Looking at the sale barn results

Fats only brought $1.38 top here this week. Pencil that out with $2 a pound eight weights????? There are a whole bunch of people going to lose their shorts on these high price feeder cattle right now. I know of one fellow that figures he will lose $250 per head on a group of 500.

Milking is not much better either right now. Some fellows road the market up and drove the prices of things out of a profitable range.
 
That's what I heard after the January it's supposed to be more normal. I usually buy calves private (discount for cash ) but this year I told them to take there calves to the sale barn I know that the would have given me a deal on them but with the prices offered at the sale barns take it. I baled the hay instead of grazing so when the price gets normal I can buy a few more or sell the hay
 
Market cycles are the reason to sell/buy in the cattle business, you can only lose money once and you might make it back the next time.
 
The fellow who figures go lose 250 per head and is still pouring the feed to that pen of cattle needs a sharper pencil, he will never average his losses down by continued feeding but he can sell them now as heavy feeders and at least limit his loss then buy back in on a new calf cycle if he has plenty of feed.
 
LAA he is too far along. His cattle will weight 1100 or so. Those weight cattle around here get discounted heavily. He would get little more than fat price for them if that. HE ahs always done cattle this way. He hits high markets and brags about big profits only to lose that when they fall. You can't fix stupid marketing. His brothers lost their entire operation doing the same thing about 10 years ago. They had to sell all the equipment and livestock to hold on to the land. They rent it out and work in town now.
 

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