247, 40 pounds $125-155, 40-60 time on Wednesday. 110-130 pounds $190-230, sociation counted 11,026 head day were $1-2 lower, and 805 ery; for current delivery 149 pounds $150-190 and 60-80 similar heifers weighing 660 Live Cattle 130-150 pounds $175-192, on area showlists, down 289 head at Amarillo $3-5 lower. pounds $175-235, selection 2 150-200 pounds $165-182, head from last week. Formulas Crockett called 846 head most- at $156 delivered, 604 heif- Wed. Tue. ers weighing 768 at $145.25 20-40 pounds $95-135, 40-60 Apr. 118.45 119.58 choice 1-2 40-50 pounds $250- were off 1158 head at 60,502. ly $3-7 lower, plainer sorts to pounds $125-155 and 60-80 275, 50-60 pounds $235-270, Direct trade elsewhere mir- $7-10 lower, and Graham’s delivered, and 175 heifers June 108.03 109.00 60-70 pounds $225-255, 70- rored that of Texas on the live 1364 head were steady to weighing 825 at $136. pounds $165-200. Selection Aug. 105.98 106.70 80 pounds $220-255, 80-90 side and stood at mostly $203 $4 lower on 600 pounds and New Mexico direct feeder 1 nannies 130-180 pounds Oct. 109.03 109.45 pounds $210-245, choice 2-3 in dressed areas, as per DTN. lighter, steady to $5 lower on cattle trade as reported by brought $200-220, selection 2 Dec. 112.53 113.10 90-110 pounds $210-220, 110- Asking prices at midweek heavier weights. USDA came to 5900 head, all 80-130 pounds $145-175 and Feb. 114.13 114.95 130 pounds $160-200, and were $128 live and $205-plus Oklahoma City receipts f.o.b. basis, including, for cur- 130-180 pounds $180-195, 130-150 pounds $155-172. April 114.38 115.03 dressed. Midwest fed cattle were 6865 head, the market rent delivery 416 medium and selection 2 billies 100-150 June 108.80 109.05 Slaughter lambs selling large No. 1 steers weighing direct included 2200 head auctions paid $115-126.50, $3-6 lower on feeder steers pounds $185-220 and selection Aug. ------107.63 weighing 139-170 pounds that strictly choice to $132.75. and heifers and $4-10 lower on 800-825 pounds at $134.50- 3 80-100 pounds $130-165. Feeder Cattle brought $126.89-151. Stocker and feeder cattle stocker cattle and calves. Best 140, 115 similar steers weigh- Also on Monday, Ham- prices, with few excep- 300-400 pound steer calves ing 850 at $137, 262 such Mar. 137.68 137.78 San Angelo good 2-3 slaugh- ilton kids weighing 20-40 Apr. 137.65 137.45 ter ewes sold for $64-72, util- tions, trended lower in brought $191-195, 400-500 heifers weighing 750-775 early-week trading. pounds $179-195, 500-600 at $127-132 and 240 heifers pounds earned $180-260, 40- May 138.25 138.25 ity 1-2 $70-78, cull and utility 70 pounds $180-260 and over 1-2 $56-66, and cull $40-55. Joplin, Mo. offered 6712 head pounds $164-178, 600-700 weighing 800 at $125.75; for Aug. 143.43 143.63 Hamilton slaughter ewes made and sold steer calves over 450 pounds $151-165.50, 700-800 April delivery 3000 medium 70 pounds $160-210, show Sept. 144.65 145.08 $80-100. Goldthwaite ewes pounds and heifer calves over pounds $135-154.50, 800-900 and large 1-2 steers to weigh kids $170-240. Thin nannies Oct. 145.08 145.38 brought $50-105. Fredericks- 500 pounds $3-8 lower, steer pounds $125.75-139, and 900- 500 at $161 and 1500 heifer were $40-60 per head, medium Nov. 145.10 145.38 burg ewes were $60-105. calves under 450 pounds $10 1000 pounds $118.50-124. mates to weigh 450 at $153. $75-100 and fl eshy $125-200, Jan. 145.90 141.43 Page 2 Livestock Weekly March 22, 2018 Replacement goats: kids, No. 1 208 pounds $216, selection 1 30-40 pounds 300-400 pounds $204-210, Most Angelo Kid Goat 218, 80-100 pounds $192- $280-284; selection 1-2 25- 400-500 pounds $190-196, 218, oldcrop 60-90 pounds 40 pounds $255-275; selection 500-600 pounds $172-181, Prices $5-10 Lower $184-196, 100-105 pounds 2 25-40 pounds $200-250; 600-700 pounds $163-173, SAN ANGELO — (USDA) $166-172; ewes, medium and nannies, selection 1-2 60-115 708 pounds $138; medium and — Slaughter lambs were $10- large 1-2 mixed age hair ewes pounds $144-170. large No. 1-2 283 pounds $196, 20 lower Tuesday, feeder 80-130 pounds $88-120. Slaughter goats: kids, selec- 300-400 pounds $188-196, 400- lambs steady, slaughter ewes Slaughter sheep: lambs, tion 1 40-60 pounds $276-290, 500 pounds $185-189, 500-600 weak to $4 lower, kid goats $5- choice 2-3 110-170 pounds 60-80 pounds $280-296, 80-90 pounds $154-166, 600-700 10 lower to instances $10-15 $140-150; choice and prime pounds $232-240; selection pounds $142-151, 700-750 lower on plainer kids, nannies 1-2 40-60 pounds $204-219, 1-2 40-60 pounds $248-276, pounds $135, 810 pounds $134. steady. Sheep and goat receipts 60-70 pounds $200-212, 70-80 60-80 pounds $250-281, 80- Heifers: medium and large totaled 5200 head. pounds $197-210, 80-90 pounds 100 pounds $184-210; selec- No. 1 260 pounds $212, 300- Steer and heifer calves $190-208, 90-110 pounds $180- tion 2 40-60 pounds $200-245, 400 pounds $178-184, 403 and yearlings were $1 lower 194; choice 1-2 40-60 pounds 60-80 pounds $220-240, 80-110 pounds $168, 500-600 pounds Thursday, slaughter cows and $190-208, 60-70 pounds $180- pounds $160-180; nannies, $144-159, 718 pounds $128; bulls fully $4-6 lower, stocker 200, 70-80 pounds $170-196, selection 1-2 80-130 pounds medium and large No. 1-2 80-90 pounds $170-190, 90- $128-142, 130-160 pounds 200-250 pounds $180-192, cows and pairs fi rm to mod- “Sumthin’s jist plumb wrong about an outfi t erately higher. Cattle receipts 110 pounds $150-176; good 1 $110-126, thin 70-120 pounds 400-500 pounds $156-160, totaled 1350 head. 50-60 pounds $180-190, 60-70 $100-128; billies, selection 1-2 500-600 pounds $136-143, where you raise beef an’ eat pork!” Replacement sheep: feeder pounds $150-170; ewes, good 70-100 pounds $130-160, 100- 600-700 pounds $131-142, 700-800 pounds $120-125. lambs, medium and large 1-2 2-3 $64-72, utility 1-2 $70-78, 150 pounds $130-160, 150-250 93 pounds $216; six wooled 12 bulls, 335 pounds $204; 10 Slaughter cows: breakers lambs, 87 pounds $218; TCCA heifers, 312 pounds $184; Currie newcrop lambs 40-60 pounds cull and utility 1-2 $56-66, cull pounds $118-138. $40-55; bucks $70-90. Steers: medium and large 1200-1650 pounds $54-65, Partners, Del Rio, 63 wooled Jones, Christoval, 13 steers, 533 $200-206, 60-90 pounds $192- boners 950-1475 pounds $64- lambs, 64 pounds $204; Doug pounds $181. 68, high dressing $74-77, lean Phillips, Mason, 33 wooled 850-1400 pounds $60-67.50, lambs, 97 pounds $192; Cory Illegal Game Trade low dressing $58-61, 600-900 Ross, Bertram, 19 hair lambs, pounds low dressing $45-56; 49 pounds $219; Ross Whit- Targeted By TPWD bulls, yield grade 1 1500-2000 ten, Eldorado, 20 hair lambs, DALLAS — (TPWD) — pounds $78-86, low dressing 73 pounds $210; Rick Hoel- In a “Wild Web” crackdown 1150-1600 pounds $75-78. scher, Ballinger, 12 hair lambs, conducted recently in the Me- PRODUCERS troplex, Texas game wardens Replacement cows: bred 64 pounds $218; Steve Jansa, cows, medium and large No. 1 Vancourt, 13 hair lambs, 62 made multiple criminal cases LIVESTOCK AUCTION COMPANY heavy bred heifers $1225 per pounds $210; Moores Ranch, against individuals attempting head, solidmouth $1350-1575, Eldorado, 24 hair lambs, 65 to make online sales of vari- Over 60 Years Serving The Nation’s Livestock Sellers And Buyers medium and large No. 1-2 pounds $210; Joe Collins, ous threatened and protected A Full Service Market 24 Hours — 365 Days A Year heavy bred solidmouth $1000- San Angelo, 25 hair lambs, 82 wildlife species, as well as 1300, medium and large No. 2 pounds $202; Sherry Schell- state and federally regulated 1131 North Bell Street • San Angelo, Texas 76903 $850-1000; cow-calf pairs, all hase, Paint Rock, 10 hair natural resources. with calves 150-350 pounds, lambs, 60 pounds $212; Mary Navigating through Internet 325/653-3371 medium and large No. 1 ba- Deaton, Ozona, 11 hair lambs, forums and online market- bytooth cows $1550-1750 per 42 pounds $216. places where trade in both live wildlife and wildlife parts are pair, set three-in-one $1900, Goats: Greg McVey, New known to occur, wardens were SPECIAL SHEEP and GOAT solidmouth $1450-1675, me- Mexico, eight kid goats, 61 able to negotiate undercover dium and large No. 1-2 baby- pounds $290; Buchholz Ranch, transactions with willing sell- tooth $1200-1300, solidmouth Eldorado, five kid goats, 61 ers to purchase things like a $1125-1250, short-solid $900- pounds $292; Triangle Bar taxidermied great blue heron, REPLACEMENT SALE 1200, medium and large No. 2 Ranch, San Angelo, 31 kid goats, raptor talons, American alliga- $900-1000; open heifers, me- 63 pounds $294; 12 kid goats, tor heads, and live box turtles. Saturday, MARCH 24 dium and large No. 1 810-950 68 pounds $296; Rocking Chair “The illegal sale and exploi- pounds $925-935; stocker and Ranch, Menard, 51 kid goats, tation of wildlife resources is Starts: 10 A.M. feeder cows, medium and large 60 pounds $281. a global problem that has a No. 1-2 young cows 800-1000 Cattle: Randy Halfmann, Gar- direct negative effect on the — 3000 HEAD CONSIGNED — pounds $94-112 cwt., young den City, four cow-calf pairs, State of Texas and could lead Hair Sheep Females • Rambouilllet Females • 300 Mostly Boer/Spanish Cross Nannies and middleaged cows 800- $1900; Cargile Cattle Co., San to the loss of Texas native 1100 pounds $85-96, middle- Angelo, nine pairs, $1750; 14 species, either through the Over 100 Hair Bucks • And Both Spanish And Boer Billies aged cows 900-1450 pounds bred cows, $1575; Clay Warnock, harvest of native species or in- $68-74, thin and/or aged cows Fort Stockton, two pairs, $1675; troduction of non-indigenous Buyers must register before Saturday • Call Mike: 325-653-3371 800-1300 pounds $62-68. Rico Forlano, Eldorado, steer, invasive species,” said Col. Detailed Listing At: www.producersandcargile.com Representative sales: 340 pounds $214; Lisa Brown, Grahame Jones, Law Enforce- Sheep: Nancy Haechten, Menard, two steers, 348 pounds ment Director with the Texas Rowena, 13 wooled lambs, $208; Alan Curry, San Angelo, Parks and Wildlife Depart- ment. “Wildlife trafficking online is a major problem, and SPECIAL LAMB SPECIAL Cornelio A. Soto Jr. we want to send a message June 15, 1943 — March 17, 2018 loud and clear that it will not Tuesday, MARCH 27 Knickerbocker, Texas