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Cattle Boards
Beginners Board
Hobby Farmer Newby could use advise
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<blockquote data-quote="bball" data-source="post: 1356103" data-attributes="member: 23752"><p>You're asking for answers to questions when there are too many unknown variables. NONE of us know what beef prices will be next spring, or fall for that matter. It all fluctuates in real time. Only formula I know is keep your inputs cheap and sell when they're high but no one has a crystal ball. Figure your inputs through winter: hay costs, grain costs, mineral etc. I wouldn't expect more than 2lbs adg just feeding hay through an OH winter. Figure each one consuming 20-30# hay per day depending on temperatures. Figure out your cost per day to keep them through winter. Speculate where they will be in weight (barring any set backs) and then multiply weight by market projections for spring months next year on CME. Should give you a ballpark idea if the juice of selling in the spring will be worth the squeeze of carrying them through winter. Good luck to you.</p></blockquote><p></p>
[QUOTE="bball, post: 1356103, member: 23752"] You're asking for answers to questions when there are too many unknown variables. NONE of us know what beef prices will be next spring, or fall for that matter. It all fluctuates in real time. Only formula I know is keep your inputs cheap and sell when they're high but no one has a crystal ball. Figure your inputs through winter: hay costs, grain costs, mineral etc. I wouldn't expect more than 2lbs adg just feeding hay through an OH winter. Figure each one consuming 20-30# hay per day depending on temperatures. Figure out your cost per day to keep them through winter. Speculate where they will be in weight (barring any set backs) and then multiply weight by market projections for spring months next year on CME. Should give you a ballpark idea if the juice of selling in the spring will be worth the squeeze of carrying them through winter. Good luck to you. [/QUOTE]
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