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Should be a profit, we’ll take it now.

Posted: Thu Feb 06, 2020 10:59 pm
by gcreekrch

Re: Should be a profit, we’ll take it now.

Posted: Fri Feb 07, 2020 6:48 am
by Stocker Steve
Congrats. Folks that bought light calves last fall and fed them should be smiling.

The Minneapolis paper just ran an article on the reduced farm income forecasted for 2020. Increased input costs (who would have thought that), reduced Trump checks, and excess grain supplies, got the credit. Some bozo banker was quoted for suggesting that farmers should cut costs. Big help. Many of his customers are already living on deprecation.

There were a couple profitable marketing opportunities during 2019. Glad you capitalized on one.

Re: Should be a profit, we’ll take it now.

Posted: Fri Feb 07, 2020 7:32 am
by gcreekrch
Stocker Steve wrote:
Fri Feb 07, 2020 6:48 am
Congrats. Folks that bought light calves last fall and fed them should be smiling.

The Minneapolis paper just ran an article on the reduced farm income forecasted for 2020. Increased input costs (who would have thought that), reduced Trump checks, and excess grain supplies, got the credit. Some bozo banker was quoted for suggesting that farmers should cut costs. Big help. Many of his customers are already living on deprecation.

There were a couple profitable marketing opportunities during 2019. Glad you capitalized on one.
It is my feeling 2020 is going to be a good one for those who hung onto their cows. Wish I had more grass......

Re: Should be a profit, we’ll take it now.

Posted: Fri Feb 07, 2020 11:08 am
by Stocker Steve
Grass follows cattle. :nod:

Re: Should be a profit, we’ll take it now.

Posted: Tue Feb 11, 2020 2:06 pm
by gcreekrch
Two lots of 150, 620 lb heifers sold for $194.25
One lot of 150, 685 lb heifers brought $185.00

They weigh on the 19 or 20 next week.

Re: Should be a profit, we’ll take it now.

Posted: Tue Feb 11, 2020 4:48 pm
by kenny thomas
gcreekrch wrote:
Tue Feb 11, 2020 2:06 pm
Two lots of 150, 620 lb heifers sold for $194.25
One lot of 150, 685 lb heifers brought $185.00

They weigh on the 19 or 20 next week.
Even when converted to US dollars that still is a great sale.

Re: Should be a profit, we’ll take it now.

Posted: Tue Feb 11, 2020 11:55 pm
by gcreekrch
kenny thomas wrote:
Tue Feb 11, 2020 4:48 pm
gcreekrch wrote:
Tue Feb 11, 2020 2:06 pm
Two lots of 150, 620 lb heifers sold for $194.25
One lot of 150, 685 lb heifers brought $185.00

They weigh on the 19 or 20 next week.
Even when converted to US dollars that still is a great sale.
There were two big feedlots and three grass guys that all thought they should own them. It worked in our favour.
We are extremely happy.
Going to put another 300 together now and see what May brings.

Re: Should be a profit, we’ll take it now.

Posted: Wed Feb 12, 2020 3:13 am
by Stocker Steve
Won't they be too big to be efficient on grass?

Re: Should be a profit, we’ll take it now.

Posted: Wed Feb 12, 2020 7:22 am
by gcreekrch
Stocker Steve wrote:
Wed Feb 12, 2020 3:13 am
Won't they be too big to be efficient on grass?
Lots of guys put 700 lb cattle on grass and market them at 1050.

Re: Should be a profit, we’ll take it now.

Posted: Wed Feb 12, 2020 12:55 pm
by Stocker Steve
gcreekrch wrote:
Wed Feb 12, 2020 7:22 am
Stocker Steve wrote:
Wed Feb 12, 2020 3:13 am
Won't they be too big to be efficient on grass?
Lots of guys put 700 lb cattle on grass and market them at 1050.
Sure, but won't they be way ahead with putting more 550 lb animals out there at the same lb/acre stocking rate?

Re: Should be a profit, we’ll take it now.

Posted: Wed Feb 12, 2020 10:27 pm
by gcreekrch
Stocker Steve wrote:
Wed Feb 12, 2020 12:55 pm
gcreekrch wrote:
Wed Feb 12, 2020 7:22 am
Stocker Steve wrote:
Wed Feb 12, 2020 3:13 am
Won't they be too big to be efficient on grass?
Lots of guys put 700 lb cattle on grass and market them at 1050.
Sure, but won't they be way ahead with putting more 550 lb animals out there at the same lb/acre stocking rate?
Sometimes not a whole lot of dollar difference between 550 and 700 lbs. And then they finish about now and not in May when the glut is on.

Re: Should be a profit, we’ll take it now.

Posted: Thu Feb 13, 2020 11:59 pm
by Stocker Steve
At what weight will these heifers be finished?

Re: Should be a profit, we’ll take it now.

Posted: Fri Feb 14, 2020 7:57 pm
by gcreekrch
Stocker Steve wrote:
Thu Feb 13, 2020 11:59 pm
At what weight will these heifers be finished?
1300 to 1450 likely.

Re: Should be a profit, we’ll take it now.

Posted: Wed Feb 19, 2020 11:16 pm
by gcreekrch
Well, the scale is down for a few days at the feedlot. Guess we will be paying a feed bill for a few more days and take a little slide for the extra weight. Should be making about $1.50 per head per day for the exercise.

Re: Should be a profit, we’ll take it now.

Posted: Tue Mar 03, 2020 8:53 pm
by gcreekrch
Weighed today, light end averaged 679 and the heavy end weighed 713. 33 cutbacks ave. 658.

Average daily gain was 2.17 ppd from arrival.


It was a far better end experience than last year.