be tolerated.” Lambs Start Selling At 11:00 A.M. During the operation, game Cornelio Armendarez Soto Jr. from Knickerbocker, wardens conducted 20 cases Texas was born in San Angelo on June 15, 1943. using online searches and He lived all his life in Knickerbocker, Texas. He had mobile apps to uncover illegal a great love for his family and his horses. He loved his nephews and items for sale. The investiga- SPECIAL COW SALE nieces as if they were his own children. His love in life was being on tions netted numerous seizures horseback and working with livestock. He loved to teach his nephews of wildlife resources, and Thursday, APRIL 19 and nieces to ride horses and to care for them. resulted in issuance of 18 cita- tions and 18 warnings. In Conjunction With Our Regular Sale He was drafted by the U.S. Army, where he served in the Vietnam War. He received the Silver Star, Air Medal, Army Good Conduct ® Medal (1st Award), Vietnam Service Medal with four bronze service Livestock Weekly stars, Republic of Vietnam Gallantry Cross with Palm Unit Citation (ISSN 0162-5057), USPS 676-280 SPECIAL CALF SALE (2nd Award), Republic of Vietnam Civil Actions Honor Medal First San Angelo, Texas Class Unit Citation, Combat Infantryman Badge, Parachutist Badge, (325) 949-4611 Sharpshooter Marksmanship Qualifi cation Badge with Rifl e Bar (M- (800) 284-5268 Thursday, APRIL 26 14), Sharpshooter Marksmanship Qualifi cation Badge with Rifl e Bar (325) 949-4614 FAX All Consignments Welcome (M-16). LivestockWeekly.com He was preceded in death by his parents Cornelio Soto Sr. and Victar Armendarez Soto and brother Roy A. Soto and niece Adelai- Published weekly except for the weeks of Christmas and New Year. Publisher da Gonzalez. He is survived by his three sisters Enedina Gonzalez Look At Our Website: www.producersandcargile.com reserves the right to refuse any and all and Primo, Anna Coronado and Gasper, and Magdalena Rangel and advertising. Manuel. His nephews Primo Gonzalez III, Daniel Coronado, Gabriel Rangel, Mario Rangel, John Paul Rangel and Michael Rangel. Nieces Subscription Rate — $30/Year Watch All Our Cattle Sales On DVAuction.com Rebecca Coronado, Teresa Wysong, Angela Fuentes, Established February 10, 1949 By We Now Have A Video Sales Option For DVAuction.com Call For More Information Monica Leyva and Victoria Martinez. Great nephews Zackary Ran- Stanley R. Frank gel, Christian Gonzalez, 1916-1994 When Is The Last Time You Toured Your Local Market Facility? Enrique Leyva, Joseph Rangel and Elijah Coronado. Great nieces Editor: Steve Kelton Myra Gonzalez, Briana Gonzalez, Samantha Gonzalez, Gabriella Offi ce Manager: Paula Rankin Come See Us Or Check Out Our Website At www.producersandcargile.com Ybarra, Alexia Coronado, Anahi Gonzalez, Olivia Rangel, Laila Leyva, [email protected] Isabella Coronado, Natalia Rangel, and Amelia Martinez. Publisher: Robert S. Frank We would like to thank his primary physician Dr. Carl Anderton from Emergency numbers: Texas’ Largest Cattle Market Shannon and Nurse Penny, Dr. Martinez from Ballinger Rehabilitation (325) 234-7691 Cell Phone and Nursing home and the nurses and staff, the Hospice staff who Periodicals Postage Paid cared for him, Father Yesu from Saint Mary Star of the Sea Church in San Angelo, Texas 76902 Charley Christensen, General Manager 325-234-4939 Cell Ballinger, Father Joseph Vathaloor for being the celebrant of the mass, — Regular Weekly Sales — Postmaster: Please Send Benny Cox, Sheep Sale 325-234-4277 Cell Bill Murray of Texas Veterans for Veterans for all of his help.We would Address Changes To: also like to thank everyone who visited Junior and took him treats. Sheep • TUESDAY 9 a.m. ® Jody Frey, Cattle Sale 325-234-7895 Cell A Rosary WAS held Thursday, March 22, 2018 at Immaculate Con- Livestock Weekly WEDNESDAY (if necessary) Vernon Mansfi eld, Yard Foreman 325-234-1429 Cell ception Mission Church. The Funeral Mass will be held at 10:00 A.M., P. O. Box 3306 Friday, March 23, 2018 at Immaculate Conception Mission Church in San Angelo, Texas 76902 Cattle • THURSDAY 9 a.m. Producers Offi ce 325-653-3371 Cell Knickerbocker, with burial to follow. Street Address: We Want Your Business And Will Work To Get It And Keep It Pallbearers will be his nephews. Honorary Pallbearers are Raymond 2601 Sherwood Way Torres, Larry Whitehurst, Rick Naylor and Freddy Fields. San Angelo, Texas 76901 a strong rebound in 2018, we fuels will still largely be the March 22, 2018 Livestock Weekly Page 3 OPEC Says Supply Agreement only see a small increase of resource base. about six percent,” said Birol, Pointing to the one to 1.5 “The global industry needs based on $60 oil, and if prices “so we are far, far lower than trillion barrels of proven re- to focus on this threat, because fall much below that, the num- Solid As Rock of Gibralter what we saw before the crisis.” serves, he asked, “What are we we are sowing the seeds for a bers may need to be revised. By Colleen Schreiber “After breaking the ice, there The head of OPEC was to do with all these resources? possible, God forbid, future Speaking to the U.S. pro- HOUSTON — Last year, was