Price, live weight - finished beef

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ksmit454
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Price, live weight - finished beef

Post by ksmit454 » Thu Jun 25, 2020 6:15 pm

Hi all,
I have many people wanting finished beef from myself. We are in California and I’m unsure as to what to charge for them. They would be grain finished (unless they specify wanting grass fed), for a few months before butcher. These are excellent quality angus steers. I would be charging live weight. What is ballpark idea for charging for fully finished beef? $3/lb...? Please let me know your thoughts. Thank you!



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Re: Price, live weight - finished beef

Post by MurraysMutts » Thu Jun 25, 2020 6:47 pm

A friend is selling for 800 a quarter.
So 3200 for one whole animal.
Now that includes slaughter and delivery from the packer....
4 animals sold so far.
Crossbred for high bread vinegar....

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Re: Price, live weight - finished beef

Post by sim.-ang.king » Thu Jun 25, 2020 6:58 pm

1.25 live weight, they pay for processing.
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Re: Price, live weight - finished beef

Post by Dave » Thu Jun 25, 2020 10:49 pm

The last I did this I was charging $3.25 hanging with them paying the processing. That was about 6 years ago.

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Re: Price, live weight - finished beef

Post by SBMF 2015 » Thu Jun 25, 2020 11:23 pm

Tyson's live bid two weeks ago was $1.08/lb. We always let the customer pay the possessing, because that varies with the customer.
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Re: Price, live weight - finished beef

Post by darcelina4 » Fri Jun 26, 2020 7:06 am

People are paying $4- $5 a pound hanging weight with processing included. I've got a date for one in October. That is what I will be charging depending on which one I sell. I'll be processing a shorthorn beefmaster show steer and a red Angus heifer if she doesnt get pregnant.

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Re: Price, live weight - finished beef

Post by ksmit454 » Sat Jun 27, 2020 8:50 pm

Thanks all for the responses! I have been thinking $2.75 live weight is reasonable and customer pays cut and wrap and butcher fees. Each customer so far has agreed with that price I just wanted to be sure I was reasonable.

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Re: Price, live weight - finished beef

Post by kenny thomas » Sat Jun 27, 2020 9:09 pm

ksmit454 wrote:
Sat Jun 27, 2020 8:50 pm
Thanks all for the responses! I have been thinking $2.75 live weight is reasonable and customer pays cut and wrap and butcher fees. Each customer so far has agreed with that price I just wanted to be sure I was reasonable.
You stated that you will finish the beef. Good for you. That's the best taste.
But let's say that the average finished beef weighs 1250, which would be small, do you have customers that will pay $3,400+ for a beef plus processing?
My thoughts only, don't bet the farm on them. KT

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Re: Price, live weight - finished beef

Post by ksmit454 » Sat Jun 27, 2020 10:52 pm

kenny thomas wrote:
Sat Jun 27, 2020 9:09 pm
ksmit454 wrote:
Sat Jun 27, 2020 8:50 pm
Thanks all for the responses! I have been thinking $2.75 live weight is reasonable and customer pays cut and wrap and butcher fees. Each customer so far has agreed with that price I just wanted to be sure I was reasonable.

You stated that you will finish the beef. Good for you. That's the best taste.
But let's say that the average finished beef weighs 1250, which would be small, do you have customers that will pay $3,400+ for a beef plus processing?

Thanks! Yes, I will finish out beef for those wanting grain fed. So far my people are willing to pay that price. Some are going for halves, which seems more reasonable for some.

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Re: Price, live weight - finished beef

Post by sstterry » Sun Jun 28, 2020 5:32 am

A good friend of mine charges $2.40 hanging weight and the customer pays the butcher charge. Admittedly most of his steers are dairy/beef cross. But he says he makes more money on them.

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Re: Price, live weight - finished beef

Post by Stocker Steve » Sun Jun 28, 2020 7:46 am

Locker plant was selling for $2.95 hanging pound including processing, but they are out of beef and putting people on a waiting list.
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Re: Price, live weight - finished beef

Post by Dave » Sun Jun 28, 2020 9:24 am

ksmit454 wrote:
Sat Jun 27, 2020 8:50 pm
Thanks all for the responses! I have been thinking $2.75 live weight is reasonable and customer pays cut and wrap and butcher fees. Each customer so far has agreed with that price I just wanted to be sure I was reasonable.
I don't know if that is "reasonable". But I have said for years "what ever the market will bear". If you can find people willing to pay that more power to you. I see people quoting what the big boys are offering and that is peanuts. Everyone is losing money at those prices. As a senior in high school I fed a bunch of steers and sold halves of beef. I charged what the market was and made good money. That was 51 years ago and the market was $0.73 hanging.

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Re: Price, live weight - finished beef

Post by ksmit454 » Sun Jun 28, 2020 9:31 am

Dave wrote:
Sun Jun 28, 2020 9:24 am
ksmit454 wrote:
Sat Jun 27, 2020 8:50 pm
Thanks all for the responses! I have been thinking $2.75 live weight is reasonable and customer pays cut and wrap and butcher fees. Each customer so far has agreed with that price I just wanted to be sure I was reasonable.
I don't know if that is "reasonable". But I have said for years "what ever the market will bear". If you can find people willing to pay that more power to you. I see people quoting what the big boys are offering and that is peanuts. Everyone is losing money at those prices. As a senior in high school I fed a bunch of steers and sold halves of beef. I charged what the market was and made good money. That was 51 years ago and the market was $0.73 hanging.
Yes, I agree! Not sure if it’s reasonable but the people wanting meat from me seem happy with that price and really do understand the work that I’ve put into these cattle. I’m a young adult woman and I think that says a lot about my customer and how they want to support home grown beef. Hence they’re willing to pay the price. That’s great though that you made money as a kid doing it.

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Re: Price, live weight - finished beef

Post by Jeanne - Simme Valley » Sun Jun 28, 2020 9:50 am

You are raping your customers, but, hey, if they are that stupid - go for it.
How much do they weigh now? How old are they now? How many pounds of grain are you or will you be feeding?
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Re: Price, live weight - finished beef

Post by ksmit454 » Sun Jun 28, 2020 10:44 am

Jeanne - Simme Valley wrote:
Sun Jun 28, 2020 9:50 am
You are raping your customers, but, hey, if they are that stupid - go for it.
How much do they weigh now? How old are they now? How many pounds of grain are you or will you be feeding?
Wow raping huh? Ouch 😬. They are about 1,000lbs, 18mo old. I am graining them for 90 days, there at about 15lbs per day. I have one customer that offered $3.50/lb live weight.

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