So $128/hundred pounds for an 800# calf would be worth $1,024. If you think the calf will gain 1# per day and you think prices will recover (I don't) then after 100 days the 900# calf would bring the future price. Heavier animals bring less per pound but generally more per head, so today you would expect 900# to bring maybe $1,100. If you have the hay in round bales, maybe 1,200# bales worth $60/bale, that is equivalent to $3/square bale (but you may have stalks, unmarketable hay, or other feed which lowers this cost). Assuming you have to feed hay for 100 days, and assuming that will be $300 in hay, you would be expecting prices to recover to at least $165 to make a profit. That would be for the 900# calf worth $1,485. If you are feeding protein on top of that, then you have to make the protein cost back too. The statement "I may have to keep them" was really "I think I can make more money holding them than selling them now, including all the costs of carrying them over." I'm too stupid to play the market, I wean them and kick them out at the sale barn and take my licks.
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