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 - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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