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New to cattle ranching. So excited!
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<blockquote data-quote="Katpau" data-source="post: 1755320" data-attributes="member: 9933"><p>Welcome to Oregon. I wish you the best. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /> You most likely already realize this, since you are already running a successful equine business, but the people assisting you with the start of your new cattle business are also in it to make money. Many will have their own interests in mind and may very well take advantage of a newbie to cattle. Be cautious and keep the market in mind. That is one thing the cattle business has over the horse business. Prices are less subjective. You can always look up what cattle are currently worth in the market reports. Remember however that many markets reports are based on calves located convenient to feedlots and or packers. You will be looking at prices maybe 25 + cents a pound less in your location. That difference is due to transportation costs. I am located in the central valley near Roseburg and I-5, so your prices could be a little less. Bred cows and replacement quality heifers are more variable and will differ quite a bit according to quality. Be careful. Do the math and make sure you're not paying more than they will return.</p><p></p><p>You have a number of choices for your operation. Cow/calf is how we refer to operations that own the cows and raise the calves to weaning. Stocker growers buy those calves at 400 to 600 pounds and put them on grass until they reach 750 to 900 pounds and are ready to be finished. Feeder cattle are those cattle that are ready to be finished in a feedlot and are most often bought in truckloads from the stocker growers. Most people do just one step of that process, but if you have the pasture and the facilities you may chose to do more. When you see a price for "Live cattle", that is the price being paid to the feedlot by the packers for cattle that are finished and ready to be processed.</p></blockquote><p></p>
[QUOTE="Katpau, post: 1755320, member: 9933"] Welcome to Oregon. I wish you the best. :) You most likely already realize this, since you are already running a successful equine business, but the people assisting you with the start of your new cattle business are also in it to make money. Many will have their own interests in mind and may very well take advantage of a newbie to cattle. Be cautious and keep the market in mind. That is one thing the cattle business has over the horse business. Prices are less subjective. You can always look up what cattle are currently worth in the market reports. Remember however that many markets reports are based on calves located convenient to feedlots and or packers. You will be looking at prices maybe 25 + cents a pound less in your location. That difference is due to transportation costs. I am located in the central valley near Roseburg and I-5, so your prices could be a little less. Bred cows and replacement quality heifers are more variable and will differ quite a bit according to quality. Be careful. Do the math and make sure you're not paying more than they will return. You have a number of choices for your operation. Cow/calf is how we refer to operations that own the cows and raise the calves to weaning. Stocker growers buy those calves at 400 to 600 pounds and put them on grass until they reach 750 to 900 pounds and are ready to be finished. Feeder cattle are those cattle that are ready to be finished in a feedlot and are most often bought in truckloads from the stocker growers. Most people do just one step of that process, but if you have the pasture and the facilities you may chose to do more. When you see a price for "Live cattle", that is the price being paid to the feedlot by the packers for cattle that are finished and ready to be processed. [/QUOTE]
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