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cash calves vs beef carcass grid
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<blockquote data-quote="sim.-ang.king" data-source="post: 1740277" data-attributes="member: 14533"><p>Going off the June board price as of today at $1.38/# live.</p><p>3.5 pound/day x $1.38= $4.83value of gain/day</p><p>7:1 F:G* x 3.5# gain= 24.5 pound of feed</p><p>$4.83/24.5#= $.19/# or $394.28/ton breakeven price, IF a steer was to gain 3.5ADG and avg. 24.5# of feed per day. Mostly based on a 180 day avg.</p><p>Corn is $253.44/ton currently, if someone will sell it to you at that price. Very doubtful.</p><p></p><p>(*pounds of feed : pound of gain ratio.)</p></blockquote><p></p>
[QUOTE="sim.-ang.king, post: 1740277, member: 14533"] Going off the June board price as of today at $1.38/# live. 3.5 pound/day x $1.38= $4.83value of gain/day 7:1 F:G* x 3.5# gain= 24.5 pound of feed $4.83/24.5#= $.19/# or $394.28/ton breakeven price, IF a steer was to gain 3.5ADG and avg. 24.5# of feed per day. Mostly based on a 180 day avg. Corn is $253.44/ton currently, if someone will sell it to you at that price. Very doubtful. (*pounds of feed : pound of gain ratio.) [/QUOTE]
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