a common understanding asked about OPEC’s impres- What should you tell the more energy crisis that is not in the ducers in the room, he added, as the world’s premier energy that we all belong to this industry, sions of the latest IEA report, than two billion in developing interest of the global econo- “Enjoy it, fi rst of all, but don’t conference was just getting that we all produce and sell in the to which he responded that countries who have no access my,” Barkindo told listeners. confuse it with being the larg- underway here, OPEC was in same markets.” He added that the OPEC est oil exporter in the world. the process of putting together The group together, Barkin- OPEC is on the same page in to electricity, who have no ac- members in the Gulf needed to The number-one oil exporter the framework for a historic do added, also acknowledged terms of the medium to long- cess to energy for cooking, for declaration of cooperation that every player is needed to term trends, though some of their heating?” be saluted for staying resolute today is Saudi Arabia and will with a dozen or so non-OPEC meet not only current but future baselines and timeframes differ. Barkindo also noted that on investment spending de- remain so for many years to producing members. That demand. Consequently, the group “Demand is very robust,” another two billion people are spite the global contraction in come, and the Middle East is declaration of cooperation was agreed that it was in everyone’s said Barkindo. “Demand has expected to inhabit the earth investment dollars and despite the most important exporting an agreement to cut production best interest to continue the not been this solid, this posi- between now and 2040, the a contraction in revenue. region, about 20 million bar- levels in an effort to stop plum- dialog, to exchange notes, and tive, for a long while, probably majority of whom will be in Birol was asked about EIA’s rels per day, and will remain meting oil prices and rescue to compare projections. since before the last global the developing world. He said U.S. output number. so for many years to come.” the industry from collapse. “We are not talking about fi nancial crisis.” technology is the solution that “We expect the global oil Birol said they see simi- The Secretary General of prices; we are not talking about He referenced a 1987 report will be used to address the is- demand will increase about lar trends in the natural gas OPEC, HE Mohammad Sanusi production cuts. This is not the which stated that at that time sue of energy poverty. seven million barrels per day market. For years Russia was Barkindo, told those attending objective of this dialog.” fossil fuels accounted for 81 He, too, acknowledged con- in the next fi ve years; 60 per- the undisputed number-one this year’s CERAWeek by IHS Additionally, this “breaking percent of the energy mix. cern about the lack of invest- cent of oil demand growth, producer of gas in the world. Markit conference that the of the bread”, which is how the Thirty-one years later it’s still ments, particularly in long- about four million barrels per Today, however, the U.S. pro- group has not only fulfi lled its media portrayed the inaugural 81 percent, Barkindo stressed. cycle projects, both onshore day, will come from the U.S.,” duces 25 to 30 percent more obligations by implementing meet last year, is about sharing Furthermore, he predicted that and offshore, going on now he said. See OPEC the terms and conditions of experiences and learning from beyond 2040, even 2050, fossil for three consecutive years. He added that the forecast is Continued On Page 4 the declaration of cooperation this cycle. fully and in a timely manner, “This cycle out of all the but that they almost surpassed six previous cycles has turned their own expectations in out to be the most injurious terms of supply adjustments. to our industry, to producing The historic agreement is countries,” said Barkindo. “as solid as the Rock of Gi- “All of our member countries VER LIVES bralter,” Barkindo said. in OPEC have paid a very RI T “The full implementation in a dear price. No one producing 6066 Highway 1 O timely manner has enabled us to C country in OPEC was insu- D address the decline and also to lated from the vagaries of this E K bring back some level of opti- cycle. And also, the producers R COUSHATTA, LOUISIANA mism in the market,” he added. in the shale basins; we were He also confi rmed in a press told more than 100 companies conference that the group de- fi led for bankruptcy.” cided when they met in Vienna Also on the panel was the in November to extend the executive director of the Inter- implementation of coopera- national Energy Agency, Fatih tion to the end of 2018. The Birol. He summarized three SPRING agreement, dubbed the Vienna distinct points of the IEA’s Alliance by some is insurance most recent five-year out- against future volatility and look report — strong demand future price cycles. growth, non-OPEC supply led “It is consultative, it is by the United States, and weak broad, and it is all-inclusive investment appetite. — open to all