Posted 5/1/2021 16:53 (#8982045 - in reply to #8981917) Subject: RE: Has anyone regretted being proactive?
Alberta Cowman - 5/1/2021 14:15
Well it’s May and this is one of my most productive alfalfa pastures.
We’re fairly dry and the forecast has been calling for moisture but has been wrong 90% of the time. Right now I’m set for pasture on a relatively normal year. I ran the numbers on drylotting my 700# steers and due to the cost of barley I can’t make it pencil out as I have a lot of coarse lower quality feed. I’m also not setup for feeding silage to smaller groups due to my silage pits having too much face area and I wouldn’t have a fast enough removal rate.
Maybe I’m being pessimistic but if it doesn’t rain here in two weeks there’s going to be a lot of grassers being sold. Right now mine are worth a decent $ but if everyone else is unloading I can’t see that lasting. On the flip side if it does turn out being a good year I’ll possibly be leaving $ on the table.
I went through this previously and supplemented on pasture but feed grain was about 60% of the price it currently is. It stretched the grass but felt like a full time job out feeding them all summer.
Has anyone regretted getting ahead of the curve?
Sorry if this comes across as a pity party or rant. Maybe I’m just tired from calving and field work and over thinking this.
You've heard it before - - - - You just can't feed your way out of a drought!
If you've got profit in the yearlings at today's pricing - - - - get out of them.
No sin in a profit and if it stays dry for even another 2 weeks (highly likely I think from the forecasts I'm seeing) there won't be a profit in them all too quick.
I'm sure there is some way to put that money to use without giving a lot to the tax man!