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Elk Mound WI | Let me see if I understand this right. This is using market numbers from today at a local sale barn for holstein.
400 lb feeder @ 1.03 = 412
1400 lb steer @ 1.05 = 1470
If it takes 100 bu of corn to feed the steer out, you have 700.
700+412= 1112
1470-1112=358
That is $358 to go toward equipment, labor, interest, death loss, trucking, and medical.
I don't understand the livestock side of farming as well as I wish I did. Is it safe to say that after everything a farmer can net $100 per head. With another $200 going into building equity of buildings, land, and equipment?
It would be really great if someone can correct my thinking and let me know some real numbers. | |
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