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I think I am pricing cattle too cheap!
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<blockquote data-quote="Warren Allison" data-source="post: 1847674" data-attributes="member: 40587"><p>This weekend, I had a dude come by and offered to buy all the 1/2 Corr 1/2 Ang heifers we will have this year. Said he wants to get a herd of these and breed them to beef bulls every year. He thinks he can build a herd that will produce good calves for a lot less money than buying beef cows and heifers. I told him that it wouldn't be like raising calves off Corriente cows, that he would have the same input and labor that he would if he had an all-beef herd. He said he knows that, so how much do I want for the heifers at weaning. I told him they will wean at 6 mos at 450 lbs average. And today, the black ones that size would bring $2.50 at the right sale., The off-colored ones would still likely be $2. I told him that black Corr cows sell for $750 or so, and off-colored would be $600 or more. He said, " Well, those heifers may bring that , or they may bring more, or if the market corrects, they may bring less". ( Like I didn't know that). So I told him we had a lot of cattle to work and move today. so what did he want to offer? He said " $850 a head at weaning, and I want them all...black or colored, horns or no". So I get down off my horses, shook his hand and said "sold". Told him the first ones we would wean 1st of July.</p><p></p><p>Then today, I am watching an auction in Arkansas, and they ran some straight Corriente heifers through, one at a time. They were 400 weights. 383 on the smallest and 465 on the heaviest. All spotted too, no black or any solids in the bunch. They brought from $2.15 to $2.65/cwt. I would assume half breeds would have brought even more? I started 2nd guessing myself, that I had sold too cheap. Then I thought how I had paid $420 a head for their mommas, including the pairs. The black, polled ones would have brought $2.80 - $3 or more today, but who knows what they will bring in July and after? But, I am getting twice what I paid for their mommas, and won't have to fool with carrying them to a sale each month. </p><p></p><p>I was having some seller's remorse for a while today about selling the Plummer pairs as well. I can only imagine what people who do this full time, as their only means of making a living, are going through in these times.</p></blockquote><p></p>
[QUOTE="Warren Allison, post: 1847674, member: 40587"] This weekend, I had a dude come by and offered to buy all the 1/2 Corr 1/2 Ang heifers we will have this year. Said he wants to get a herd of these and breed them to beef bulls every year. He thinks he can build a herd that will produce good calves for a lot less money than buying beef cows and heifers. I told him that it wouldn't be like raising calves off Corriente cows, that he would have the same input and labor that he would if he had an all-beef herd. He said he knows that, so how much do I want for the heifers at weaning. I told him they will wean at 6 mos at 450 lbs average. And today, the black ones that size would bring $2.50 at the right sale., The off-colored ones would still likely be $2. I told him that black Corr cows sell for $750 or so, and off-colored would be $600 or more. He said, " Well, those heifers may bring that , or they may bring more, or if the market corrects, they may bring less". ( Like I didn't know that). So I told him we had a lot of cattle to work and move today. so what did he want to offer? He said " $850 a head at weaning, and I want them all...black or colored, horns or no". So I get down off my horses, shook his hand and said "sold". Told him the first ones we would wean 1st of July. Then today, I am watching an auction in Arkansas, and they ran some straight Corriente heifers through, one at a time. They were 400 weights. 383 on the smallest and 465 on the heaviest. All spotted too, no black or any solids in the bunch. They brought from $2.15 to $2.65/cwt. I would assume half breeds would have brought even more? I started 2nd guessing myself, that I had sold too cheap. Then I thought how I had paid $420 a head for their mommas, including the pairs. The black, polled ones would have brought $2.80 - $3 or more today, but who knows what they will bring in July and after? But, I am getting twice what I paid for their mommas, and won't have to fool with carrying them to a sale each month. I was having some seller's remorse for a while today about selling the Plummer pairs as well. I can only imagine what people who do this full time, as their only means of making a living, are going through in these times. [/QUOTE]
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I think I am pricing cattle too cheap!
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