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Market is rough in MS!
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<blockquote data-quote="Bigfoot" data-source="post: 1603825" data-attributes="member: 17956"><p>I've been in the game since the early 70's. I don't remember getting over $100 cwt for weaned calves, until recent history. It also wasn't that long ago, I could buy a steel fence post (heavier than whats made today), for $1. That post cost $5 today. All of my inputs have risen accordingly. Feed hasn't gone up too terribly much, but neither have commodities. I also used to feed a lot of shelled corn.</p><p></p><p>I also used to background a bunch of cattle. Years ago, there wasn't that much risk in backgrounding. They might drop $10 cwt over a 3-4 month period, but that was about as bad as it got. There has been some serious volatility in the market over the last 5-6 years. You could absolutely lose your hind end in a very short amount of time. </p><p></p><p>I actually prefer backgrounding to cow/calf. Do two big groups a year. Not nearly as much hay to have to fool with. Drought catches ya, and your not under the pressure to "save the herd", and throw a bunch of money down a dry hole. Also, back when cattle were larger framed, you got more groth on grass, than with this stuff were raising now. I'm not holding up a breed, but a group of charlois cross calves, used to flat grow some frame on grass/hay and a few pounds of feed a day. All these 1000-1100 pound cows bred to low birth weight bulls.........Give me a break, they're calves are just not gonna grow that much in 120 days. When you was buying 400 pound calves for .80, and selling 700 pound calves for .70.......You could make some money.</p></blockquote><p></p>
[QUOTE="Bigfoot, post: 1603825, member: 17956"] I've been in the game since the early 70's. I don't remember getting over $100 cwt for weaned calves, until recent history. It also wasn't that long ago, I could buy a steel fence post (heavier than whats made today), for $1. That post cost $5 today. All of my inputs have risen accordingly. Feed hasn't gone up too terribly much, but neither have commodities. I also used to feed a lot of shelled corn. I also used to background a bunch of cattle. Years ago, there wasn't that much risk in backgrounding. They might drop $10 cwt over a 3-4 month period, but that was about as bad as it got. There has been some serious volatility in the market over the last 5-6 years. You could absolutely lose your hind end in a very short amount of time. I actually prefer backgrounding to cow/calf. Do two big groups a year. Not nearly as much hay to have to fool with. Drought catches ya, and your not under the pressure to "save the herd", and throw a bunch of money down a dry hole. Also, back when cattle were larger framed, you got more groth on grass, than with this stuff were raising now. I'm not holding up a breed, but a group of charlois cross calves, used to flat grow some frame on grass/hay and a few pounds of feed a day. All these 1000-1100 pound cows bred to low birth weight bulls.........Give me a break, they're calves are just not gonna grow that much in 120 days. When you was buying 400 pound calves for .80, and selling 700 pound calves for .70.......You could make some money. [/QUOTE]
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