a 1000 pound live weight steer at $1.50 per pound would gross $1500, right? $1500 for a 650 pound carcass is $2.31 per pound, for a 600 pound carcass is $2.50 per pound. Your multiplier varies from 1.54 to 1.67, depending on yield.
I always sell by hanging weight; the butchers scale seems more accurate to me and my customers. Plus, the butcher charges by the pound hanging weight, so we are working with the same number, easier to understand for some people.
I sold for $3.25 per pound hanging this spring, which was not enough to buy back the same number of animals from "my guy", who went up to $2.79 per pound live weight for the stockers... :(
Good place to be, waiting list of customers, but now not enough money to buy even the same number of animals- I have to cull some customers, or maybe, just raise the price high enough to let them cull themselves. When I see Aldi's selling steaks for $6.99 per pound, I figure I must be too cheap.
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Today's Featured Article - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
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