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Schutte & Sons Polled Herefords - 50th Annual Genetic Tradition Production Sale

Live Event Started: 3/7/23 1:00 PM (CST)

Seller Contact Information

Ron Schutte
1417 Rd. 2100
Guide Rock, NE 68942
(402) 756-3462
(402) 746-4378 Ron Cell
 Website
rnschutte@gtmc.net
tschutte.misc@gmail.com

Auction Location

Ron Schutte
Schutte Ranch Sale Facility
1417 Rd. 2100
Guide Rock, NE 68942
(402) 756-3462

Additional Links

Catalog
Video Catalog
Sale Order

Terms and Conditions

DVAuction Terms and Conditions

Video Catalogs

Production Sale Videos (52)
Livestock Market Videos (4)
Private Treaty Offerings (21)
U.S. CATTLE REPORT: Cash sales steady to $1 lower; COF inventory at 11.8 million head; Boxed beef down $5.08 since Monday; 54 steers (954#) from Crawford, NE at $241.50
LIVESTOCK COMMENTS: The futures trader is necessary to provide liquidity (i.e. enough trading) for hedgers to establish a position in the market. As cattle futures price increased, there were traders who decided they could make some money so they exited their position and took new positions in some instances
Boxed Beef PM: Choice: $295.67 (-0.13); Select: $290.83 (+1.56); Ch/Se Spread: 4.84; Total Loads: 126 compared to 143 on Thursday
CATTLE WEIGHTS: Live weights reported this week at 1,399 lbs., up 1 lb. from last week, up 46 lbs. from last year (EWMP)
Weekly cattle slaughter reported at 620K head, compared to 603K last week and 625K last year. YTD slaughter at 9.54 million head, down 4.8% from last year (EWMP)
Beef Production Up 2.8% From Last Week, Cattle Weights Up 46 Pounds From Last Year (ewmp)
CME LIVESTOCK: Live Cattle: $175.675 (+0.30); Feeder Cattle: $242.00 (-0.55); Hogs: $104.825 (+2.125) (VIEW COMMODITY QUOTES)
CME GRAINS: Corn: $4.335 (+0.0675); Wheat: $5.5025 (+0.135); Soybeans: $11.505 (+0.1625); Soybean Meal: $343.70 (+5.70) (VIEW COMMODITY QUOTES)
STOCK UPDATE: Dow 30: 37,986.40 (+211.02); Nasdaq: 15,282.01 (-319.49); S&P 500: 4,967.23 (-43.89) (Broader Market Retreats On Middle East Strife And Tech Stock Weakness)
ENERGY PRICES: Crude Oil: $83.25 (+0.52); Ethanol: $1.685 (+0.0225); Natural Gas: $1.764 (+0.007) (Crude Closes Higher as Middle East Tensions Remain High)
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