Help me here on Angus slaughter prices

[OhioRiver]

what are grid prices per lb. really on angus cattle taken to slaughter. I am just a little unclear on what I can sell my end product for after the feedlot.

please don't blast me for being new here

 

[MikeC]

http://www.uspb.com/PaymentGridBase.pdf

 

[Sir Loin]

Ohio,
That all depends on your cattle, which feedlot you use and how they market them.

We use High Choice Feeders LLC
http://www.uspremiumbeef.com/QCFLFeedlot.asp?ID=1429

And they are marketed through U.S. Premium Beef.
http://www.uspremiumbeef.com/Home.asp

Hope this helps
SL

 

[OhioRiver]

I am sorry I did not get it. Help me this way if you can please.

I buy a feeder steer @ 500 lbs for $110 per cwt for a total of $550.

I feed this steer to say 1000 lbs. I have feed costs and generally what other expenses feeding this steer to slaughter weight?

when I sell this 1000 lb steer what am I to receiver per cwt?

 

[Frankie]

I am sorry I did not get it. Help me this way if you can please.

I buy a feeder steer @ 500 lbs for $110 per cwt for a total of $550.

I feed this steer to say 1000 lbs. I have feed costs and generally what other expenses feeding this steer to slaughter weight?

when I sell this 1000 lb steer what am I to receiver per cwt?

There's no one answer to this question. Prices change from week to week, depending on demand. If a carcass is too large or too small it will receive discounts. Dark cutters will receive discounts. Higher quality grades will receive premiums. Higher yield grade animals (YG4) will be discounted. Here's a link that might help you out.

http://www.ams.usda.gov/mnreports/NW_LS410.txt

 

[OhioRiver]

what is a DARK CUTTER???


I went to the site you sent me to.

I buy feeder steers at around 500 lbs and feed them to say 1200 lbs does that sound about right

 

[grannysoo]

I'm not slamming you for being new, but it appears that you have a lot more thinking, searching, and homework to do. You appear determined to have a "feed lot" with 10 cows. At the 10 cow mark, I don't think that you can buy feed in enough quantity to make it profitable. You're certainly not going to get rich doing this.

Do you just want to have a "feed lot" or are you planning on getting rich from it?

 

[Frankie]

what is a DARK CUTTER???


I went to the site you sent me to.

I buy feeder steers at around 500 lbs and feed them to say 1200 lbs does that sound about right

The meat from some animals is a very dark red, almost purple. It can't be put in the fresh meat counter and has to be sold into another market. Frozen dinners, canned beef stew, etc., are some of the places that use dark cutters. There's nothing wrong with it; it just looks "different" to the consumer and is discounted by the packer. But it's worth less than the red meat you see in the fresh meat counter. It's caused when the animal is excited or stressed when he's killed.

Do you know how to use Google? You can learn a lot by searching there.

 

[HEREFORD ROADHOG]

what is a DARK CUTTER???


I went to the site you sent me to.

I buy feeder steers at around 500 lbs and feed them to say 1200 lbs does that sound about right

yes these wts sound good. but if you are buying all the feed for these cattle you will need deep pockets.& i wouldn't expect much profit if any the way feed costs are going this fall.

 

[OhioRiver]

so it appears registered seedstock is the way to go

 

[DavisBeefmasters]

so it appears registered seedstock is the way to go

Not necessarily...

We understand that you are in the process of putting together your business plan so everyone is pointing out things to consider:

1. Purchase price of animals
2. Cost to feed -- pasture, hay, supplements, etc. (too many variables to mention briefly)
3. Anticipated average income per animal
4. Vet bills and/or medical supplies, if needed
5. Transportation costs
6. Facility costs (fencing, hot wire, water, fuel for equipment, whatever)

I guess the moral of the story is to do plenty of research and establish a sound business plan that makes your individual profit goals rather than jump in with both feet and then think "How did I get here"

Plenty of information on these boards, the links provided above, and links from the home page on this site to get you started.

 

[ROB]

so it appears registered seedstock is the way to go

yes - absolutely! find the 10 best registered angus bulls money can buy, steer'em, feed'em and kill'em. you could market them as registered CAB to get your premium and will also help me out competing with angus genetics ;-)

in all honesty, good luck in whatever you decide to go with.

ROB

 

[Susie David]

Oh go ahead and give it a try....
buy some cows and feed them out and keep real accurate records of your expenses and besides feed don't forget to figure in fuel, power, water, meds, taxes on the land depreciation on the equipment and facilities...labor if you have hired men or give the kids a salary. When all is said and done we really work for some pretty low wages when raising beef.
Seedstock could be the answer to your dreams...just need to find the right animals and spend some time showing them off and having offspring to show off and then you could develop a reptuation in a few years and have folks driving out to have a bid on your stock...do it long enough and your kids could be in a position to have a sale on Superior auction on RFD-TV.
Good luck to you either way you go.
DMc

 

[OhioRiver]

thank you for wording it like you did. I appreciate that.

Oh go ahead and give it a try....
buy some cows and feed them out and keep real accurate records of your expenses and besides feed don't forget to figure in fuel, power, water, meds, taxes on the land depreciation on the equipment and facilities...labor if you have hired men or give the kids a salary. When all is said and done we really work for some pretty low wages when raising beef.
Seedstock could be the answer to your dreams...just need to find the right animals and spend some time showing them off and having offspring to show off and then you could develop a reptuation in a few years and have folks driving out to have a bid on your stock...do it long enough and your kids could be in a position to have a sale on Superior auction on RFD-TV.
Good luck to you either way you go.
DMc

 

[OhioRiver]

are you just jokin me or being sarcastic I am not sure.

so it appears registered seedstock is the way to go

yes - absolutely! find the 10 best registered angus bulls money can buy, steer'em, feed'em and kill'em. you could market them as registered CAB to get your premium and will also help me out competing with angus genetics ;-)

in all honesty, good luck in whatever you decide to go with.

ROB

 

[ROB]

are you just jokin me or being sarcastic I am not sure.

jokin on the first part - honest on the second.

there is a lot of good advice to be found within this thread - probably be a lot more to come. there is also an abundance of information that can be found through the search engine. you just need to determine whats best for your own situation and go with it. this probably won't turn out to be a good investment if thats what your looking for. but what the heck, i know of a lot of others who spend a lot more money for a hobby that returns zilch on their investment. but just as in an investment, if you have it to lose - let it ride. if you don't - use caution.

ROB