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<blockquote data-quote="SBMF 2015" data-source="post: 1763532" data-attributes="member: 39695"><p>When the grain futures stumbled in July/August the big players locked in feed costs on the board. Fed cattle futures are strong. These guys will spend all the profit right out of these yearlings, break even, and live to feed another turn. Their making their money up on volume. If they can feed 10,000 hd a year and CLEAR $10/hd that's $100,000 for the year in their pocket.</p><p></p><p>Have a neighbor that used to feed a lot of pigs. They rented buildings in three states. He told me their goal was to clear $1 per pig and feed one million pigs a year.</p></blockquote><p></p>
[QUOTE="SBMF 2015, post: 1763532, member: 39695"] When the grain futures stumbled in July/August the big players locked in feed costs on the board. Fed cattle futures are strong. These guys will spend all the profit right out of these yearlings, break even, and live to feed another turn. Their making their money up on volume. If they can feed 10,000 hd a year and CLEAR $10/hd that's $100,000 for the year in their pocket. Have a neighbor that used to feed a lot of pigs. They rented buildings in three states. He told me their goal was to clear $1 per pig and feed one million pigs a year. [/QUOTE]
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