Posted 10/3/2016 07:08 (#5561266 - in reply to #5561204) Subject: RE: matrix looks in favor for feeder calf sellers todayif fat market stays
South West MN
1450 lb x 93 cents = $1348
70 cent cog on 1000 lb= $700
450 lb steer breakeven. $648
Price per hundred $144
People were using 70 cent cog when corn was 50 cents higher. Have herd of feeders now using 60 cents. That would make the calf worth $748 or $1.66 a lb