Columbia City, Indiana | runningihred - 3/6/2015 07:40
Yes it was a good day to be at the sale. I got another 60 650lb heifers for $1350 and 57 700lb. steers for $1550. That's gonna fill me up for now. It's nice to go to the sales during the winter buying cattle, but now I really need to focus on getting them all going good. It's time to get them on there way to 1500-1700lbs.
I'm not sure I'm cut out to be a cattle feeder after reading this post, lol...
So you wrote a check for $169,350? Ouch. And you're going to put roughly 900 pounds on those calves, so at 2.5# per day on average, you will own them for just under a year.
And if Garvo's 100 bushels of corn plus a $100 bill is a guide of feed costs, (maybe a little high because I think he bases that on smaller cattle), that's 11,700 bushels of corn @ $3.75 plus another $11,700 for a feed cost of $55,575! WOW. I suppose you have an LOC to finance feeding cattle but WOW that is a lot of money.
So if you have under 2% death loss, and sell say 115 head at 1600# for $1.50 that comes to $276,000 gross minus 224,925 for a profit of just over $51,000 in a year's time... that's not so bad I guess.
Are my numbers at all accurate? (I know runningihred will probably feed a ration of silage, by products, etc so his costs may be less, but I just guess on the fat cattle price a year from now.) |
denison sale was down from 2 weeks ago-
