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Dispersal Figur'in & Beef Price Forecasting ?
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<blockquote data-quote="Stocker Steve" data-source="post: 1399422" data-attributes="member: 1715"><p>A dispersal including a bunch of open F1 heifers is coming up here. I ran some simple numbers on buying them just over feeder price and taking them to calving. Did not look attractive to me w/o an increase in calf prices.</p><p>Called an order buyer and asked what he thought the young cows would bring. That calculation did not look attractive either. Asked how buyers could pay that and was told that there is a lot of surplus hay in the area.</p><p></p><p>I realize that one should not be buying cattle based on free feed or last years prices. Have you seen anyone that you think has with a grasp of 2018/2019 commodity beef prices?</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1399422, member: 1715"] A dispersal including a bunch of open F1 heifers is coming up here. I ran some simple numbers on buying them just over feeder price and taking them to calving. Did not look attractive to me w/o an increase in calf prices. Called an order buyer and asked what he thought the young cows would bring. That calculation did not look attractive either. Asked how buyers could pay that and was told that there is a lot of surplus hay in the area. I realize that one should not be buying cattle based on free feed or last years prices. Have you seen anyone that you think has with a grasp of 2018/2019 commodity beef prices? [/QUOTE]
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