Dave
Well-known member
Who has a good crystal ball here? So for the last three years I have been buying heifers in the late winter/ early spring, breeding them and selling them for delivery in October. It has worked real well. Nation wide herd rebuilding caused bred heifers to sell high. Trouble is that I wasn't the only one who saw this opportunity. Now there seems to be a glut of bred heifers on the market. Last weeks Superior Select Female sale had 101 lots of bred heifers. Only 44 of those lots sold and the top was about $2400. The heifers are a lot cheaper and don't seem to be moving.
So I have been thinking about going back to my old stand by of buying older bred cows, calving them out, and selling all (cows and calves) of them in the early fall. There is a stock cow sale the first of December where I am pretty certain a person will be able to buy truck loads good solid older cows for one bid over kill price. This model always made me money but calving out the cows is more hassle and work than the heifer deal. But in this market it is less risk.
Hmmmmm, I have about 5 weeks to decide which way to go. This staying one step ahead of the market isn't as easy as one would think. A crystal ball would sure come in handy about now.
So I have been thinking about going back to my old stand by of buying older bred cows, calving them out, and selling all (cows and calves) of them in the early fall. There is a stock cow sale the first of December where I am pretty certain a person will be able to buy truck loads good solid older cows for one bid over kill price. This model always made me money but calving out the cows is more hassle and work than the heifer deal. But in this market it is less risk.
Hmmmmm, I have about 5 weeks to decide which way to go. This staying one step ahead of the market isn't as easy as one would think. A crystal ball would sure come in handy about now.