A tale of two groups

Bigfoot

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Kentucky
I did this once years ago, on some calves I bought to background. If memory serves, I made about $70 a piece on that group. Personally, I was pleased with $70, and would pursue that every day the sun comes up.

We seldom see “real” numbers here, just hypothetical situations. Thought I would share a recent experience:
I trailer weaned some calves on the last sale of the year, and I sold some calves today, that had been almost exactly 90 days weaned.

The calves I sold today, weighed almost exactly 180 pounds more than the group I trailer weaned. Well never know what they weighed when I weaned them, because I don’t have scales. I’d say it’s safe to say, that they did infact gain 2 or possibly more pounds per day. If I throw out the high and low on both groups the 90 days weaned calves brought $195 more dollars per head. The long weaned calves ate 480 pounds of feed, and 2/3 of a bale of hay in the 90 days. Feed was $200 a ton this year, and I call my hay worth $50 a roll. I’m calling that working out to $81 to carry the calves 90 days. That works out to netting $114 more dollars per head on the long weaned calves. On 85 cows, that’s almost $10,000 more net. One could argue, that there is expense in the weaned calves, beyond feed and hay. I would say that I have already absorbed that expense, by just having cows period. Time, fuel, insurance, expenses, etc.

Moral of the story for me. The profit is slim on a herd of cows. We all now that. You leave too much money on the table, when you don’t keep your calves a while, to just ignore it. That $114 would not be worth pursuing for many, and I understand that. The $10,000 extra at the end of year, is. Your mileage may vary.
 
I think you’re exactly right. I’ve got some that have been weaned for almost 60 days and I’m fixing to put them on grazing and probably hold them at least another 30 maybe even 60 days.
 
Thanks for sharing that example. What was the price spread on comparable weights between end of year sale and weaned group?
 
Beefeater":z8bhqfe9 said:
Thanks for sharing that example. What was the price spread on comparable weights between end of year sale and weaned group?

I’d say steady. I stared at the reports til I was cross eyed looking for trend, and didn’t see one. I do believe they are lower now, than they were 90 days ago. That kinda trashes my example, but is the opposite of my normal experience. I just couldn’t wait for any perceived rise in the future, because they were just getting too big to hold.
 
You also have to take into effect that one of these days buyers might quit paying for trailer weaned calves.
You might be trailer weaning them right back home.

Always best to do the numbers before you haul them to the sale barn.
 
Bigfoot":2o1yid51 said:
I did this once years ago, on some calves I bought to background. If memory serves, I made about $70 a piece on that group. Personally, I was pleased with $70, and would pursue that every day the sun comes up.

We seldom see “real” numbers here, just hypothetical situations. Thought I would share a recent experience:
I trailer weaned some calves on the last sale of the year, and I sold some calves today, that had been almost exactly 90 days weaned.

The calves I sold today, weighed almost exactly 180 pounds more than the group I trailer weaned. Well never know what they weighed when I weaned them, because I don’t have scales. I’d say it’s safe to say, that they did infact gain 2 or possibly more pounds per day. If I throw out the high and low on both groups the 90 days weaned calves brought $195 more dollars per head. The long weaned calves ate 480 pounds of feed, and 2/3 of a bale of hay in the 90 days. Feed was $200 a ton this year, and I call my hay worth $50 a roll. I’m calling that working out to $81 to carry the calves 90 days. That works out to netting $114 more dollars per head on the long weaned calves. On 85 cows, that’s almost $10,000 more net. One could argue, that there is expense in the weaned calves, beyond feed and hay. I would say that I have already absorbed that expense, by just having cows period. Time, fuel, insurance, expenses, etc.

Moral of the story for me. The profit is slim on a herd of cows. We all now that. You leave too much money on the table, when you don’t keep your calves a while, to just ignore it. That $114 would not be worth pursuing for many, and I understand that. The $10,000 extra at the end of year, is. Your mileage may vary.

