Aaron
Well-known member
Stocker Steve":1rbrql83 said:Son of Butch":1rbrql83 said:Feeder Cattle Futures
Aug14 207.00
Oct14 208.25
last week's local market here, good 650 lbs feeder heifers sold for 212.25 = $1380 head /quote]
Market is higher now. One old boy with free grass told me he priced bred cows as 2 x weaned calf price. That would be close to $3,000 today ?
That is quite a common rule of thumb. A steal is the value of one calf, and a super steal is less than the value of one calf.