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MN | It always amazes me what some people pay for colored feeder cattle. Seems crazy to me to risk so much for so little reward:
$1000 feeder (500# @ 2.00)
100 bu of corn (however you price it!!!)
Plus the $100
I can't ever figure out why someone would risk all that for a chance to make 50-100 bucks... There has to other factors at play, tax reason? Cheap interest? Lots of moving parts in this deal.
But, it seems you have to hang around in this business to be able to get when the gettin's good. I think it would be almost impossible to enter and exit correctly every time the market fluctuates. At least I'm not smart enough to do it! I just focus on spreading sales and purchases out and concentrate on producing as efficiently as possible and hope for the best!
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