So $128/hundred pounds for an 800# calf would be worth $1,024. If you think the calf will gain 1# per day and you think prices will recover (I don't) then after 100 days the 900# calf would bring the future price. Heavier animals bring less per pound but generally more per head, so today you would expect 900# to bring maybe $1,100. If you have the hay in round bales, maybe 1,200# bales worth $60/bale, that is equivalent to $3/square bale (but you may have stalks, unmarketable hay, or other feed which lowers this cost). Assuming you have to feed hay for 100 days, and assuming that will be $300 in hay, you would be expecting prices to recover to at least $165 to make a profit. That would be for the 900# calf worth $1,485. If you are feeding protein on top of that, then you have to make the protein cost back too. The statement "I may have to keep them" was really "I think I can make more money holding them than selling them now, including all the costs of carrying them over." I'm too stupid to play the market, I wean them and kick them out at the sale barn and take my licks.
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Today's Featured Article - What Oil Should I Use? - by Francis Robinson. I keep seein this question pop up over and over again in discussion groups all over the web. As with many things there are often several right answers and a few wrong ones. Some purist I'm sure will disagree to no end with what I will tell you but most of us out here in the real world don't really care do we ? Some of them only bring their noses down out of the air long enough to look down them anyway. If you are like me you are only doing this old tractor stuff because you enjoy it. You
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