Sunday, November 6, 2011

$1 Value of Gain

From a recent article: (link)

"For those operations able to retain cows, the price of calves should be at levels significantly higher than in early 2011 when 400- to 500-pound steer calves sold for $170 per cwt. For stocker operations, the price relationship between calf value and feeder value should still allow for value of gain to exceed $1 per pound with price opportunities much higher than that when markets fluctuate. The challenge will be to maintain production costs so that profits can be attained."