corn price effect on beef

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mtnhunter
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corn price effect on beef

Postby mtnhunter » Mon Jul 31, 2017 9:00 am

Will the lower corn prices affect the prices on feeder calves? Shouldn't demand for feeders go up as it is cheaper to feed them out or is price strictly based on consumer demand for beef?
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Bigfoot
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Re: corn price effect on beef

Postby Bigfoot » Mon Jul 31, 2017 10:53 am

Imho, most of what is fed today is a byproduct. Corn price doesn't sail the ship quit like it did a few years ago.
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Re: corn price effect on beef

Postby Stocker Steve » Mon Jul 31, 2017 3:39 pm

Yes.
No, No.
Higher feedlot feed prices tend to increase the value of gain, and this makes stockering more profitable.
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Re: corn price effect on beef

Postby callmefence » Mon Jul 31, 2017 4:15 pm

Stocker Steve wrote:Yes.
No, No.
Higher feedlot feed prices tend to increase the value of gain, and this makes stockering more profitable.


So cheap corn- bad year to do stockers
High corn- good year???
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Re: corn price effect on beef

Postby Stocker Steve » Tue Aug 01, 2017 7:22 am

callmefence wrote:
Stocker Steve wrote:Yes.
No, No.
Higher feedlot feed prices tend to increase the value of gain, and this makes stockering more profitable.


So cheap corn- bad year to do stockers
High corn- good year???


Yes, unless the market is volatile. :(

Your forage is substituting for their corn. So yards will usually pay more for heavy feeders - - compared to light feeders - - as their cost of feedlot gain from grain increases.

For a diversified operation - - this can creates a situation where the grain is not worth much, and the feeder gain is also not worth much. I think a bass boat may be the solution. :nod:
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Re: corn price effect on beef

Postby callmefence » Tue Aug 01, 2017 7:41 am

Stocker Steve wrote:
callmefence wrote:
Stocker Steve wrote:Yes.
No, No.
Higher feedlot feed prices tend to increase the value of gain, and this makes stockering more profitable.


So cheap corn- bad year to do stockers
High corn- good year???


Yes, unless the market is volatile. :(

Your forage is substituting for their corn. So yards will usually pay more for heavy feeders - - compared to light feeders - - as their cost of feedlot gain from grain increases.

For a diversified operation - - this can creates a situation where the grain is not worth much, and the feeder gain is also not worth much. I think a bass boat may be the solution. :nod:


Thanks.
I've done the bass boat. Great for a year.after that not so much
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Re: corn price effect on beef

Postby dwa » Tue Aug 01, 2017 7:39 pm

callmefence wrote:
Thanks.
I've done the bass boat. Great for a year.after that not so much


I've got a bass boat for sale :hide:
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Re: corn price effect on beef

Postby Stocker Steve » Wed Aug 02, 2017 6:50 am

dwa wrote:
callmefence wrote:I've done the bass boat. Great for a year. after that not so much

I've got a bass boat for sale :hide:


Nothing wrong with trading up. :nod:

What do you plan to get next?
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Re: corn price effect on beef

Postby dwa » Fri Aug 04, 2017 11:44 am

Stocker Steve wrote:Nothing wrong with trading up. :nod:

What do you plan to get next?


Possibly some bred cows to bale graze on some recently cleared land this winter. Unless we turn really dry the next couple of months I shouldn't have to much hay if any at all to my herd.

The boat is too expensive to be sitting there not used. Haven't used it much at all the last 3 years. I'll get another one, but it'll be something cheaper.
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