Here is the comment posed by TexasBred that I didn't get a chance to respond to.
viewtopic.php?f=6&t=44968&p=506647#p506647
Here is the entire subject he was talking about. viewtopic.php?f=12&t=41428
And here is the answer.
Lebanon CT to Lanesboro MN is 1246 miles. 1246 x $.008 = $9.96 per cwt for frieght charges. The Lanesboro MN average selling price for fed cattle in Nov 2007 was $89.10 the average paid to producer in state of MN for fed cattle in Nov 2007 was $88.70. According to packalip fed cattle were selling in CT for $60 to $65 cwt.
$89.10 - $9.96 = $79.14.
What would you rather do pay to have your cattle hauled out of state to Lanesboro MN and receive $79.14 cwt after paying the trucking or sell them in CT for $60 to $65 cwt. In my mind $ 79.14 beats $65.00 everytime.
As far as knowing how many cwt of cattle the man did or did not have is a useless figure and not even necessary. Using the CT fed cattle market price of $65 cwt He could have bought the entire 480 cwt to fill a pot and still have made $6787 on the load. Regardless if it is a off the cuff comment with no foundation I will take the $6787 net profit everytime. The cattle industry is fast paced and ever changing your best chance at success is to try and keep up. If you can't understand ask for help.
viewtopic.php?f=6&t=44968&p=506647#p506647
Here is the entire subject he was talking about. viewtopic.php?f=12&t=41428
And here is the answer.
Lebanon CT to Lanesboro MN is 1246 miles. 1246 x $.008 = $9.96 per cwt for frieght charges. The Lanesboro MN average selling price for fed cattle in Nov 2007 was $89.10 the average paid to producer in state of MN for fed cattle in Nov 2007 was $88.70. According to packalip fed cattle were selling in CT for $60 to $65 cwt.
$89.10 - $9.96 = $79.14.
What would you rather do pay to have your cattle hauled out of state to Lanesboro MN and receive $79.14 cwt after paying the trucking or sell them in CT for $60 to $65 cwt. In my mind $ 79.14 beats $65.00 everytime.
As far as knowing how many cwt of cattle the man did or did not have is a useless figure and not even necessary. Using the CT fed cattle market price of $65 cwt He could have bought the entire 480 cwt to fill a pot and still have made $6787 on the load. Regardless if it is a off the cuff comment with no foundation I will take the $6787 net profit everytime. The cattle industry is fast paced and ever changing your best chance at success is to try and keep up. If you can't understand ask for help.