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Can a feedlot make any money at these prices?
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<blockquote data-quote="Son of Butch" data-source="post: 1063676" data-attributes="member: 14585"><p>Feeder sales this week Oct 9 & 10th in Minnesota.</p><p>Wednesday </p><p>46 holstein steers 315 lbs 167.00</p><p>68 holstein steers 733# 124.00</p><p></p><p>Thursday</p><p>78 black angus steers 354# 222.00</p><p>48 blk & red angus 389# 221.25</p><p>196 black angus strs 443# 213.50 [one buyer took all 196 head and that takes writing a $185,377.78 check]</p><p>30 black steers 444# 203.50</p><p>18 charolais steers 544# 166.00</p><p>66 red steers 603# 165.00</p><p></p><p>The charolais looked to me to be the best buy of the day...BUT...</p><p>Is there a enough margin for profit this year in feeding any of these steers?</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1063676, member: 14585"] Feeder sales this week Oct 9 & 10th in Minnesota. Wednesday 46 holstein steers 315 lbs 167.00 68 holstein steers 733# 124.00 Thursday 78 black angus steers 354# 222.00 48 blk & red angus 389# 221.25 196 black angus strs 443# 213.50 [one buyer took all 196 head and that takes writing a $185,377.78 check] 30 black steers 444# 203.50 18 charolais steers 544# 166.00 66 red steers 603# 165.00 The charolais looked to me to be the best buy of the day...BUT... Is there a enough margin for profit this year in feeding any of these steers? [/QUOTE]
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Can a feedlot make any money at these prices?
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