Are you saying each calf ate around 5#’s of feed a day? If so did you hand feed them? Also wondering what you mean by 2/3 bale of hay. 2#’s of gain a day is good. Not sure how you are set up but a set of scales can be added to the squeeze chute for about $750. Worth while investment if backgrounding.
 
Lucky":3kv6rb24 said:
Bigfoot":3kv6rb24 said:
I did this once years ago, on some calves I bought to background. If memory serves, I made about $70 a piece on that group. Personally, I was pleased with $70, and would pursue that every day the sun comes up.

We seldom see “real” numbers here, just hypothetical situations. Thought I would share a recent experience:
I trailer weaned some calves on the last sale of the year, and I sold some calves today, that had been almost exactly 90 days weaned.

The calves I sold today, weighed almost exactly 180 pounds more than the group I trailer weaned. Well never know what they weighed when I weaned them, because I don’t have scales. I’d say it’s safe to say, that they did infact gain 2 or possibly more pounds per day. If I throw out the high and low on both groups the 90 days weaned calves brought $195 more dollars per head. The long weaned calves ate 480 pounds of feed, and 2/3 of a bale of hay in the 90 days. Feed was $200 a ton this year, and I call my hay worth $50 a roll. I’m calling that working out to $81 to carry the calves 90 days. That works out to netting $114 more dollars per head on the long weaned calves. On 85 cows, that’s almost $10,000 more net. One could argue, that there is expense in the weaned calves, beyond feed and hay. I would say that I have already absorbed that expense, by just having cows period. Time, fuel, insurance, expenses, etc.

Moral of the story for me. The profit is slim on a herd of cows. We all now that. You leave too much money on the table, when you don’t keep your calves a while, to just ignore it. That $114 would not be worth pursuing for many, and I understand that. The $10,000 extra at the end of year, is. Your mileage may vary.

Are you saying each calf ate around 5#’s of feed a day? If so did you hand feed them? Also wondering what you mean by 2/3 bale of hay. 2#’s of gain a day is good. Not sure how you are set up but a set of scales can be added to the squeeze chute for about $750. Worth while investment if backgrounding.

I set out to feed them 5 pounds a day. I musta missed that mark by a little. Yes, mathamatically, it worked out to 2/3rds of a roll per calf. I guess you never truely know what your hay cost are, when you raise own, but I feel like I have about $50 a roll in mine. If I could have made one more cutting it would have brought that down a little. I've always wanted a set of scales, but I end up with groceries and gas :D
 
Lucky":15qm1vyf said:
Bigfoot":15qm1vyf said:
I did this once years ago, on some calves I bought to background. If memory serves, I made about $70 a piece on that group. Personally, I was pleased with $70, and would pursue that every day the sun comes up.

We seldom see “real” numbers here, just hypothetical situations. Thought I would share a recent experience:
I trailer weaned some calves on the last sale of the year, and I sold some calves today, that had been almost exactly 90 days weaned.

The calves I sold today, weighed almost exactly 180 pounds more than the group I trailer weaned. Well never know what they weighed when I weaned them, because I don’t have scales. I’d say it’s safe to say, that they did infact gain 2 or possibly more pounds per day. If I throw out the high and low on both groups the 90 days weaned calves brought $195 more dollars per head. The long weaned calves ate 480 pounds of feed, and 2/3 of a bale of hay in the 90 days. Feed was $200 a ton this year, and I call my hay worth $50 a roll. I’m calling that working out to $81 to carry the calves 90 days. That works out to netting $114 more dollars per head on the long weaned calves. On 85 cows, that’s almost $10,000 more net. One could argue, that there is expense in the weaned calves, beyond feed and hay. I would say that I have already absorbed that expense, by just having cows period. Time, fuel, insurance, expenses, etc.

Moral of the story for me. The profit is slim on a herd of cows. We all now that. You leave too much money on the table, when you don’t keep your calves a while, to just ignore it. That $114 would not be worth pursuing for many, and I understand that. The $10,000 extra at the end of year, is. Your mileage may vary.

