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Idea--will it work?
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<blockquote data-quote="H and H" data-source="post: 1068526" data-attributes="member: 18837"><p>Its works OK, really depends on how risk tolerant you are. I have been doing this the last few years. I tried the 'buy low' approach. Average paid was 840/head, synched AI'd to Mytty, and averaged 1550 nine months later. Pretty good turn.</p><p></p><p>Last year I decided to go with a fancy one-iron set of heifers, paid 1050 for them in the spring, synched AI'd, drought hit, no one locally was really expanding their herd (most were hard culling and downsizing), had a $1400 offer on them and decided to keep them. Glad I did, calved them out, have $900+ calves to sell and 2nd calf heifers are now worth $1800. </p><p></p><p>Here are my observations: it probably won't make you rich. I have had to sell high headed wild open ones, for a loss. I have had them slough a calf. I have had to calf them out instead of selling when the market wasn't right. However, in the long run, they are paying their own way, I am growing a bigger herd and building equity. </p><p></p><p>My recommendations: if you're able, play with cash - if there's no bank note, there are more options along the way. Get the best quality heifers available (one iron, one draft), definitely AI, don't skimp on the bull, vaccinations, or vet. Have a tight calving window, and fatten the ones that don't make the cut.</p><p></p><p>It hasn't been easy. I am the first to admit that I'm a multiplier, definitely not a 'true breeder' however I do try to get the highest quality commercial heifers I can. Never know when the market, or mother nature, is going to wreck the best laid plans and you may have to calve them and own them for a few years.</p></blockquote><p></p>
[QUOTE="H and H, post: 1068526, member: 18837"] Its works OK, really depends on how risk tolerant you are. I have been doing this the last few years. I tried the 'buy low' approach. Average paid was 840/head, synched AI'd to Mytty, and averaged 1550 nine months later. Pretty good turn. Last year I decided to go with a fancy one-iron set of heifers, paid 1050 for them in the spring, synched AI'd, drought hit, no one locally was really expanding their herd (most were hard culling and downsizing), had a $1400 offer on them and decided to keep them. Glad I did, calved them out, have $900+ calves to sell and 2nd calf heifers are now worth $1800. Here are my observations: it probably won't make you rich. I have had to sell high headed wild open ones, for a loss. I have had them slough a calf. I have had to calf them out instead of selling when the market wasn't right. However, in the long run, they are paying their own way, I am growing a bigger herd and building equity. My recommendations: if you're able, play with cash - if there's no bank note, there are more options along the way. Get the best quality heifers available (one iron, one draft), definitely AI, don't skimp on the bull, vaccinations, or vet. Have a tight calving window, and fatten the ones that don't make the cut. It hasn't been easy. I am the first to admit that I'm a multiplier, definitely not a 'true breeder' however I do try to get the highest quality commercial heifers I can. Never know when the market, or mother nature, is going to wreck the best laid plans and you may have to calve them and own them for a few years. [/QUOTE]
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