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<blockquote data-quote="Bama" data-source="post: 334218" data-attributes="member: 1184"><p>I buy light calves and turn them as 6-7 weights. Theres a lot of risk doing this. Several people in the area have tried to mock me and loose bigtime. You have to buy the right calf at the right time and the right weight for the right price. Then you have to put weight on them for the least amount of cost. Then sell them at the right weight at the right time for the right price. You will have to know each and every cost. I do it by dollars per day. I know how much each calf is making/costing me per day. You also have to know how much it cost you to push them. If I get them up to 3 pounds gain per day and they "topout" to early I won't get the profit I would have if I had held them at a lower input cost and gain and sold in a more favorable market. You have to learn how much input to put into them and how much output to expect. You have to learn which weight to buy at what time of year. How much cost and gain to put into them. You also have to look at what market your trying to hit. Markets depend on feedlots. How many they have on feed, how many they want on feed, and how bad they want em. If you go into this on a hit or miss attitude you will find you will miss as often as you hit. There money to be made doing this. The trickey part is making that money stop in your hands and not all the other folks holding out their hand also. ( feedstore, vet, feedlot buyer, origional owner, fertlizer man, tax man, equipment dealership, fuel man, chemical supplier, hay supplier, etc...)</p></blockquote><p></p>
[QUOTE="Bama, post: 334218, member: 1184"] I buy light calves and turn them as 6-7 weights. Theres a lot of risk doing this. Several people in the area have tried to mock me and loose bigtime. You have to buy the right calf at the right time and the right weight for the right price. Then you have to put weight on them for the least amount of cost. Then sell them at the right weight at the right time for the right price. You will have to know each and every cost. I do it by dollars per day. I know how much each calf is making/costing me per day. You also have to know how much it cost you to push them. If I get them up to 3 pounds gain per day and they "topout" to early I won't get the profit I would have if I had held them at a lower input cost and gain and sold in a more favorable market. You have to learn how much input to put into them and how much output to expect. You have to learn which weight to buy at what time of year. How much cost and gain to put into them. You also have to look at what market your trying to hit. Markets depend on feedlots. How many they have on feed, how many they want on feed, and how bad they want em. If you go into this on a hit or miss attitude you will find you will miss as often as you hit. There money to be made doing this. The trickey part is making that money stop in your hands and not all the other folks holding out their hand also. ( feedstore, vet, feedlot buyer, origional owner, fertlizer man, tax man, equipment dealership, fuel man, chemical supplier, hay supplier, etc...) [/QUOTE]
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