Price for Finished Beef

by **Kathie in Thorp** » Fri Oct 21, 2011 10:58 pm

OK, I'm confused on this thread also. With current market of 400 lb. calves up over $1.40 lb. live . . . . and you have to feed them to near 1,000 lbs. finished., how are you making money at under $2/lb. hanging?

by **hooknline** » Sat Oct 22, 2011 6:24 am

Roadhog You have no clue what the prices for anything are down here for anything so it might just be best to keep your thoughts to yourself

by **inbredredneck** » Sat Oct 22, 2011 7:24 am

mudfork wrote:We took our slaughter steers off this morning, but the scales at the slaughter house were broken so I couldn't get live weights. In order to price for my customers, I'm going to have to back into a live weight estimate based on hanging weight. The steers will range 900 to 1200 pounds live weight. What do you guys feel is a safe hanging weight ratio to live weight. What do you think is a fair price per pound of hanging weight for angus steers in excellent condition, finished on 1 to 2 percent of body weight per day of 50/50 cracked corn/dry corn gluten for 90 days?

This is a fair price.

http://www.ams.usda.gov/mnreports/lsddcbs.pdf

by **expensive hobby** » Sat Oct 22, 2011 9:01 am

Hook- I'm going to go with Hereford Road Dog on this one. $4.00/lb should be bringing you some extra $$$$$. You should not be upset with his generous feed back.....after all, you did ask for other opinions. Certainly none of us know what your costs are down there in Florida. We are just going from what we know to be true. I sell 1000lb steers at hanging weight (600lbs) at 2.50/lb. This includes the cutting and wrapping fees of $0.45/lb. I pay the kill fee of $40.00/head and truck the animals to the packer myself. These are grain finished steers(not grass finished). Look for a 40% loss from live weight to rail weight. And another 30-40% loss after the cuts are boned and trimmed further. I am only selling to some of my co-workers and people from church and not looking to make any money from them. I figure that I am breaking even at this price (and my time is not included in these calculations). If you think that your price is fair and you are moving your beef then all is well. Just realize that your situation is not typical.

by **expensive hobby** » Sat Oct 22, 2011 9:09 am

Oooooops......sorry Hook. I thought that this was your thread. Come to realize that you were not the one asking for feed back...it was Mudfork's question. Anyway, point is do what you need to do as long as it works for you.

by **hooknline** » Sat Oct 22, 2011 10:32 am

rather than continue to hijack this one, here ya go:
viewtopic.php?f=2&t=73674

by **HEREFORD ROADHOG** » Wed Oct 26, 2011 8:04 pm

hooknline wrote:Roadhog You have no clue what the prices for anything are down here for anything so it might just be best to keep your thoughts to yourself

apparently you have no clue either. you stated that you haven't sold anything for 2 years, but could now, somehow, produce it cheaper! That's just not possible. feed costs are way up & the value of feeder calves is much higher as well. As far as I know feed costs are probably higher in Florida than it is here in Ohio. Then in another post you say you are making $350.00 a head ,& act like that's very little profit ,MY GOD MAN ! That's just greed ! & that's poor management- (try getting them finished in 15 mos instead of 25 ) :banana:

I wish I had your customer list............................ :tiphat:

by **hooknline** » Wed Oct 26, 2011 8:41 pm

I'm not going to argue with you any longer roadhog.I refuse to work for pennies when people are happy with my product and my prices. Try not to be so jealous

by **HEREFORD ROADHOG** » Wed Oct 26, 2011 8:46 pm

hooknline wrote:I'm not going to argue with you any longer roadhog.I refuse to work for pennies when people are happy with my product and my prices. Try not to be so jealous

Pennies ? $350.00 or more a hd profit ? oh you hobby farmers, that just love to give us real farmers a bad reputation.I feel sorry for you ,but more so for the people you call friends. I couldn't look my "friends" in the eye if I treated them like that. I hope the gas stations charge you $5.00 a gallon ,after all it's a good product & you keep coming back for more ! You have to be a Democrat ...................... :clap:

by **hooknline** » Wed Oct 26, 2011 8:57 pm

Ok, so I lied, ill argue all night long. If more full time farmers charged what their time is worth than maybe things could be better for farmers. Yes, I'm just a hobby farmer..is that a bad thing? How am I getting rich off selling 2 hd a year(maybe) when I can make 2 or 3 times that a DAY at my normal job? You just sound like a crotchety sad, pathetic, jealous old fart who doesn't charge enough for his product and resents anyone that does...how does that grab your sour azz?

by **HEREFORD ROADHOG** » Wed Oct 26, 2011 9:15 pm

hooknline wrote:Ok, so I lied, ill argue all night long. If more full time farmers charged what their time is worth than maybe things could be better for farmers. Yes, I'm just a hobby farmer..is that a bad thing? How am I getting rich off selling 2 hd a year(maybe) when I can make 2 or 3 times that a DAY at my normal job? You just sound like a crotchety sad, pathetic, jealous old fart who doesn't charge enough for his product and resents anyone that does...how does that grab your sour azz?

I prefer to live by the Golden Rule,maybe you need to look that up. I'll pray for you, & those like you.

by **Kathie in Thorp** » Wed Oct 26, 2011 9:35 pm

mudfork wrote:We took our slaughter steers off this morning, but the scales at the slaughter house were broken so I couldn't get live weights. In order to price for my customers, I'm going to have to back into a live weight estimate based on hanging weight. The steers will range 900 to 1200 pounds live weight. What do you guys feel is a safe hanging weight ratio to live weight. What do you think is a fair price per pound of hanging weight for angus steers in excellent condition, finished on 1 to 2 percent of body weight per day of 50/50 cracked corn/dry corn gluten for 90 days?

Don't you just love it, when somebody's question turns into a battle on your post, that has little to do with your post l?

For everyone out here on this topic , if you THINK you're making money, if you THINK you're charging a fair price, if your customers AREN'T BYTCHING about your beef prices . . . . Then just agree to disagree about how you price stuff after you've stated your reasons, back off into your corner, cool down, quit name-calling, and be big boys about it. I'm still a bit amazed, but his business/your business isn't my business to pyss on! :bang:

by **tsmaxx47** » Wed Oct 26, 2011 9:42 pm

i figure the same thing - 60% of live weight.

by **hooknline** » Wed Oct 26, 2011 9:45 pm

You're right kathie. But someone calls me a cheat, I'm gonna respond. Mudfork, I hope you got the info you were looking for

by **Kathie in Thorp** » Wed Oct 26, 2011 9:55 pm

hooknline wrote:You're right kathie. But someone calls me a cheat, I'm gonna respond. Mudfork, I hope you got the info you were looking for

Got that, HookNLine. Just wanted those involved in this gutting to understand the point I was trying to make. Believe me, I'll fight like a she-bytch when attacked, but maybe everyone shouldn't get all fired up, too fast, on a post that really has -0- to do with the poster's operation, who's just looking for information, and then it turns into a personal difference battleground. Just sayin . . . . . :???:

Price for Finished Beef

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