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How far are these feeder prices going to go??
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<blockquote data-quote="Kenany Farm" data-source="post: 1276788" data-attributes="member: 24230"><p>I,m fairly new to this, but this quick change of prices really messed with my developing brain (cattle wise) Last year we had some drought, and prices of hay went high, so after long thinking i decided to keep only 5 cows that i liked most, and sell the rest as heavy breds, and buy steers in the early spring, and sell them late summer, should make alright profit compared to keeping a cow all year,and feeding hay in the winter, and the prices here were stupidly low. So that i did, and the first patch of steers i bought were good and prices were somewhat low, then prices went up the sky, and i found out that this is a seller market, and my calves would make better money than those i bought to fatten. now i decided to buy more cows, and hold it at that. Prices are dropping again?!!! wow, it is hard learning on your own. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big grin :D" loading="lazy" data-shortname=":D" /></p></blockquote><p></p>
[QUOTE="Kenany Farm, post: 1276788, member: 24230"] I,m fairly new to this, but this quick change of prices really messed with my developing brain (cattle wise) Last year we had some drought, and prices of hay went high, so after long thinking i decided to keep only 5 cows that i liked most, and sell the rest as heavy breds, and buy steers in the early spring, and sell them late summer, should make alright profit compared to keeping a cow all year,and feeding hay in the winter, and the prices here were stupidly low. So that i did, and the first patch of steers i bought were good and prices were somewhat low, then prices went up the sky, and i found out that this is a seller market, and my calves would make better money than those i bought to fatten. now i decided to buy more cows, and hold it at that. Prices are dropping again?!!! wow, it is hard learning on your own. :D [/QUOTE]
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How far are these feeder prices going to go??
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