calfs selling like crazy!

Mironsfarm · #1 07/21/12, 03:09 PM

i have been buying and selling calfs for a about 1 1/2 now and it just seems in the last 2 months people are buying them like crazy i got 10 in last week and someone came today and bought them all! and wanted more... never had that before but as soon as get them in people are coming from all over to get them as fast as i can get them in. the guy that just came and got the last bulls i had drove 1 hour to get them. i usally keep them for a week to make sure they dont get sick and then re sell them. is there something going on that i dont know about?

agmantoo · #2 07/21/12, 03:46 PM

Mironsfarm

Do think the projected high price of beef in the near future has prompted the buyers to grow their own or maybe they plan on profiting on future sales?

rancher1913 · #3 07/21/12, 07:55 PM

some people around here are selling their herds and buying calf's. they have enough feed to get a group of calf's through the winter but not cows, they figure to start from scratch with calf's which might pay off if heifers skyrocket after the drought. remember it always rains after a drought.

Mironsfarm · #4 07/21/12, 08:55 PM

i only paying 50 for bulls and keeping them a week and selling them for 150 and as soon as i list them i sell them in a day or too just didnt know if i missed something on the tv snice we dont have cable or anything like that but i hope it stays like this for a while.

JPiantedosi · #5 07/21/12, 10:51 PM

I heard talk of $12 corn pushing the cost of pork and beef to near tripple in the stores, but thts just farmers talking in the coffee shop.

Jim

bruce2288 · #6 07/22/12, 12:20 PM

Depending on the area and condition of the corn, a lot of silage might be made by farmers who do not usually have much livestock. Shipping silage is not usually cost effective as it is about 65% water. Cheaper to move the cattle to the silage.

rockhound · #7 07/22/12, 02:10 PM

If your calves are selling that fast, your price is too low.

ycanchu2 · #8 07/22/12, 10:15 PM

Corn won't go thru the roof IMO. Unless gas gets really high. I think it is probably too high(corn) almost right now to be profitable to make ethanol. When too many ethanol plants close down or go out of business corn will start coming down....may take a year or two.
There are too many other crops out there that are far more economical to make ethanol out of than corn. That is just my opinion.

PaulNKS · #9 07/23/12, 09:31 AM

Quote:

Originally Posted by ycanchu2

Corn won't go thru the roof IMO. Unless gas gets really high. I think it is probably too high(corn) almost right now to be profitable to make ethanol. When too many ethanol plants close down or go out of business corn will start coming down....may take a year or two.
There are too many other crops out there that are far more economical to make ethanol out of than corn. That is just my opinion.

There really isn't enough ethanol produced in this country to effect major swings in the corn markets.

ycanchu2 · #10 07/23/12, 01:16 PM

Quote:

Originally Posted by PaulNKS

There really isn't enough ethanol produced in this country to effect major swings in the corn markets.

They say that ethanol plants take 40 % of the market, not to mention the ethanol plants overseas buying our exported corn. I may be wrong, but I believe that something will burst this corn bubble. Whatever goes up usually comes down sometime. I look for corn to probably get some higher maybe due to drought. Then after all of the ethanol plants shut down because of economics, they are going to figure out how to do it profitably with switchgrass, sugarcane, etc. I am not a prophet but I think something will bring it down sooner or later.

bruce2288 · #11 07/23/12, 06:29 PM

ycanchu2, you are absolutely right about the corn price comeing down in a year or two. It does not require ethanol plants to close. It requires a good crop next year, that simple. One thing high prices almost always produces is an increase in planted acres of that crop. The chances of $8 corn next harvest are slim unless we have another major yeild disaster.

PaulNKS · #12 07/24/12, 08:46 AM

Quote:

Originally Posted by ycanchu2

They say that ethanol plants take 40 % of the market, not to mention the ethanol plants overseas buying our exported corn. I may be wrong, but I believe that something will burst this corn bubble. Whatever goes up usually comes down sometime. I look for corn to probably get some higher maybe due to drought. Then after all of the ethanol plants shut down because of economics, they are going to figure out how to do it profitably with switchgrass, sugarcane, etc. I am not a prophet but I think something will bring it down sooner or later.

In 2011, it was only 27% worldwide. Corn prices will continue to rise into next Spring. If weather cooperates at planting the prices may drop a bit. If there is a good crop next year, the prices will come down, but it won't be like a "bubble bursting." In our area, we've had two years of bad corn crops.