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<blockquote data-quote="Dave" data-source="post: 1828882" data-attributes="member: 498"><p>Of course the feedlots are operating on someone else's money. Look at what interest has done. How much does it cost to fill up a feedlot with expensive feeders and then what is the interest on that money. A single $1500 calf that is in the lot for 180 days at 8% interest is $60 just for the interest on the purchase price. Fat cattle are still selling for well over $2.00. Freight has got expensive. Calves here only go an hour or two to the feedlot. But once finished it is 4 or 5 hours to the nearest kill plant.</p></blockquote><p></p>
[QUOTE="Dave, post: 1828882, member: 498"] Of course the feedlots are operating on someone else's money. Look at what interest has done. How much does it cost to fill up a feedlot with expensive feeders and then what is the interest on that money. A single $1500 calf that is in the lot for 180 days at 8% interest is $60 just for the interest on the purchase price. Fat cattle are still selling for well over $2.00. Freight has got expensive. Calves here only go an hour or two to the feedlot. But once finished it is 4 or 5 hours to the nearest kill plant. [/QUOTE]
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