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Retaining Heifers
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dieselfume1
Posted 9/26/2024 16:39 (#10905605 - in reply to #10903989)
Subject: RE: Retaining Heifers


SE MT
cows-n-crops - 9/25/2024 09:09

dieselfume1 - 9/25/2024 06:56

Your system from what you were saying seems to be profitable. I think we are running a similar system. We would also like to young up our herd a little bit, but it hardly seems the time when markets have been as high as they have ever been. I’m not telling you this is right, but it makes more sense in our mind to wait until Mark tips over to start retaining replacements or buying younger replacements. the best time to sell something is when someone wants to buy !

Good luck


I understand your reasoning but figuring out the timing can be hard.

My Dad always said (concerning the hog market back in the 80's) that it's better to always be in hogs. He was referring to guys he saw that would always be jumping in and out of the hog market depending on the price and most times they were jumping in to late and out to early. Or they were jumping in to early and out to late.

So my take away is to be consistent. Keep the same X number of heifers every year for breeding to replace the culls. Trying to outguess the market can be costly for some.


Our system is not the normal, we run short term cows, buy all of our replacements. Our herd is old, and very profitable. From what we have seen the past few years, there’s almost no way we would ever go back to raising our own replacements as it is cost prohibitive. Almost all of the genetics for sale are very similar to each other and can be purchased for near or at what they can be raised for, especially when you count missed opportunity cost .

Yes, you have to pay attention to the highs and lows, and it is much easier to just put your head down and keep a certain percentage of calves per year. That is the safe bet and also why ranchers never seem to get ahead.

You have to take a payday when it’s there, and wait for opportunities when the market dips. You heard may not be as fashionable as your neighbors, but you’ll have more money in your pocket.

2014 was educational. When everybody should’ve been selling bred females and all of their calves, they instead held all their heifer calves, and some of their steers to run over as yearlings. Some even purchased animals because they said the market couldn’t go down. It was exactly the wrong thing to do. And ranchers do it over and over again in the name of consistency.

Edited by dieselfume1 9/26/2024 16:42
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