kid
Member
Ok, I really really need help and I need it in layman "dumb$h1t" terms as possible. Im trying to learn as much about the beef buisness as I can before I get started next spring and just when I thought I had it all figured out....
A friend of mine told me that he gets around $1800 per cow. Another friend of mine told me that he gets 1.40/lb, which for 500lbs comes out to $700. After subtracting the price paid for the calf, friend #1 made about $1300 while friend #2 didnt make squat. How the crap as this. I dont understand feeder/stocker/...whatever else or if these terms even have anything at all to do with the whopping price difference.
I guess what I am asking is
1.) what is feeder, what is stocker, what else is there?
2.) how do you figure out which way of selling is the most profitable?
Please, I beg anyone, make my head quit spinning and please break it down as far as you can go as I am very new and very confused.
A friend of mine told me that he gets around $1800 per cow. Another friend of mine told me that he gets 1.40/lb, which for 500lbs comes out to $700. After subtracting the price paid for the calf, friend #1 made about $1300 while friend #2 didnt make squat. How the crap as this. I dont understand feeder/stocker/...whatever else or if these terms even have anything at all to do with the whopping price difference.
I guess what I am asking is
1.) what is feeder, what is stocker, what else is there?
2.) how do you figure out which way of selling is the most profitable?
Please, I beg anyone, make my head quit spinning and please break it down as far as you can go as I am very new and very confused.