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whats driving cattle prices up so much
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<blockquote data-quote="Lucky" data-source="post: 1820999" data-attributes="member: 32659"><p>To start with we have a 90 day calving season and I'm basing this on a truck load at shipping time so 60 or so hd. We typically wean in late November. I would say calves avg. 480# some will be big and some smaller just how it goes. We'll feed them an average of 7# 14% commodity mix a day for 120 days. Feed cost vary every year but yesterday I was quoted $315 a ton. At $315 that's $1.12 a day or $134 for the 120 days per hd. Meds generally cost $15-20 per hd. for 2 rounds and wormer. So this year I'm expecting $160 per hd. I keep them on a pasture that's fenced in two sections. A 70 acre spot and a 120 acre spot. We just rotate them around as needed. We may or may not give 1 or 2 a shot of Draxxin so that might cost an additional $100 for the group. Total cost to keep this group until Late June will be around $8,200. We do not feed any hay unless it's really bad weather. Even then we rarely give them an entire roll. You can do your own math but we typically make an extra $20-25K over selling at weaning. So we make an extra 12-15k per 60 hd with them weighing 750-825#. 12-15k might be peanuts to some but for us it's good bump for very little work. Every year is different though. When we sold this past July we made $45k over what we would have made in November of '22. </p><p></p><p> I will add that getting yourself in a position to not need that calf money is very important. 2 yrs ago I was set to ship and the market dropped. We cancled and shipped 4 weeks later and made an extra 7k when the market came back.</p></blockquote><p></p>
[QUOTE="Lucky, post: 1820999, member: 32659"] To start with we have a 90 day calving season and I'm basing this on a truck load at shipping time so 60 or so hd. We typically wean in late November. I would say calves avg. 480# some will be big and some smaller just how it goes. We'll feed them an average of 7# 14% commodity mix a day for 120 days. Feed cost vary every year but yesterday I was quoted $315 a ton. At $315 that's $1.12 a day or $134 for the 120 days per hd. Meds generally cost $15-20 per hd. for 2 rounds and wormer. So this year I'm expecting $160 per hd. I keep them on a pasture that's fenced in two sections. A 70 acre spot and a 120 acre spot. We just rotate them around as needed. We may or may not give 1 or 2 a shot of Draxxin so that might cost an additional $100 for the group. Total cost to keep this group until Late June will be around $8,200. We do not feed any hay unless it's really bad weather. Even then we rarely give them an entire roll. You can do your own math but we typically make an extra $20-25K over selling at weaning. So we make an extra 12-15k per 60 hd with them weighing 750-825#. 12-15k might be peanuts to some but for us it's good bump for very little work. Every year is different though. When we sold this past July we made $45k over what we would have made in November of '22. I will add that getting yourself in a position to not need that calf money is very important. 2 yrs ago I was set to ship and the market dropped. We cancled and shipped 4 weeks later and made an extra 7k when the market came back. [/QUOTE]
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