A
Anonymous
I did some real simple calculations today and it made me think. I know there are a lot of other factors such as market fluctuations and feed availability to take into account but what these numbers showed was that you could make the highest profit per pound of gain if you only put about 100lbs on each steer. Of course you make more total if you put more weight on them, but profit per pound was 10 to 20 cents higher by selling at only 100 lbs gain. These numbers are from a sale this week in my area with 3,700 head sold.
I took the average weight and average price for medium to large #1 steers and figured out the average cost per head, and what the profit would be per pound of gain if you sold them at the various weights reported that day. If you bought them at 272 lbs and sold them at the following weights your profit per pound of gain would be:
308 0.69
389 0.99
446 0.87
519 0.90
639 0.80
668 0.79
738 0.80
763 0.87
825 0.80
What are everyones thoughts on this? If trucking fees aren't too high it seems that you could make more money if you bought and sold four times at 100lbs gain instead of putting 400lbs on one animal.
I took the average weight and average price for medium to large #1 steers and figured out the average cost per head, and what the profit would be per pound of gain if you sold them at the various weights reported that day. If you bought them at 272 lbs and sold them at the following weights your profit per pound of gain would be:
308 0.69
389 0.99
446 0.87
519 0.90
639 0.80
668 0.79
738 0.80
763 0.87
825 0.80
What are everyones thoughts on this? If trucking fees aren't too high it seems that you could make more money if you bought and sold four times at 100lbs gain instead of putting 400lbs on one animal.