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Feeder Cattle Pricing 2014 vs. 2023
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<blockquote data-quote="Stocker Steve" data-source="post: 1799282" data-attributes="member: 1715"><p>I have not seen the podcast yet, but selling heifers and buying back breds is a no brainer business move. That said, I have my best pen of open heifers ever... I am going to procrastinate and take them to grass.</p><p></p><p>High corn prices are holding back what feedlots can pay for calves. My crystal ball says corn prices will drop and then calf prices will peak in 2024-2025. But some are still losing money with record calf prices. Real issue is cow calf gross margin. Calf price is one part of a three-part equation.</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1799282, member: 1715"] I have not seen the podcast yet, but selling heifers and buying back breds is a no brainer business move. That said, I have my best pen of open heifers ever... I am going to procrastinate and take them to grass. High corn prices are holding back what feedlots can pay for calves. My crystal ball says corn prices will drop and then calf prices will peak in 2024-2025. But some are still losing money with record calf prices. Real issue is cow calf gross margin. Calf price is one part of a three-part equation. [/QUOTE]
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