bigbull338
Well-known member
that migh be ok if that feedlot was completely debt free.but if not the feedlot would be broke an bank owned in less than a year.an the packing plants would be closing as well.so thats the facts as i see emm.
Caustic Burno":1uksqqy5 said:skyline":1uksqqy5 said:In our area, 500 lb steers are down about $25 per cwt from the same week last year, averaging 3 sale barns in the East Texas area. My crystal ball says we don't catch back up for a long time, but that's JMO.
Down here as well, most likely will go lower when I have a trailer load to haul to Crockett.
C HOLLAND":3iujqztz said:I am selling all the steers for freezer beef, I have had good luck selling all of them from this years crop. I am trying to sell replacement bred heifers off the farm also.
We have to try whatever it takes to survive.
Time is going to get tougher before it turns around.
JMO
Brandonm22":j6h9k4ku said:Since corn and soybeans are through the roof there isn't likely to be a per lb premium for the lighter calves, it MIGHT pay to put more weight on the calves this year. If they are 4 wt now I would hold to July when they are all six weight. Price seasonally starts to nose dive after August, but usually is ~flat from April to then; but it is YOUR money we are gambling with.