Amherst WI | EatBeef01 - 10/3/2025 15:44
1015lbs x $3.6175= $3671
Vet $25
Interest $125
$0 death loss, trucking, puts/lrp
1500lbs pay weight x What is a reasonable number? $2.45 seems generous = $3675.
Now, I assume the feed must be free, he must be paying cash, he’s not going to lose any, no wear and tear on facilities or equipment, his bull rack runs on fairy dust, his tractor burns nothing but hopes and dreams, and he’s still banking the board rallying a considerable amount.
Wouldn’t it be easier go long the board and save the diesel fuel and time? Then you have $1Mill to throw in a CD and get nearly 5%.
Funny you mention the other investments.
After running around like my heads cut off getting ready for harvest that will probably be break even at best I couldn’t help but notice my money in the stock market accounts making 9-10% and that took zero effort.
But I should go borrow 7% money for more land according to market talk**** |
Steers $$$
