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Post by dave on Dec 21, 2019 13:38:20 GMT -6
The neighbor sold about 150+/- bigger calves direct to a feedlot. He got $1.48 for 650 pound steers weighed on his scale with a 1% shrink. They weighed up at 650 for the steers and 630 on the heifers. I don't know what he got for the heifers. These are big soggy char cross calves. Then the buyer made a deal with him to hold them until June at $0.80 a pound for the gain. These calves should gain real well. They are on a ration that is 28% grass hay, 28% alfalfa, 21% corn silage, and 21% whole corn. When we were talking he said something about the grass heifers selling at $1.34 the first of August. My heifers will be running in common with his heifers so I am going to have to quiz him more about that deal. That price would work great for me as I paid an average of $1.33 in November for heifers that averaged weighing 444.
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Post by sleepy on Dec 22, 2019 1:47:38 GMT -6
If those exchanging the currency are happy I am too. It's not cool for a third party like myself to question another mans deal. But, a load of comingled steers that size will bring that right through the sale barn, no history, no nothing. Not saying it wasn't a good price, but considering these would be reputation cattle, good genetics, with vaccination history standing at the ranch they were born on. I'd call them a bargain, even with a good weigh up, compared to they're sale barn counterparts. Toss in some .80 gain on top of that and the deal keeps getting sweeter. That buyer should be a repeat customer and that's sure a good thing.
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Post by dave on Dec 22, 2019 9:06:18 GMT -6
If those exchanging the currency are happy I am too. It's not cool for a third party like myself to question another mans deal. But, a load of comingled steers that size will bring that right through the sale barn, no history, no nothing. Not saying it wasn't a good price, but considering these would be reputation cattle, good genetics, with vaccination history standing at the ranch they were born on. I'd call them a bargain, even with a good weigh up, compared to they're sale barn counterparts. Toss in some .80 gain on top of that and the deal keeps getting sweeter. That buyer should be a repeat customer and that's sure a good thing. Steers that size have struggled to make that money here at the sale barn. But for the seller going that route you take off 4% commission for the sale, the cost of trucking to the sale, and the shrink that the haul and sale barn will cause. The 4% commission cost $38.48 a head. The projected 5% shrink would cost $48.10. The trucking cost at $4 a loaded mile cost $3.73 a head. That totals $90.31. That is nearly $0.14 a pound on a 650 pound steer. I hope the buyer is happy at that price. I am certain it put more money in the pocket of the seller. |
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Post by sleepy on Dec 22, 2019 12:41:51 GMT -6
I'd bet both parties are happy on the deal, that's the way it should be. I enjoy reading your posts and seeing pictures of your neighbors cattle. Usually the prices you quote are far greater than what I'm used to seeing, but the cattle are so much better, and raised with more integrity I would think. It's hard to make a comparison. These were the first I've seen you mention that were sort of in line with what is quoted around the rest of the country. Selling a calf crop for nearly $1000 hd will keep your neighbor in business as long as he wants to stay in it. I know nothing about feeding cattle that far west, what state will these calves wind up in?
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Post by dave on Dec 22, 2019 14:40:33 GMT -6
I am not certain where these are going. My guess on these would be Idaho. Lots of feed lots in the treasure valley which is 60/80 miles from here. Lighter calves from here seem to go down to California. When they get rain down there they have lots of winter and spring grass.
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