You can't really pencil it out, because nobody knows what cattle prices will be in the fall. About the best you can do is prognosticate what the price will be, and what your haying expenses will be. I think generally if price stays the same, you'd be better off to graze the cattle and sell in the fall- lots less work, and virtually no variable costs.
Bought some hay from a guy one time, and he mentioned that this was his first year making hay, he had previously bought feeder cattle in the spring, grazed them, and sold in the fall. But last year, he only made 10 bucks. I asked, "Ten bucks a head?" "No, ten bucks. Period." I always try to see the bright side of situations, so I said, "Well, at least you had the use of the cattle." He didn't seem amused.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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