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due to drought
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<blockquote data-quote="cowboy43" data-source="post: 639916" data-attributes="member: 10124"><p>What is your goal with steers at this weight,if it is to sell at local auction at a later date,you will be better off to sell now before you get too much invested. I had the same situation and the feed was costing more than the gain, It does not take long to feed up your profit at current feed prices. I was holding on for rain all winter, it never came so my decision was to sell last month. In my area there are thousands of acres now vacant of cows because of drought. These are older ranchers selling out and I dought if they ever go back into cattle business again because the money is not there. In the local paper last week it was reported that over a thousand cattle had died due to the drought. It is raining now we have had an inch overnight not a drought buster just enought for hope I have eight days of hay left if the grass does not come I will have to decide if to sell out completely or go in dept deeper . I have already fed up my 2009 calf crop, I have sold half my cows and am down to by best cows, after 3 years of drought out of the last 4 and looseing money each year I am tired, broke and thinking of giving up 50 years of ranching. I know this not the answer you wanted but my thoughts just kept coming and I just had to vent my feeling somewhere.</p></blockquote><p></p>
[QUOTE="cowboy43, post: 639916, member: 10124"] What is your goal with steers at this weight,if it is to sell at local auction at a later date,you will be better off to sell now before you get too much invested. I had the same situation and the feed was costing more than the gain, It does not take long to feed up your profit at current feed prices. I was holding on for rain all winter, it never came so my decision was to sell last month. In my area there are thousands of acres now vacant of cows because of drought. These are older ranchers selling out and I dought if they ever go back into cattle business again because the money is not there. In the local paper last week it was reported that over a thousand cattle had died due to the drought. It is raining now we have had an inch overnight not a drought buster just enought for hope I have eight days of hay left if the grass does not come I will have to decide if to sell out completely or go in dept deeper . I have already fed up my 2009 calf crop, I have sold half my cows and am down to by best cows, after 3 years of drought out of the last 4 and looseing money each year I am tired, broke and thinking of giving up 50 years of ranching. I know this not the answer you wanted but my thoughts just kept coming and I just had to vent my feeling somewhere. [/QUOTE]
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