Are you saying each calf ate around 5#’s of feed a day? If so did you hand feed them? Also wondering what you mean by 2/3 bale of hay. 2#’s of gain a day is good. Not sure how you are set up but a set of scales can be added to the squeeze chute for about $750. Worth while investment if backgrounding.
can be added cheaper than that

https://www.amazon.com/gp/aw/d/B06Y4DK1 ... 4JSS&psc=1
 
Bigfoot":2ot1uw2h said:
I did this once years ago, on some calves I bought to background. If memory serves, I made about $70 a piece on that group. Personally, I was pleased with $70, and would pursue that every day the sun comes up.

We seldom see “real” numbers here, just hypothetical situations. Thought I would share a recent experience:
I trailer weaned some calves on the last sale of the year, and I sold some calves today, that had been almost exactly 90 days weaned.

The calves I sold today, weighed almost exactly 180 pounds more than the group I trailer weaned. Well never know what they weighed when I weaned them, because I don’t have scales. I’d say it’s safe to say, that they did infact gain 2 or possibly more pounds per day. If I throw out the high and low on both groups the 90 days weaned calves brought $195 more dollars per head. The long weaned calves ate 480 pounds of feed, and 2/3 of a bale of hay in the 90 days. Feed was $200 a ton this year, and I call my hay worth $50 a roll. I’m calling that working out to $81 to carry the calves 90 days. That works out to netting $114 more dollars per head on the long weaned calves. On 85 cows, that’s almost $10,000 more net. One could argue, that there is expense in the weaned calves, beyond feed and hay. I would say that I have already absorbed that expense, by just having cows period. Time, fuel, insurance, expenses, etc.

Moral of the story for me. The profit is slim on a herd of cows. We all now that. You leave too much money on the table, when you don’t keep your calves a while, to just ignore it. That $114 would not be worth pursuing for many, and I understand that. The $10,000 extra at the end of year, is. Your mileage may vary.
Couple of us young guys have this conversation monthly. I have 0 feed, no pen space to wean steers. makes 0 sense to me to buy feed, pay interest, do more chores on my little 30 head operation. If I would have kept my 21 steers this year I could have made on your numbers $2394 more. Divide that by 90 days $26.60/day profit. 1 hour worth of chores I would have been better off going to work that messing with them. Another thing in our country cattle typically go down all of October thru December. Feedlots are busy making feed I think is the reasoning.

This is just my opinion but if you are going to background them and give another round of shots why not just finish them? Your doing all the work for the feedlot. The only thing that will ever change my mind is if I can get a pot load (50,000#) of steers of similar size/color/etc. I see that paying better.
 
I forgot to add death loss. My 504# steers brought $1.725 so $869/head 1 calf dies really takes the profit out of backgrounding...........
 
I’ve been backgrounding mine for 4-5 years now and it’s been a learning experience for me. I would definitely think it would take a pot load to make it worth your time. I hear the deal about buying feed all the time too. My cost this year is 11 cents a pound and I’m feeding 6 pounds so 66 cents a day per head. If they gain a pound a day that’s 84 cents profit at a $1.50 selling price. I think the make or bresk is when you sell. I wesnd in mid October and plan to sell mid June. From October to March they are gaining a little weight and building frame. Hopefully the grass will be good from April to June and that’s free gain. As far as time goes it takes about an extra 20 minutes a day to feed the calves and I’m already there feeding the cows and bulls. I feed the yearlings very little if any hay.
 
Bigfoot said:
I set out to feed them 5 pounds a day. I musta missed that mark by a little. Yes, mathamatically, it worked out to 2/3rds of a roll per calf. I guess you never truely know what your hay cost are, when you raise own, but I feel like I have about $50 a roll in mine. If I could have made one more cutting it would have brought that down a little. I've always wanted a set of scales, but I end up with groceries and gas :D

My wife knows what our hay costs are :lol: . This is why I do freezer. We're so small that to take them to the sale barn I'd be doing off so much worse than I'm doing. It doesn't help that every year we're adding new stuff or animals. One day we'll be set up, and then the next year we'll get done I guess. But by keeping them for 18~ months I can double or triple what I make on one, depending on the breed make-up and weight.
 

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