LAA I got them actually bought for around $2.40 picked up In SD. This was in early Aug when the deal was done but I did not take delivery until Sept. 1. So after I bought them I made arrangements for some late pasture and winter wheat grazing to have them preconditioned for my yards in Jan-Feb.
I also have them locked in at $1.78 when finished. I did this with cash contracts and options. I actually had the fat contract before the calves where bought. I think around July 20th.
A couple of things helped:
1) The calves never left the ranch to go through a yard. So I bought them a little cheaper and they saved freight and yardage.
2) This deal would not have happened just a week to ten days later. The calf market took off then. The same calves would have brought $3/LBS.
3) I have bought the calves off this fellow for right at 5-6 years. I have given a little over market in the past to be fair so he returned the favor this year. We both are better off this way. The cow calf guys is making good money now. A few years ago that was not true.
4) I was able to hold my precondition cost down to around $75-80 per hundred.
LAA I will admit I took some risks I would not normally do. I actually had cattle sold as fats that I did not own yet as feeders for a few weeks. I would have still covered them but it could have been costly if the chips had fallen a different way.
I should have right at $2200 in them when finished. They should gross $2400. That is pretty tight. Everything will have to go as planned to work.
Also selling your corn as feed right now is looking real good. I am not sure how long this fat market will last.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
