Ranchers.net Bull Session
Log in Register Ranchers.net Ranchers.net's Bull Session Forum Index FAQ Memberlist Search


Summer grazing of steers
Goto page 1, 2, 3  Next
 
Post new topic   Reply to topic    Ranchers.net's Bull Session Forum Index -> Ranch Talk
Author Message
harris25
Member
Member


Joined: 23 Mar 2009
Posts: 16
Location: harrisburg, nebraska

PostPosted: Mon Feb 08, 2010 9:49 pm    Post subject: Summer grazing of steers Reply with quote

I am looking at maybe buying some steers in april running them on grass during the summer and selling them in October or taking them to a feedlot to finish them out on a cost-share basis. What are your guys thoughts is there a way to make money on doing this?


Back to top
Northern Rancher
Rancher
Rancher


Joined: 10 Feb 2005
Posts: 12235
Location: saskatchewan

PostPosted: Mon Feb 08, 2010 9:54 pm    Post subject: Reply with quote

Bud williams puts ona pretty good three day seminar on just how top go about makinmg money on them. There's alot of variables involved but there can be good money in running yearlings.


Back to top
RMUG
Member
Member


Joined: 19 Aug 2007
Posts: 98
Location: Idaho

PostPosted: Mon Feb 08, 2010 10:30 pm    Post subject: Reply with quote

I won't be buying any as I already have them, they calved in September and I will wean them, keep them thru the summer on grass and sell in the Fall. I reckon it'll be pretty darn good this year


Back to top
Silver
Rancher
Rancher


Joined: 23 Mar 2005
Posts: 3531
Location: BC

PostPosted: Tue Feb 09, 2010 12:44 am    Post subject: Reply with quote

My experience is that grassers are bought high on rancher optimism and sell in the realities of the market place in the fall. I think the only way to make a reasonably consistant dollar on grassers is to raise them yourself if you have the hay to winter them and the grass to summer them. Just my thoughts.


Back to top
Ben H
Rancher
Rancher


Joined: 20 Mar 2006
Posts: 1729
Location: Gorham, ME

PostPosted: Tue Feb 09, 2010 5:40 am    Post subject: Reply with quote

Buy these books, the last isn't related but might as well.

http://www.powerflexfence.com/catalog01.25.html


Back to top
PATB
Member
Member


Joined: 10 Apr 2009
Posts: 335
Location: Turner, Maine

PostPosted: Tue Feb 09, 2010 6:57 am    Post subject: Reply with quote

Ben what is your target market in the fall? Will the animals be age, source verified, breed makeup and will they be natural/meet pineland meat protocoll? The above greatly affects final price in fall. Have you look into custom grazing for pineland or working with kevin woltemath? There is more money to be made feeding light weights over the winter if you have the feed and facilities.


Back to top
PATB
Member
Member


Joined: 10 Apr 2009
Posts: 335
Location: Turner, Maine

PostPosted: Tue Feb 09, 2010 7:02 am    Post subject: Reply with quote

Ben H wrote:
Buy these books, the last isn't related but might as well.

http://www.powerflexfence.com/catalog01.25.html


Hazard's book has a good idea "take plain calves and wean, castrate, vacinate to local protocol and get them started to resell". There is alot of money left on the table by producers who do not wean, castrate, dehorn and vacinate calfs in this state.


Back to top
Blkbuckaroo
Rancher
Rancher


Joined: 21 Feb 2008
Posts: 3057
Location: Northern California

PostPosted: Tue Feb 09, 2010 7:39 am    Post subject: Reply with quote

Ben H wrote:
Buy these books, the last isn't related but might as well.

http://www.powerflexfence.com/catalog01.25.html
Thanks for the link,those all look like good books.


Back to top
BRG
Rancher
Rancher


Joined: 20 Apr 2005
Posts: 1575
Location: North Western SD

PostPosted: Tue Feb 09, 2010 7:44 am    Post subject: Reply with quote

Just watch the market. It seems that ussually their is a point when yearlings coming off grass, are really high priced and you may do better selling them then instead of sending them to a lot. Take a buck when you can Smile


Back to top
greybeard
Member
Member


Joined: 10 Mar 2005
Posts: 125
Location: sask

PostPosted: Tue Feb 09, 2010 9:08 am    Post subject: Reply with quote

Silver gives some very good advice. read it carefully.
Last spring the market for grass calves looked hot so I picked a load of steers out of my own that I was intending to grass over summer. They returned over $800 dollars in early may. Unfortunately ,I kept 2 loads, added about 200#, and sold them for $100 less. Finished steers were under $1000 at the time.
It can be good if selling into a rising market but very bad if selling into a falling market.
I think the Bud Williams method is simply buy back the best available value on the day you sell and your profit is the difference in price paid/ sold.He also advocates buying at a low priced market and selling at a higher priced one as pat is suggesting.
Good luck, but don't bet the farm!


Back to top
bverellen
Member
Member


Joined: 09 Apr 2007
Posts: 236
Location: Knee Deep in Gators, Skeeters and Cows!!

PostPosted: Tue Feb 09, 2010 10:04 am    Post subject: Reply with quote

Silver wrote:
My experience is that grassers are bought high on rancher optimism and sell in the realities of the market place in the fall. I think the only way to make a reasonably consistant dollar on grassers is to raise them yourself if you have the hay to winter them and the grass to summer them. Just my thoughts.



Why not sell some into the "Rancher's Optimism" in late winter or early spring when the market is higher?

BTW, great thread!!!

bart.

<><


Back to top
RSL
Rancher
Rancher


Joined: 19 Dec 2008
Posts: 1202
Location: 48 5W4

PostPosted: Tue Feb 09, 2010 10:18 am    Post subject: Reply with quote

Just do the math and pay close attention to the markets. Things are really volatile (bouncy) in Canada so yearlings are not for the faint hearted.
We grass a few, have bought grassers in the past and try to sell when there is profit. Last year despite our plans to grass all our calves the price reached a point that was well above our projected profits. That was in March before the grass was growing so we pulled the marketing trigger and only grassed a few later calves. There are usually peaks in early spring for calves to go to grass and August for calves coming off.
KNOW YOUR BREAKEVEN!!! It's OK to leave some grass behind if the profit is there. If you have time and a bit of patience there is real money in upgrading cattle (buying tailenders, age verifying, dehorning, castrating, vaccinating, etc).


Back to top
Display posts from previous:   
Post new topic   Reply to topic    Ranchers.net's Bull Session Forum Index -> Ranch Talk All times are GMT - 6 Hours
Goto page 1, 2, 3  Next
Page 1 of 3

 




Powered by phpBB
Copyright © 2001-2011 Ranchers.net
All times are GMT - 6 Hours