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Is it time for retained ownership?
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<blockquote data-quote="Dave" data-source="post: 1372558" data-attributes="member: 498"><p>I think the answer is yes. Last week I sold the open heifers. Six good black heifers that were 50 pounds up or down of 1,000 pounds. I got 70-80 cents for them. So what, 100-120 days in the lot to finish them at 1,400 pounds? February fats are 99 cents today. You can hedge them for more money than they cost to buy. Then there is the cost of gain. Feed is down. It sure looks like it would work. it doesn't work for 6 head but I think it would sure work if you put together a pen full.</p></blockquote><p></p>
[QUOTE="Dave, post: 1372558, member: 498"] I think the answer is yes. Last week I sold the open heifers. Six good black heifers that were 50 pounds up or down of 1,000 pounds. I got 70-80 cents for them. So what, 100-120 days in the lot to finish them at 1,400 pounds? February fats are 99 cents today. You can hedge them for more money than they cost to buy. Then there is the cost of gain. Feed is down. It sure looks like it would work. it doesn't work for 6 head but I think it would sure work if you put together a pen full. [/QUOTE]
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Is it time for retained ownership?
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