This will sound counter intuitive, but people are mistaken in believing that you make money putting weight on cattle. The truth of the matter is, you make money knowing when to sell and when to buy.
For example, if 4's are selling for significantly more than 8's, why on earth would you spend on diminishing returns? Because that's the way grandpa did it? Because the neighbor does? There's a sound business plan. Recognizing what is over valued and what is undervalued is the key to taking profit. Sell what you have that is over valued and buy the under valued. Certainly easier said than done, but given experience it works. Of course you must constantly watch prices and be very aware of what is happening and what operating costs are. For example, a friend of mine bought fleshy or fat 680 pound steers cheap. No one at the yard wanted them. He took them home, essentially did not feed them, brought them back two months later and made $100 a head. He knew when to buy and when to sell.
Folks will tell you that is a lot of work. Sure it is, but what isn't. If you are expecting to turn a profit through no effort, you are kidding yourself. Also, not being aware of local prices and expecting to be profitable is like buying a stock or a position and never checking on it or monitoring it. Futures, corn prices, cattle of feed, alleged consumer demand, are meaningless when you sell locally or at the local barn. All that matters is today's price and what you have to sell and what you can replace it with.
As for the guy calving in the snow, why would you do that? You can alter your herd to calve whenever you want. Why not calve when the weather is good and the survival rate better? Also, he will now be trying to breed back at the most difficult time of the year. Your breed back rate is better and quicker when the days are longest. Why wouldn't you take adavantage of that? I guess if someone had a contract paying a premium for all that hard work, maybe, but why not be smart?
If what you are doing works for you, do it. Don't be put off by nay sayers. There are people who consistantly make money in cattle.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Lifetime of David Brown - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.