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spoon

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I was talking to a man today and he was telling me that he and his brother had bought 60 feeder calves in May and sold them in Sept. He said they kept a record of every penny spent on the calves and after all expenses they cleared $177 per calve. I don't know what breed, how big they were or anything more than what I just wrote. It sounded pretty good to me but I don't know squat so I was looking for opinions.
 

Aaron

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That is an unbelievable profit on short keeps. He must have really cut his inputs, bought them cheap and sold for a darn good price. I know a lot of guys that would be happy with half of that profit per head this year. :cowboy:
 

newrancher

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He did real well, got in and out at just the right time sounds like. I am looking at a loss now on my May feeders, maybe possibly breakeven. :cry2:
 

SRBeef

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There is a lot of talk here and elsewhere about the way to make a profit is to buy calves real cheap.

I would like to know who it is that is SELLING all these quality calves real "cheap" and how long they are going to be able to do this if this is going to be the source of our profit.

One man's gain seems to be another man's loss.

It seems like we need a more long term and stable means of turning a profit other than making money off of another producers loss. Personally I am not going to sell any calves real "cheap" and would urge others not to unless you have to. jmho.
 

dun

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4 years ago, the last time we ran stockers, we made huge profit. When we bought the 6 weight calves we paifd in the neighborhood of 80 cwt, turned them out on clover pasture for 4 months and sold them as 9 weights for 125 cwt. We just through dumb luck happened to hit the markets just exactly right. When we sold them we couldn;t afford to buy more though.
 

jkwilson

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dun":e70jbktg said:
4 years ago, the last time we ran stockers, we made huge profit. When we bought the 6 weight calves we paifd in the neighborhood of 80 cwt, turned them out on clover pasture for 4 months and sold them as 9 weights for 125 cwt. We just through dumb luck happened to hit the markets just exactly right. When we sold them we couldn;t afford to buy more though.

Happened to me once too. Had some pasture rented so I went to the sale and bought a load of 6 weights, including some Holsteins. Had them hauled straight to the pasture, and didn't spend another dime on them except a few buckets of corn once a week to keep them coming into the catch pen. Sold them when the grass ran out. Crazy as heck. I just wanted to keep the pasture, and I was just hoping to cover the rent and haul bills.
 

bandit80

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The one time I bought feeder cattle for a short term I did real well. Bought a neighbor's calf crop, average 480lbs and paid $.98 across the board for steers and heifers. Kept them for 90 days, fed them little grain and hay. Don't remember what they averaged dollar wise, but they weighed 625, and I made $110/hd. Just happened to hit the market right. Fairly low when I bought, and went up afterwards.

That fella did real well too. I'm kind of afraid to do it again, but this winter/spring might be the time to do it if cattle prices keep going down.
 

Angus Cowman

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There used to be an older gentleman that I learned alot from he had ran feeders for over 30 yrs his philosophy was He bought a load every week and sold a load every week he said if he sells high he buys high and if he sells low he buys low

he said the only way he made money was the consistancy of being in the market for a long term

he said you can make money on the short term but don't try it twice in a row he said you got to look at a feeder operation the same as a cow calf operation you got to be in it for the long run
 

Limomike

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spoon":35at5bv3 said:
I was talking to a man today and he was telling me that he and his brother had bought 60 feeder calves in May and sold them in Sept. He said they kept a record of every penny spent on the calves and after all expenses they cleared $177 per calve. I don't know what breed, how big they were or anything more than what I just wrote. It sounded pretty good to me but I don't know squat so I was looking for opinions.

Not saying that is impossible.. but dang near! Only 5 months... but with some good grass during that timeframe...hmmm
 

dyates

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Sounds remotely possible to me. I sold some black steers in early June that averaged 550 pounds. They brought 1.10. Assuming he bought similar animals, put them on grass with little or no extra inputs for 120 days, he could probably get 200 pounds on each animal. He would then have to find a market that paid at leat 1.04 for 750 pound animals. I think that would have been possible in early September for fancy black steers, especially 60 matched animals in a lot.
 
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spoon

spoon

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grannysoo":3pqblduh said:
Must have hijacked a couple tractor trailer loads of feed...
Hmm, he is a truck driver as a matter of fact so it's not impossible. :D
 

djinwa

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I know a few people who like going to the local casino. They tell me all about their winnings - never about their losses. With so much winning going on, makes you wonder where those casinos get the money for buildings, salaries, etc. I also wonder why those gamblers who always win don't just quit their jobs and stop by the casino a few minutes a day and collect money.
 

Bez+

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djinwa":39kovhq3 said:
I know a few people who like going to the local casino. They tell me all about their winnings - never about their losses. With so much winning going on, makes you wonder where those casinos get the money for buildings, salaries, etc. I also wonder why those gamblers who always win don't just quit their jobs and stop by the casino a few minutes a day and collect money.

Interesting comment - lots of stories above on "once I did well" - I wish some would tell me they do well ALL the time.

I want to visit them and bottle their methods - I would be rich!!

Cheers

Bez+
 

dun

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Bez+":3brvlepv said:
djinwa":3brvlepv said:
I know a few people who like going to the local casino. They tell me all about their winnings - never about their losses. With so much winning going on, makes you wonder where those casinos get the money for buildings, salaries, etc. I also wonder why those gamblers who always win don't just quit their jobs and stop by the casino a few minutes a day and collect money.

Interesting comment - lots of stories above on "once I did well" - I wish some would tell me they do well ALL the time.

I want to visit them and bottle their methods - I would be rich!!

Cheers

Bez+

If you find someone that tell you they do well all the time, keep your hand on your wallet. If he'll lie like that he'll probably steal too
 

Limomike

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Truth be known.. the casinos popping up all over the country is probably one of the main reasons the economy is tanking also.
 
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