The problem I have with fixing a price now is that we take orders at the begining of grain feeding. We feed up to six months. Once we take an order the price is fixed, even if our costs go up. We have built in a cushion, but this year I may need a whole couch. Two months ago our grain went up 7% , last month it went up 17%. I bought enough for a couple months. Right now, I advertise our price as Market Price and we will put people on the list without giving them a cost. This will go on until summer, when we really start the feeding cycle. At that time hopefully we will see where things are headed????? Some sort of a flexible price system is the only way to go, what that is now, I don't know. I'm thinking of setting a comfortable price at the time of the start of feeding; build in a clause that the price may increase up to a certain percentage maximum to cover our increasing costs. If they don't like it, they don't have to buy. I believe our loyal customers will go along with this since they want us to continue to provide their beef. I don't plan on being Santa Claus :santa:
Good luck.
Billy