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| General rule of thumb is take the price of corn and double it. As in $4.00 corn X 2 = $.80 cost of gain per lb. Now if fats are $.90 X say 1250 lbs. = $1125. 600 lb. calves needed to be bought @ $605. ($1125 - feed costs of $520) to break even. Now the variables. Some cattle feed more efficiently. And some can make as much as 10 cents or more in carcass premiums. No 2 pens are the same. That's why buyers are becoming increasingly selective and discount cattle that they don't know. Quality pays, especially in down years. | |
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You guys that don't think these grain markets are pressuring the cattleman
