These are the tail end of a group of fall calves from the year before. They are right at 18 months old now. I bought these in ND. I had around $140 per hundred in them delivered here to Iowa as six weights.
I have not boughten any replacements and will not at the stupid prices guys are giving right now. These high prices do not pencil out. The feed cost may have drop $150-200 per head but they are giving up $250-300 a head with the stupid calf prices. The calves are $50 too high for the market right now.
People get stupid at times. They think that lower corn prices and a higher current fat market will allow them to bid up current feeder cattle. Well I am darn sure that the current high fat cattle market will not be here when these feeder cattle are fat. Some of the same guys that ran up cash rents are running up the feeder cattle market. There will many that lose BIG money doing that. I refuse to be one of them.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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