producers.” Birol told the group that STOCKER SALE He said their joint technical there is robust growth in oil committee, together with the demand, more than 50 percent ministerial committee, will of which is being driven by continue to meet throughout China and India. the year. “There is no sign of peak oil Saturday, APRIL 7 “We intend to keep the at all,” said Birol. world fully abreast on how we In terms of the second point develop,” Barkindo said. “At related to supply, the U.S. is 12 Noon the conference in June we will expected to “put its stamp” on Partial Listing! take stock of how far we have global oil supply growth in the 10 Tiger Stripe Pairs — cows two years old with calves weighing between 100 and 200 pounds, gone with the implementation, next fi ve years. especially with our target of “About 60 percent of the calves are Charolais sired. bringing down inventories to demand growth will be met 5 F1 Brangus Pairs — cows are two years old with calves weighing between 100 and 200 the fi ve-year average.” by the U.S., but some other pounds, calves are Angus sired. He also acknowledged that non-OPEC countries also con- he and other OPEC ministers tribute,” said Birol. “Brazil, 60 Purebred Hereford Pairs — cows are fi ve to seven years old with F-1 calves at side, cur- met with some of the shale for example, is expected to rently running with Brahman bulls. players the previous evening. contribute about one million 45 Black Crossbred Pairs — cows are three to fi ve years old, calves are 100-200 pounds and Barkindo called it a continua- barrels per day over the next are Angus and Hereford sired. tion of the “icebreaker” meet- fi ve years, followed by Canada ing initiated during the confer- and also Norway.” 20 Black Crossbred Bred Cows — cows are three to fi ve years old, heavy bred to Angus and ence last year. He pointed out As for global oil invest- Hereford bulls. that prior to last year, there ments, he noted that in 2015 5 Registered Black Hereford Pairs — cows are four to six years old with purebred calves at was little to no communica- and 2016 global oil invest- tion between OPEC and other ments declined 25 percent, and side. oil-producing entities, each investments were fl at in 2017. 20 Registered Hereford Pairs — cows are four to six years old with black whiteface calves. operating “literally in silos. “While many hoped to see 10 Registered Hereford Cows — ready to be bred. 20 Registered Black Hereford Bred Heifers — bred to registered Hereford bulls. 16 Black Crossbred Bred Heifers — weighing between 900 and 1050 pounds, three to four months bred, very gentle and easy to handle. 25 Brahman Cross Cows — two to fi ve years old, four to fi ve months bred to Charolais and Angus bulls. 10 Brangus Crossbred Bred Cows — three years old, three to four months bred to Brangus bulls. 30 Angus/Brangus Pairs — cows are four years old to short and solid, calves are Angus and Charolais sired. 20 Red Angus Pairs — cows are fi ve years old with black whiteface calves at side, calves are sired by black Hereford bulls. 10 Brangus/Black Mottlefaced Cows — three years old, weighing 1000 pounds, two to three Whip Brown COW & months bred to Ultra Black bulls REPLACEMENT HEIFER SALE 9 Hereford Bulls — fourteen to sixteen months in age, great bulls from Senator Fannin. 10 Registered Angus Bulls — two years old, AI sired, DNA tested, from Dixie Farms Angus. DON’T MISS OUR SALE • 40 open Braford heifers. • 45 two to fi ve year old black cows, Plus a great selection of Angus, Brahman, Brangus, Charolais and Hereford Bulls! Friday, MARCH 30 bred to black Angus and Charolais bulls. 6:30 P.M. • 35 pairs — two to six year old Lamar Dixon Expo Center black cows. Gonzales, Louisiana • 175 Brangus heifers, bred to Cattle Viewing And Registration Gardner bulls. RED RIVER LIVESTOCK Begins At 12 P.M. • 55 heifers, heavy bred. For More Information Contact: Rayburn Smith Chuck Garrett Jesse Magee Joel Smith SELLING 450 HEAD! Whip Brown • 60 F-1 Braford heifers, bred two 318/471-2773 318/347-3492 318/533-8346 318/471-1896 to four months to Angus bull. 225-405-2227 • 40 open F-1 Brangus heifers. All purchases must be paid in full at completion of sale. Page 4 Livestock Weekly March 22, 2018 stronger economic growth in He also pointed out that next two decades. Add to that the “Last year only seven billion the emerging and developing battery operated and fuel cell new outlets being developed. barrels of oil equivalent were OPEC the problem is not energy but world, because that is where vehicles powered by hydro- Saudi Aramco, for example, added, the lowest on record,” Continued From Page 3 rather emissions. With re- most oil demand growth is gen gas still face a range of recently signed an agreement Nasser told listeners. gas than Russia, and that num- spect to China, one of the two expected to be,” said Nasser. problems. Electric vehicles, using breakthrough technol- Second, the industry must ber continues to grow. Norway countries cited as the leader “Oil demand globally also Nasser insisted, will not help ogy that will directly convert not only meet the growth in oil is also a critical