CNBC says "feeder" cattle are trading at 0.94. What does "Feeder" mean? A rancher friend said he could sell me just weined angus calves for $1.10 lb. Are they more expensive because they are angus or because they are calves and not big enough to be feeders yet?
Also what are "Live cattle"
I want to start raising steers again for slaughter. I haven't done it for several years so I'm a little rusty.
I want to put together a cash budget of inputs/outputs. I can probably get prices from the local mill but I need help with the quantities and timing. Suppose I buy a few head of...