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<blockquote data-quote="Stocker Steve" data-source="post: 1384119" data-attributes="member: 1715"><p>I am not comfortable using a calf multiple. Your costs are not the same as mine, and sometimes calf prices go up and down rapidly... In theory - - we would all be doing a NPV calculation using our carefully compiled costs. Not many of us are that brave. </p><p></p><p>Even without that -- you can quickly see that heifers are over priced in many markets. Look first at the kill market, and then at what solid mouth red cows are selling for. Then add up to $150 if they are F1s.</p><p></p><p>I have seen some small groups of bred heifers selling for $750 to $800, but you need to be careful with that kind. Some sorting may be required. You will want to have some lute when they go through the chute.</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1384119, member: 1715"] I am not comfortable using a calf multiple. Your costs are not the same as mine, and sometimes calf prices go up and down rapidly... In theory - - we would all be doing a NPV calculation using our carefully compiled costs. Not many of us are that brave. Even without that -- you can quickly see that heifers are over priced in many markets. Look first at the kill market, and then at what solid mouth red cows are selling for. Then add up to $150 if they are F1s. I have seen some small groups of bred heifers selling for $750 to $800, but you need to be careful with that kind. Some sorting may be required. You will want to have some lute when they go through the chute. [/QUOTE]
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