LAA Your numbers are not what they are here. 500-600 steers are bringing $1.50-60 here. You will have over that by the time you get them in the yard. Then the cost of production of corn is MY cost not the board price. So what the market price is does not reduce my costs. Also looking at the futures market, cattle are not at $1.16 when current 5-6 weight cattle are ready for market. The price is more $1.05.
Also there is NO way you can gain cattle for $48 a hundred. It is more like $85-95 right now. I figure ALL cost not just the corn.
The cattle going in the yards right now are showing a $60 profit IF they do well. So that is not much on a $1500 dollar animal.
In the last twelve months there has been a ton of money lost on finishing cattle. We have don alright but we did not buy any of the really high priced feeders before that. I know of several lots of cattle that lost $300 per head in the last six months. One fellow put 8 weight cattle in the yard and when he sold them he got $30 less per head then what he gave for the calves. So he lost the feed and yardage.
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Today's Featured Article - Bad Vibes - by Curtis Von Fange. One of the strangest ways to communicate with our tractor is to ask it how it feels. "Ask it how it feels," you say? Yup, ask it how it feels. Now, as with the other articles in this series one has to be able to hear what 'ole blue' is trying to say in response. The nice thing about our old iron friends is that they are usually quite consistent in their response, rather unlike some people I know who might change what they say due to the weather or other mitigating circumstances. But since t
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