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Check out these results from our Internet Sale on March 15! We extend our heartfelt gratitude to our valued members whose contributions led to record-breaking sales and facilitated the exchange of high-quality livestock. Stay tuned for more upcoming events!
Steers
400-500: $330
600-700: $272.50-$276
700-800: $256-$272
800-900: $235-$256
Heifers
500-600: $277-$327
600-700: $240-$277
700-800: $228-$240
800-900: $215-$225
Holstein Steers
500-600: $250-$261
700-800: $203-$210.50
The next Video Board Sale will be held at 9 a.m. central time on Friday, April 5.
Bidding will be available online, in-person (UPI-Columbia, Tenn.) or over the phone.
On sale day, click here to visit the LMA Auctions website, and then select ” United Producers, Inc. – Monthly Internet Sales”
Click here to view the catalog and videos on the LMA Auctions site.
The printable pdf catalog can be found here.
You MUST use Google Chrome or Mozilla Firefox web browser to view the videos and experience sound during the live sale. Internet Explorer and Microsoft Edge are NOT supported.
The next Video Board Sale will be held at 9 a.m. central time on Friday, March 1.
Bidding will be available online, in-person (UPI-Columbia, Tenn.) or over the phone.
On sale day, click here to visit the LMA Auctions website, and then select ” United Producers, Inc. – Monthly Internet Sales”
Click here to view the catalog and videos on the LMA Auctions site.
The printable pdf catalog can be found here.
You MUST use Google Chrome or Mozilla Firefox web browser to view the videos and experience sound during the live sale. Internet Explorer and Microsoft Edge are NOT supported.
United Producers, Inc. (UPI), the Midwest’s largest livestock marketing cooperative, held their 2024 Annual Meeting of the Delegates virtually in January. This online meeting reviewed highlights of 2023 and new UPI objectives for the coming year. Randy Blach, CEO of CattleFax, presented to over 150 Delegates on the current state of the livestock industry, particularly the projected outlook of the U.S. cattle sector.
“United Producers, Inc. is honored to have such a dedicated and insightful group of Delegates, whose contributions are invaluable to our decision-making process,” said Mike Bumgarner, President and CEO. “Not only do we meet with our entire Delegate body as a group, but we also engage with our individual Delegate Councils to further understand what’s impacting them locally. These Delegate meetings are a testament to us as a cooperative and the governing principle of democratic member control. The diverse perspectives shared during these meetings ensure that we are able to overcome obstacles and prosper as one UPI. Our continued success would not be possible without the unwavering support of our Board, our Delegates and our members.”
UPI Delegate meetings provide a platform for collaborative discussion among its dedicated Delegates. Topics covered typically include market trends, industry challenges and innovative approaches to new and continued services. These meetings exemplify UPI’s dedication to excellence and their ongoing efforts to navigate the ever-evolving landscape of the agricultural industry.
UPI serves 30,000 members in Ohio, Kentucky, Illinois, Indiana, Michigan, Tennessee and surrounding states, handling approximately 2.7 million head of livestock per year. UPI also offers risk management services, including marketing agreements and brokerage services; and offers competitive credit services for agricultural real estate, operating loans, and livestock financing. For more information, visit uproducers.com or follow United Producers, Inc. on Facebook.
We would like to congratulate our regional credit officer, John King, and his family for winning the 2024 Seedstock Producer of the Year Award from the Ohio Cattleman Association (OCA). This award is presented to Ohio farms that have demonstrated breeding success through their registered cattle operations. John and his wife own and operate Kingsway Angus where they raise registered Angus cattle. Congratulations to John and his family!
Columbus, Ohio. – Many producers are being forced to seek new banking relationships due to unprecedented market conditions, including record-high cattle prices and land prices.
The U.S. is probably going to have record-high calf and feeder cattle prices in the next few years – probably by 2025, according to Tim Petry, NDSU Extension livestock marketing economist, in an article in The Prairie Star. “We’ve got record-high prices in the U.S. for a lot of commodities and record-high production,” Petry said.
“Since we began more than 90 years ago, we have offered our farmer producers unique solutions to the ever-changing agricultural industry,” said Bob Siegel, vice president of credit at United Producers, Inc. “We’ve been hearing from countless producers that the complexities of today’s marketplace have caused them to simply outgrow their traditional banking relationships. They are in need of lending partners who understand the unique needs of today’s farmers. We are pleased to be able to offer innovative financing solutions during these never-before-seen market conditions.”
UPI Credit Services, a wholly owned subsidiary of United Producers Inc., (UPI), is available to assist producers with lending products that include real estate loans; short-term loans for livestock, general farm operating expenses and crop inputs; and annual loans, revolving lines of credit and term loans.
Additionally, UPI’s risk management services allow producers to minimize risk by locking in prices and being able to predict profit during volatile markets like the industry is experiencing. While risk management can be confusing and complex, UPI experts are available to answer questions and provide more information to farmers seeking to learn more about this valuable financial option.
Since 1932, UPI Credit Services has served as a trusted source for agricultural, farm machinery and livestock financing needs. A team of experienced regional credit officers are available to assist via phone or in-person to answer questions. Credit services offerings include short-term loans for livestock, general farm operating expenses and crop units in addition to annual loans, revolving lines of credit and term loans. United Producers, Inc. (UPI), the Midwest’s largest livestock marketing cooperative,
For more information about UPI credit services, visit www.uproducers.com/credit-services.
UPI serves 30,000 members in Ohio, Kentucky, Illinois, Indiana, Michigan, Tennessee and surrounding states, handling approximately 2.5 million head of livestock per year. UPI also offers risk management services, including marketing agreements and brokerage services; and offers competitive credit services for agricultural, farm machinery and livestock financing. For more information, visit uproducers.com or follow United Producers, Inc. on Facebook.
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Media contact: Angela Krile, angela@krilecommunications.com, (740) 974-3948
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Check out this video to learn more about UPI’s Online Sales and a recap of the Ohio Beef Expo Internet Sale.
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