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Feedyard Board
What should I do With the Steers?
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<blockquote data-quote="HerefordSire" data-source="post: 626709" data-attributes="member: 4437"><p><em>Your risk is 100% because all of them can die, unless they are insured through feeder put contracts or normal insurance. Always know your risk / reward scenario. If you are mentally thinking you could lose one animal through death, you are screwed from the get go. Is sounds like you have calculated your estimated profit. What would your maximum profit be if you finished all steers and retailed them for freezer beef if you were able to unload quarters? For example, 50 - 5 deaths = 45 * 4 quarters = 180 quarters. 180 * 125 pounds per quarter = 22,500 pounds. 22,500 pounds * $1.90 per pound = $42,750. If you ran several nice advertisements in three large cities, and unloaded all quarters, what would be your profit?</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 626709, member: 4437"] [i]Your risk is 100% because all of them can die, unless they are insured through feeder put contracts or normal insurance. Always know your risk / reward scenario. If you are mentally thinking you could lose one animal through death, you are screwed from the get go. Is sounds like you have calculated your estimated profit. What would your maximum profit be if you finished all steers and retailed them for freezer beef if you were able to unload quarters? For example, 50 - 5 deaths = 45 * 4 quarters = 180 quarters. 180 * 125 pounds per quarter = 22,500 pounds. 22,500 pounds * $1.90 per pound = $42,750. If you ran several nice advertisements in three large cities, and unloaded all quarters, what would be your profit?[/i] [/QUOTE]
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What should I do With the Steers?
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