Posted 8/25/2015 22:08 (#4753396 - in reply to #4753087) Subject: RE: feeder calf prices
all over Iowa
70 cents would cover the costs of gain - yardage, feed, vet, med, miscellaneous (yardage would cover facilities, labor, management, fuel, utilities, repairs, maintenance, etc). Interest is a cost of ownership and risk management is a marketing cost. With interest included the breakeven would be 1.29, so I'd still buy all that I can.