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harris25 Member

Joined: 23 Mar 2009 Posts: 11 Location: harrisburg, nebraska
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Posted: Mon Feb 08, 2010 9:49 pm Post subject: Summer grazing of steers |
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| 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?
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Northern Rancher Rancher

Joined: 10 Feb 2005 Posts: 9757 Location: saskatchewan
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Posted: Mon Feb 08, 2010 9:54 pm Post subject: |
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| 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.
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RMUG Member

Joined: 19 Aug 2007 Posts: 62 Location: Idaho
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Posted: Mon Feb 08, 2010 10:30 pm Post subject: |
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| 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
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Silver Rancher

Joined: 23 Mar 2005 Posts: 2456 Location: BC
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Posted: Tue Feb 09, 2010 12:44 am Post subject: |
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| 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.
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Ben H Rancher

Joined: 20 Mar 2006 Posts: 1371 Location: Gorham, ME
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PATB Member

Joined: 10 Apr 2009 Posts: 205 Location: Turner, Maine
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Posted: Tue Feb 09, 2010 6:57 am Post subject: |
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| 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.
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PATB Member

Joined: 10 Apr 2009 Posts: 205 Location: Turner, Maine
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Posted: Tue Feb 09, 2010 7:02 am Post subject: |
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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.
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Blkbuckaroo Rancher

Joined: 21 Feb 2008 Posts: 2693 Location: Northern California
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Posted: Tue Feb 09, 2010 7:39 am Post subject: |
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Thanks for the link,those all look like good books.
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BRG Rancher

Joined: 20 Apr 2005 Posts: 1125 Location: North Western SD
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greybeard Member

Joined: 10 Mar 2005 Posts: 47 Location: sask
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Posted: Tue Feb 09, 2010 9:08 am Post subject: |
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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!
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bverellen Member

Joined: 09 Apr 2007 Posts: 148 Location: Knee Deep in Gators, Skeeters and Cows!!
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Posted: Tue Feb 09, 2010 10:04 am Post subject: |
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| 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.
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RSL Member

Joined: 19 Dec 2008 Posts: 481 Location: 48 5W4
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Posted: Tue Feb 09, 2010 10:18 am Post subject: |
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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).
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