gas-producing in terms of demand growth, remains healthy, as the latest reduce carbon emissions until almost 70 percent of the barrel demand but also offset the large country for European markets. he noted that China is chang- forecast from IEA is looking the electricity fuel mix be- of crude oil to petrochemicals. decline in developed oil fi elds. However, here too, he said, ing its policies. He pointed at demand growth of between comes “sufficiently clean.” “It will transform the role “Even conservative estimates U.S. shale gas production specifically to President Xi 1.4 and 1.7 million barrels per Thus he predicted that even 25 of oil as a major petrochemi- suggest that 20 million barrels reached fi ve times Norway’s Jinping’s motto, “Making the day in 2018.” years from now coal will still cal feedstock, substantially per day is required over the next total gas production. skies of China blue again,” and He talked about the energy comprise almost 50 percent of lightening the carbon footprint fi ve years,” he commented. Birol also opined that the because of that they’re pushing transition now underway, say- the energy mix, especially in of oil consumption because of Third, the industry needs natural gas markets will move all forms of energy — wind, ing that the future role of oil places like China and India. its noncombustible nature, and more than $20 trillion in in- from pipeline-driven to lique- solar, hydropower, nuclear, is widely misunderstood. He “Right now, with electric reduce the capital cost by al- vestments over the next quar- fi ed natural gas. and natural gas. pointed out that the light duty vehicles, we are simply mov- most 30 percent,” said Nasser. ter century to meet rising “Contracts will be shorter, “Only a few months ago they road passenger vehicle seg- ing emissions from tailpipe to Alternatives, he reiterated, demand for oil and gas. ment accounts for about 20 smokestack,” he told listeners. will not be ready to shoulder more fl exible, and I believe banned using coal for heating in “This is essentially the size percent of global oil demand, Even hydrogen fuel cell the burden of supplying ad- this is good news for gas se- some of the provinces close to the of the U.S. economy, and we curity and most importantly coast,” said Birol. and that 99 percent of the ve- vehicles, he said, still face ma- equate and affordable energy hicles on the road today have jor challenges including cost, for some time. have already lost $1 trillion for gas importing countries,” To counter that, they began of investment since the latest he said. an internal combustion engine. durability, reliability, onboard “In other words, I’m not importing signifi cant amounts downturn,” he told listeners. Coming back to OPEC’s of LNG, up 50 percent in recent “Many wrongly believe that hydrogen storage, safety, and losing any sleep over peak oil oil demand outlook, Barkindo it is a simple matter of electric public acceptance. demand,” Nasser told listeners. “This staggering amount will months, which in turn, he said, only come if investors are said that they see “robust” caused LNG prices to double. vehicles quickly and smoothly Before alternative fuels can “Penetration by alternatives convinced that oil will be al- demand year on year through “When China changes, ev- replacing the internal combus- be deployed at scale, hurdles will vary greatly between the 2040. That demand, he noted, erything changes, given the tion engine,” said Nasser. “It such as upfront infrastructure developing and developed lowed to compete on a level is based on strong world eco- sheer size.” is not an either/or future, but costs have to be overcome, world. There will be fierce playing fi eld, that oil is worth nomic growth. Barkindo agreed, noting rather it is far more complex.” particularly in developing competition among various so much more, and that oil is “We have revised our num- too that China’s policy is all- He identifi ed fi ve strong hors- nations. Further adding to the technologies. By contrast, here for the foreseeable future. bers to 3.8 percent global GDP inclusive when it comes to es that are racing to become the complexity, he said, will be there will be continued and This is why we must push back for both 2017 and 2018,” he sources of energy. power train of the future. Those the extra two billion people healthy demand for oil in most on the idea that the world can’t told listeners, “and we’re even “They are not looking at include advanced internal on the planet by 2050, a world existing sectors.” do without proven and reliable more optimistic going for- replacement of hydrocarbons combustion engines, hybrid economy three times its cur- That said, Nasser voiced resources. We must challenge ward. We have taken note that with renewables; they are very electric vehicles, plug-in hy- rent size, and a global middle concern about the industry’s the mistaken assumption about the International Monetary holistic,” he said. brid vehicles, electric vehicles, class that will reach fi ve billion ability to meet the growing the speed with which alterna- Fund at the World Economic Amin