Price, live weight - finished beef

Discuss upcoming sales and sale results.
ksmit454
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Re: Price, live weight - finished beef

Post by ksmit454 » Wed Jul 01, 2020 9:43 am

sstterry wrote:
Wed Jul 01, 2020 5:33 am
ksmit454 wrote:
Sun Jun 28, 2020 10:44 am
I have one customer that offered $3.50/lb live weight.
Where are you located? I may want to move!
No you don’t, California is a joke! If my family wasn’t here I would be either.



Dave
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Re: Price, live weight - finished beef

Post by Dave » Wed Jul 01, 2020 9:51 am

sstterry wrote:
Wed Jul 01, 2020 5:33 am
ksmit454 wrote:
Sun Jun 28, 2020 10:44 am
I have one customer that offered $3.50/lb live weight.
Where are you located? I may want to move!
You could be like the Beverly Hillbillies. Pack up your bags.

A lot of years ago I came out of a logging camp in Alaska. After 6 months of hard work in the middle of no where I decided that the thing to do was go to California and chase them California girls around the beach. I lasted a week. I decided that this wasn't where I belonged.

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Named'em Tamed'em
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Re: Price, live weight - finished beef

Post by Named'em Tamed'em » Wed Jul 01, 2020 3:19 pm

We sell for $3/lb hanging wt,buyer pays cut and wrap and slaughter.
Get over it! It could have been alot worse.

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kenny thomas
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Re: Price, live weight - finished beef

Post by kenny thomas » Wed Jul 01, 2020 3:28 pm

Dave wrote:
Mon Jun 29, 2020 6:56 pm
As I said I sold a bunch of steers in the fall of 1969 for $0.73 a pound hanging. At that time gas was $0.25 a gallon. You could buy a new pickup for $3,000. A 50 HP tractor new was around $5,000. So by comparison what should beef be worth? Compared to the price of fuel, beef should be around $7.00 hanging. It is not that someone is charging too much. We (me included) aren't charging enough.
Dave said it all in his post. We have no control over the price we get for most of our beef. I'm proud someone can get more for theirs and have people willing to give it.
My thoughts only, don't bet the farm on them. KT

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Re: Price, live weight - finished beef

Post by Stocker Steve » Wed Jul 01, 2020 5:04 pm

I just checked CL. Beef prices are all over the map. I think the key for repeat buyers is to have a good "farm story".

So worry less about the price and more about the story. Price people will end up buying cheap ground up lips from someone else, and that is OK.
Stocker Steve

ksmit454
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Re: Price, live weight - finished beef

Post by ksmit454 » Wed Jul 01, 2020 8:30 pm

Named'em Tamed'em wrote:
Wed Jul 01, 2020 3:19 pm
We sell for $3/lb hanging wt,buyer pays cut and wrap and slaughter.
Thanks!! I spoke to a woman in my area that charges around the price too.

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Re: Price, live weight - finished beef

Post by Hereford2 » Mon Jul 06, 2020 1:46 pm

I say GOOD FOR YOU!!! I always like seeing people figuring out ways to get involved with cattle and agriculture in general.

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Re: Price, live weight - finished beef

Post by ksmit454 » Wed Jul 08, 2020 12:15 pm

Named'em Tamed'em wrote:
Wed Jul 01, 2020 3:19 pm
We sell for $3/lb hanging wt,buyer pays cut and wrap and slaughter.
This seems to be the consensus. Thanks so much for the response!

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Re: Price, live weight - finished beef

Post by ksmit454 » Wed Jul 08, 2020 12:16 pm

Hereford2 wrote:
Mon Jul 06, 2020 1:46 pm
I say GOOD FOR YOU!!! I always like seeing people figuring out ways to get involved with cattle and agriculture in general.
Thanks so much for the encouragement! I bought my very first Angus steers in October of 2019 and now am up to 8 head total. It has been such a great learning experience.

