tex452
Well-known member
After they pay labor and insurance, I wonder how much they make, plus two sale barns near me will pick my cattle up for no charge.
Thoughts on selling
- Thread starter Ky hills
- Start date
If you can sell anything for more money than you have in it....sell it. I have made money buying and selling when the market is like it is now, and I have made money buying and selling when 400lb black steers brought $1 a pound, and great cows could be bought for $800. Your money is made or lost on a deal when you buy it. Doesn't matter what the market price is, as long as you pay less than that when you buy it.
I think that people who sell out now, will be better off, even if the prices are still high next year, than people holding on to them thinking they will be higher next year. I wouldn't worry that you might not can find the cows you want when it is time to buy back. You will be able find them
I think that people who sell out now, will be better off, even if the prices are still high next year, than people holding on to them thinking they will be higher next year. I wouldn't worry that you might not can find the cows you want when it is time to buy back. You will be able find them
MurraysMutts
Well-known member
Spot on!! I sure miss those $300 300lb calves.
Some also depends on what direction a guy is going with his herd. If he wants to keep his genetics and keep going or not.
It's a great time to take a vacation from cow stuff. Just like Warren said, there will always be more cows for sale later.
Until there's not
Dave
Well-known member
I looked at the sale report from last Wednesday. I used the highest price for the lightest calf in the range. 400-500 pound I used 400 pounds at the highest selling price of $3.27. I did the same thing for the 700-800 range, 700 pounds at $2.71. It came out to $1,308 and $1,897. That is $589 to put on 300 pounds. There is money to be made here.
A few years ago I bought 25 400 pound heifers for $1.33. Sold them at about 700 pounds for $1.33. Thought I was cutting a fat hog for sell at the same price as I bought them for. But that is only $399 for the 300 pounds I added. Less dollars than at today's prices.
A few years ago I bought 25 400 pound heifers for $1.33. Sold them at about 700 pounds for $1.33. Thought I was cutting a fat hog for sell at the same price as I bought them for. But that is only $399 for the 300 pounds I added. Less dollars than at today's prices.
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OP
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Ky hills
Well-known member
Me too@Ky hills are we buying an Angus bull or selling out? I'm getting mixed signals.
We not plum selling out, but figuring on selling several, and maybe more still if seems like the right thing to do.
Wife wants a set of Hereford heifers for that Angus bull if we can do that a little later.
I have, today, 176 Corr cows at the Kudzu place. Out of the 54 I just got from Clay's boss, there were 22 solid blacks. Out of the 122 out of the herd I bought back this winter, 40 are solid black. Starting in July, I am going to sell every non-black I have, all 114 of them, as we wean their calves each month, and get about 120 more from Mike to put there with them. I am getting $650 for the colored ones and $750 for the non-black solids. They will all be bred to probably the four best bulls we have ever used in this program. Whoever buys them will get as much as double their money back from the 1st calves. I pay $300 for the ones I get from Clay's boss, and the 122 I ended up keeping out of the herd I bought last winter, I have zero dollars in now. I bought him out at $410 a head, but sold enough to where I have nothing in the 122 I have left. There are opportunities like this in all kinds of cattle...you just have to look for them, and know what you are doing.
