Why would you not use the market value of YOUR own calves when figuring the profit or loss on finishing out fat cattle????
Meaning the calf cost is the same regardless whether I buy or already own because MY calves could easily be sold for current market price.
I know my OWN calves and my OWN corn does not cost me the same as corn or calves you buy. That is only true if you only figure the production cost and not the true market value of the corn/calves.
I can sell my calves this fall and make X amount. Why would I finish them out to make less than X????
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Today's Featured Article - Roof Palomino - Tractor or Jeep? - by Steve Nelson. My father-in-law purchased this jeep-like lawn mower back in 1968. He says he paid $1600.00 for it, which was big bucks back then for a mower. My own father bought a VW bug the same year for the same price. Well it
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