kfowler4444
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- Oct 5, 2011
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i've been doing alot of research about starting my cattle business...went to an auction barn today as well as talked to several people i know who have cattle and wanted to check my facts preferably with someone local...THANKS IN ADVANCE(I got alot to learn but have to start somewhere
first ill give some background info:
we have some land which is currently not in use about 20 acres(we live in Georgia) with decent grass mainly fescue(about to plant rye) and are wanting to get into the business with a few head trying to figure out which way to go either 5-10 stockers or 4-5 light breed cows about 7 years old
trying to come up with a stratagy theat will make money(my stocker startagy is at a loss trying to figure out where my numbers are off)
and check and make sure my feeder
what i have gathered so far is that:
1. feeder/stocker strategy 240day stratagy.....buy now(when i u nderstand the market is lowest sell first of july(when i understand the market is highest
- Buy 250# calves(heifer so i dont have to worry about breeding) at the local auction for what im seeing about $1.61lb if im reading this(http://www.ams.usda.gov/mnreports/tv_ls140.txt) report correctly didnt see any calves this light go through the auction today(?) or $402
-get them home vaccinate/deworm and gradually let them out to pasture 1 at a time
-feed them 20lb/long stem hay per head (cost about $40 bail) 2lb/per day "recieving ration" (is this a type of grain? like a blended cattle feed) gradualy raising that amount up(how much i dont know?)which cost 15lb per 50lb as well as minerals and the natural grass and of course plenty of fresh water
-grow them for 240days until july gaining about 1.5lbs a day
-sell them in july at local auction at a weight of 700lb at .65/lb or $455(if i sold at market price haven't found a source to get a history or projection to what that cow would be worth in july)
TOTALS
buy 250lb cow $400
transport home +auction $ 25
<5> round bails 5000lbs long stem hay @ $40/bail $200
<20> 50lb/bags feed/grain @ $15/ea $300
minerals/wormer misc. $ 50
total investment $975
total income when sold $685
net loss of $- 293 (BAD!)
how can this be changed into a money making formula
2. light bred to pair stratagy
-buy light bred cow 995lb(5-8years old) 3mo bred .733/lb $700
-feed 240days same as above
transport home +auction $ 25
<5> round bails 5000lbs long stem hay @ $40/bail $200
<20> 50lb/bags feed/grain @ $15/ea $300
minerals/wormer misc. $ 50
-birth the calf
-total investment $1275
sell cow and calf 1400lb(can they get this big) and calf $1450 at current price
net profit $175(at current market)
is this feasable? or am i off my rocker thanks in advance
first ill give some background info:
we have some land which is currently not in use about 20 acres(we live in Georgia) with decent grass mainly fescue(about to plant rye) and are wanting to get into the business with a few head trying to figure out which way to go either 5-10 stockers or 4-5 light breed cows about 7 years old
trying to come up with a stratagy theat will make money(my stocker startagy is at a loss trying to figure out where my numbers are off)
and check and make sure my feeder
what i have gathered so far is that:
1. feeder/stocker strategy 240day stratagy.....buy now(when i u nderstand the market is lowest sell first of july(when i understand the market is highest
- Buy 250# calves(heifer so i dont have to worry about breeding) at the local auction for what im seeing about $1.61lb if im reading this(http://www.ams.usda.gov/mnreports/tv_ls140.txt) report correctly didnt see any calves this light go through the auction today(?) or $402
-get them home vaccinate/deworm and gradually let them out to pasture 1 at a time
-feed them 20lb/long stem hay per head (cost about $40 bail) 2lb/per day "recieving ration" (is this a type of grain? like a blended cattle feed) gradualy raising that amount up(how much i dont know?)which cost 15lb per 50lb as well as minerals and the natural grass and of course plenty of fresh water
-grow them for 240days until july gaining about 1.5lbs a day
-sell them in july at local auction at a weight of 700lb at .65/lb or $455(if i sold at market price haven't found a source to get a history or projection to what that cow would be worth in july)
TOTALS
buy 250lb cow $400
transport home +auction $ 25
<5> round bails 5000lbs long stem hay @ $40/bail $200
<20> 50lb/bags feed/grain @ $15/ea $300
minerals/wormer misc. $ 50
total investment $975
total income when sold $685
net loss of $- 293 (BAD!)
how can this be changed into a money making formula
2. light bred to pair stratagy
-buy light bred cow 995lb(5-8years old) 3mo bred .733/lb $700
-feed 240days same as above
transport home +auction $ 25
<5> round bails 5000lbs long stem hay @ $40/bail $200
<20> 50lb/bags feed/grain @ $15/ea $300
minerals/wormer misc. $ 50
-birth the calf
-total investment $1275
sell cow and calf 1400lb(can they get this big) and calf $1450 at current price
net profit $175(at current market)
is this feasable? or am i off my rocker thanks in advance