Load of steers

[coachg]

Friend that works at Arab stockyards sent me this today . Load of steers this am . Sorry to say not mine .

 

[Brute 23]

We had #650s do like 3.08 last week. At $3 it's worth considering putting an extra #50 on them if you can do it.

 

[Dave]

I posted earlier that I watched a ring load (about 25 head) of 786 lb steer bring $2.85 last week. That is $2,240 a head. And they killed the black hide myth as they were about half and half black white face and red white face.
Same sale there was a ring load of 658 lb black steers bring $3.08. That is $2,026. $214 to add 128 pounds, $1.67 a pound for the adding the weight.

 

[coachg]

We are currently feeding 25 heifers and steers . Most low 5 wt , a couple might go 6 and a few in the mid 4's. We've never done this on our own . Been on for 30 days , not sure if we'll go 60 or 90 days with them . They look good now . 1 blk baldie , the rest solid black .

 

[gcreekrch]

$1.50 US per head more than I got for my two loads of cleaned up stags 2 Fridays ago.

 

[SmokinM]

Still not sure how that math works with live cattle at right at $2? I will be the first to admit I don’t know trading cattle like some of the pros here. I guess cheap feed and volume make it happen.

 

[kenny thomas]

Fed cattle for February are 208.55. But corn is higher, soybeans are higher, fuel is higher. Im going fishing instead.

 

[mwj]

You will have the cold chills feeding cattle to slaughter. Dressing % and poor yield grade could paint a lot of red numbers on very good looking cattle. It is not a job for the timid.

 

[Dave]

Still not sure how that math works with live cattle at right at $2? I will be the first to admit I don't know trading cattle like some of the pros here. I guess cheap feed and volume make it happen.

The USDA report a couple weeks ago had fat steers averaging a little over 1,500 lbs. At $2 that is $3,000. So can you add that 700 lbs for $800? Last I knew they were running around $1 a pound cost to add the weight. So that make $100 a head profit. But a lot of risk.

 

[gcreekrch]

The USDA report a couple weeks ago had fat steers averaging a little over 1,500 lbs. At $2 that is $3,000. So can you add that 700 lbs for $800? Last I knew they were running around $1 a pound cost to add the weight. So that make $100 a head profit. But a lot of risk.

$100 plus all the other incentives feeders have their fingers in is big money if are feeding 100s of thousands of cattle.