H. Nasser, president and hydrogen cell-fueled ve- by 2030 with two-thirds of it demand for oil and gas. tives will penetrate markets,” Forum in Davos revised their and CEO of Saudi Aramco, hicles. The fi rst three, Nasser in Asia. “Frankly, the readiness is he reiterated. numbers to 3.9 percent.” also addressed conference at- reminded, are powered by “So yes, electric vehicles weakening day by day, fueled Fourth, he said, the industry On the issue of the environ- tendees. He told listeners that internal combustion engines. will grow, and they will have a by irrational hopes of rapid must intensify efforts to both ment, Birol told listeners that the market fundamentals and the That said, given the world’s role to play, but given the com- switching and insuffi cient re- enhance current technologies global economy are healthy. focus on climate change, he petition and the complexity of alism about the valuable long- as well as create new game- WE BUY OIL AND GAS “It is particularly encour- acknowledged the need for the transition, their impact on term contribution our industry changing ones. To do so re- aging to see expectations of a global priority to improve the 20 percent of oil demand will make,” he told listeners. quires more resources devoted the effi ciency and lower car- should not be exaggerated,” “As an industry, if we are to to longer-term research, and MINERAL bon emissions from internal Nasser stressed. “That still move people from fasting on particularly to low to no- TexStar Sea Containers combustion engines as well as RIGHTS leaves the other 80 percent, hope to feasting on reality, we carbon products. INSTANT fuels. Already such disruptive where oil demand continues need to massively raise our Interested in Selling? H technologies, he said, are in “It means regulators must be to grow.” game and make a compelling policy holistic and technology CALL US TODAY! STORAGES the works, including highly In petrochemicals alone, he case about oil’s true role in the SIZES: 20’s — 40’s agnostic,” Nasser opined. “Let 830/431-1525 866/468-2791 • San Angelo, Texas advanced integrated engine said, oil use is expected to in- energy transition.” MINERAL SALES GROUP, LLC fuel systems. crease by almost 50 percent, He identifi ed four key areas the market decide.” while the number of air pas- that require “bold” action. Before exiting the stage, sengers each year is expected to First up is the need to expand Saudi Aramco’s CEO was METAL BUILDINGS double to eight billion over the exploration. asked about the state of the Texas And Surrounding States much-anticipated initial public SAN ANGELO, TEXAS offering of stock. 325/835-6891 “The IPO, as highlighted many times before, is pro- gressing very well,” Nasser told listeners. “We became a Livestock Round-Ups — Game Surveys joint company effective the Predator Control end of 2017. 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1-800-468-5105 5 Ross McCrea — 325/277-0320 www.symcotexas.come 10395085 Coleman Stocker Steer, yearlings $118-128, heavy- Tulia Steers Quoted beef production, or oil produc- March 22, 2018 Livestock Weekly Page 5 weight $110-118; No. 2 calves tion, for that matter, to protest Heifers Prices Lower and yearlings $115-150. Steady To $2 Lower any favoritism they think is Analysis of the effects of the candlestick maker to invest COLEMAN — (March Slaughter cows: high yield- TULIA — (USDA-March granted a particular group. outside capital on the beef in a “cattle fund”, they don’t 14) — Stocker cattle were ing $65-76, medium yielding 15) — Feeder steers sold And it’s quite understandable business needs the study of protect the investor against $6-8 lower, feeder cattle about $58-64, low yielding $50- steady to $2 lower, feeder that cattle producers look highly competent, well in- losing his investment in pain- steady, packer cows and bulls 57; heiferettes and young heifers $3-5 lower. Receipts askance at the extra competi- formed experts who can objec- fully short order. Meanwhile, $4-5 lower, stocker cows and stocker cows $85-115; bulls, totaled 4558 head. tion and threat of over-pro- tively appraise all facets of the if the investment results in pairs firm. Receipts totaled high yielding $88-92, medium Steers: medium and large duction inherent in the advent situation. It’s something that greater beef production and 2103 head. yielding $85-87, low yielding No. 1 500-600 pounds $165- of throngs of newcomers to should be done right away. consequently cheaper, more Steers: choice 250-400 $82-84; feeder bulls $82-88. 