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Re: Price, live weight - finished beef

Post by farmerjan » Sat Jul 11, 2020 11:58 pm

So very glad that you are doing it and learning and making some money. We are getting 2.75 to 3.00 lb hanging weight here so you are not so far out of line. Buyer pays processing and I explain that it is going to cost them in the neighborhood of $150 to $200 to have it processed. I tell people that have no real clue, in very simple terms; like this. A 1000 lb live weight animal will hang at about half and you will get about half that in ACTUAL EDIBLE MEAT. I also go on to explain that usually it is more like 60% hanging, and about 60% of that is actual meat. But if you figure that you get back about a QUARTER of the live weight, then you can get a BASIC idea of the cost. I also tell them that average weight of an angus is 1200 lbs....we have smaller framed animals and usually kill heifers that come up open.... or are shorter so wouldn't bring as well at the sale....I also explain that you are not going to get all steaks and that there is more hamburger than you expect, from all the different cuts that have "scraps" left that get ground up. And at the price of hamburger in the stores, $6-8.00 lb for finished beef is not so bad. So they are getting some pretty nice steaks for "hamburger" prices now.....
Also, many of mine are jersey crosses, and they will finish smaller because they just don't have the frame and they do better on grass.... I mostly sell them as grass fed with very little grain feeding....a 1,000 jersey is pretty good sized, and a jer/angus cross will finish out quicker than a straight jersey, at a younger age.

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Re: Price, live weight - finished beef

Post by sstterry » Sun Jul 12, 2020 5:59 am

I just recently came across a local farm here that is selling for $4.80/lb hanging weight. My eyes about popped out of my head.

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Re: Price, live weight - finished beef

Post by kenny thomas » Sun Jul 12, 2020 7:20 am

sstterry wrote:
Sun Jul 12, 2020 5:59 am
I just recently came across a local farm here that is selling for $4.80/lb hanging weight. My eyes about popped out of my head.
One farm here has been selling for $4.50 hanging for severel years. But most of it goes to the local cities. Much goes to your area ssttery .
My thoughts only, don't bet the farm on them. KT

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Re: Price, live weight - finished beef

Post by sstterry » Sun Jul 12, 2020 11:32 am

kenny thomas wrote:
Sun Jul 12, 2020 7:20 am
sstterry wrote:
Sun Jul 12, 2020 5:59 am
I just recently came across a local farm here that is selling for $4.80/lb hanging weight. My eyes about popped out of my head.
One farm here has been selling for $4.50 hanging for severel years. But most of it goes to the local cities. Much goes to your area ssttery .
What do the Cities do with it?

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Re: Price, live weight - finished beef

Post by kenny thomas » Sun Jul 12, 2020 1:03 pm

Not sure except he advertises as grass fed with no shots. Probably 90% goes to Greenville, Morristown, Bristol and Knoxville
My thoughts only, don't bet the farm on them. KT

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Re: Price, live weight - finished beef

Post by farmerjan » Sun Jul 12, 2020 6:43 pm

Took one to the butcher this afternoon as we are going to both be tied up in the morning. 1/2 is sold for 4.50/lb hanging weight; and we pay the slaughter costs.... the other half is questionably sold, so if not it is ours. They may only be able to take a quarter. Took a heifer of mine that was confirmed preg about 2 months because the sorry witch won't stop sucking other cows. She was bigger than the jersey she was sucking and I caught her on a first calf heifer that has a 2-3 month calf on her. End of problem. She has some dairy in her, is in good flesh, and ought to taste good. He had a steer that wasn't as big as he wanted to have killed so I said take that "sorry bred witch". Don't have any qualms about doing her since it is barely there, and she would be getting on the truck for town next week otherwise.
Going to set up a date for once a month from Aug of 2021, which is the first available date that they have now, right through the end of 2021. Have several that could go, and if I get another open cow like this jersey cow, it would be a good hamburger cow, so if we have dates then we can be flexible. If we don't have anything, they have a waiting list of people wanting a date, so there won't be any problem of them filling it with someone else. This whole waiting for a kill date a YEAR away is absurd.

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