176, 600-650 pounds $159- their ranks, particularly new- The recent tremendous plentiful beef, the city con- pounds $190-210, 400-600 Replacement cows: bred 166.50, 700-750 pounds comers whose main source of growth of cattle feeding in the sumer would do well to refl ect pounds $180-200, 600-800 cows, choice $1500-2700 per $144-148.50, 750-800 pounds livelihood is some other type Plains states has been fi nanced a moment before screaming pounds $150-180, over 800 head, medium to good $1050- $137.50-145, 800-850 pounds of business and who therefore in large part by outsiders. Has “Treasury’s pet!” pounds $120-135; medium 1490, plainer and older $800- $132-140; medium and large can be expected to quit fooling this growth been inimical to Should history repeat itself, 1050; cow-calf pairs, choice around with cattle the minute the interests of producers or 250-400 pounds $170-190, No. 1-2 550-600 pounds there’ll come a time when $1500-2150 per pair, medium the market begins to hurt them. consumers? It has helped pro- 400-600 pounds $150-175, $151-165.50, 600-650 pounds neither city entrepreneurs nor 600-800 pounds $125-150, to good $1150-1490, plainer $155.50-161, 700-750 pounds However, inasmuch as this vide a more abundant supply of and older $1000-1140. is supposed to be a free coun- red meat. It has helped give the fearful bankers will be eager over 800 pounds $100-125. $140-148, 800-900 pounds to chunk money into the cattle Representative sales: Billy $130-134.50. try, it seems inadvisable for rancher a more stable year-around Heifers: choice 250-400 business. It’s unlikely that pounds $180-195, 400-600 Ray Walker, San Saba, steer, Heifers: medium and large producers to object to a city market for his feeder cattle, the ranchers or feeders will be pounds $160-180, 600-800 435 pounds $207; Dr. Robert No. 1 300-400 pounds $163- man’s desire to take a little farmer a limitless local outlet for pounds $130-145, over 800 Johnson, Brownwood, steer, 450 179, 400-500 pounds $149.50- gamble on cattle or anything his grain. A 40,000-head feedlot getting along extremely well pounds $100-125; medium pounds $202; Leslie Schumann, 160.50, 500-600 pounds else. The country boy may take turning out 100,000 head of at that time. Consumers will 250-400 pounds $150-165, Doole, 14 steers, 439 pounds $148.50-152.50, 600-700 a notion to buy a drugstore for fat cattle a year requires an fi nd cheap beef in the market, 400-600 pounds $140-155, $196; W.V. Horton Jr., Goldth- pounds $128-138, 700-800 a sideline, regardless of what enormous amount of capital. but the supply will dwindle 600-800 pounds $120-130, waite, steer, 480 pounds $190; pounds $126.50-132, 800-850 established pharmacists might It’s risk capital. as production goes down; the over 800 pounds $100-110. Greg McGregor, Lometa, steer, pounds $121-126; medium think of a brush popper butting If the tax laws tend to en- bargains will be of fleeting Slaughter cows: canners 525 pounds $185; Jody Webster, and large No. 1-2 550-600 into their domain. courage the butcher, the baker, duration. — (S.F. 03/22/73) and cutters $55-65, boners and Pontotoc, steer, 570 pounds $179; pounds $133-147, 600-700 breakers $55-65, light cows E&A Braden, four three-in-one pounds $126-131, 700-750 and shells $40-50; bulls $80- Angus pairs, $2025. pounds $126.75-129. 92, light bulls $70-75. Replacement cows: bred cows, choice $1250-1400 per head, me- dium $800-1000, aged $700-800; cow-calf pairs, choice $1450- 1750 per pair, medium $1000- Unregistered Bull 1250, aged $750-950. in a San Saba And Mason Feeder Cattle Steady Mason and San Saba stocker Hotel Lobby and feeder cattle were steady, packer cows $5-7 lower, pack- er bulls $5 lower. Most of the better, fleshier young pairs Choice gleanings from 45- clamor for changes in the laws to brought $1700-2150, young- plus years of Unregistered eliminate certain aspects of cattle er pairs carrying less flesh, Bull. production which can be favor- mixed colored and solidmouth Attacks on so called “out- able from a tax standpoint. $1325-1675, younger bred side” investment in the cattle Well, it’s natural for tax-bur- cows medium to long-bred in business may bode no particu- dened people not in a position good fl esh $1400-1675, some lar good for the producer or the to benefi t from investment in solidmouth cows and short- consumer, but they seem to be bred cows $1050-1375, most gaining in popularity and fury. medium to long-bred heifers At this particular moment, and fleshier, bigger-framed opposition of cattlemen them- heifers $1375-1750 except some selves to encroachment of town Brahmans $2650-2700, some dudes on their business is hardly smaller-framed heifers $1200- so vociferous as in times past. 1350, bigger, fl eshier open heif- But nobody doubts the outcries of “bona fide” ranchers and CUSTOM FELT HATS ers $875-1275 except a group of AND tigerstripes $1450 and Brahmans feeders would resume should $2350. Receipts totaled 3039 the cattle market slip about five RENOVATIONS head for the two sales. bucks a hundred. James A. Andrae Steers: choice lightweight Meanwhile, the town 830 E South Loop calves $185-222, medium- dudes’ city brethren them- Stephenville, Texas 254/965-5678 weight $160-217, heavyweight selves complain bitterly over 1-800-834-HATS $145-176; choice lightweight the “tax dodges” to which popu- [email protected] yearlings $130-152, heavy- larity of cattle investment www.capitalhats.com weight $128-135; No. 2 calves is attributed. There’s growing and yearlings $125-170. Heifers: choice lightweight calves $155-204, medium- weight $135-207, heavyweight $125-144; choice lightweight E7 Ranch VHOOLQJ )5,'$<$35,/ Northwest Stockyards 63(&,$/)(0$/(6$/( $SSUR[SP (QLG 2SHQ