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Re: Is there really a beef shortage? [Re: Gary Benson] #8652712
Yesterday at 04:33 PM
Yesterday at 04:33 PM
Joined: Dec 2006
South shore L.I. N.Y.
G
gcs Offline
trapper
gcs  Offline
trapper
G

Joined: Dec 2006
South shore L.I. N.Y.
What's a steak?, lol

Eating pork, chicken, and some deer, buy chopmeat only on sale, sometimes 3.99 at the local supermarket...I'm getting by...

Re: Is there really a beef shortage? [Re: houndone] #8652716
Yesterday at 04:39 PM
Yesterday at 04:39 PM
Joined: Jan 2018
MN
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper

Joined: Jan 2018
MN
Originally Posted by houndone
Originally Posted by Donnersurvivor
Cost 1.5 million here to get started with 100 cows. Cost $1,200 to produce a calf if your being honest with your numbers. Sell calves for $1,800 each and that's a 4% return on investment.

How many guys are looking to spend 1.5 million to buy themselves a job that pays 4% return on investment?

Though there is less cattle the amount of meat produced has been consistent, demand is up and that drives pricing.

How do you come up with these numbers.iam not saying your not correct but I would like a breakdown.


These are the numbers from my farm, it wont be the same everywhere.

Need 4 acres per cow here 400 acres @$3,000 an acre is 1.2 Million, bred cows $400,000, Need a skidloader or tractor to feed, 4 wheeler, fencing, etc. Realistically $1.5 million is low, I just managed it by getting two really great deals on farms (were at 70 cow capacity but I upped the numbers to 100 to make it simple)

I figure 5 tons of hay per head, we should use a little less but that is not something you want to run short on. So 5 tons of hay $150 a ton =$750.
My land cost is $90 per acre (yes I own the land but that's what it would rent for) so $360 in land cost.
Add in some wormer, ear tag, vaccines, vet visits, fence and gate depreciation and our cost is around $1,200 to produce a calf.

I've had people tell me I shouldn't add my "land cost" in but to me that's just lying to myself on my actual returns, I like my numbers to be as close to correct as I can.


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Re: Is there really a beef shortage? [Re: Gary Benson] #8652722
Yesterday at 04:51 PM
Yesterday at 04:51 PM
Joined: Dec 2006
St. Louis Co, Mo
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BigBob Offline
trapper
BigBob  Offline
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Joined: Dec 2006
St. Louis Co, Mo
I was raised on Hamburger, but it wasn't $7 a lb! Haven't bought any cow in a couple of years. mad


Every kid needs a Dog and a Curmudgeon.

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Beware! Jill Pudlewski, Ron Oates and Keven Begesse are liars and thiefs!
Re: Is there really a beef shortage? [Re: Gary Benson] #8652749
Yesterday at 06:24 PM
Yesterday at 06:24 PM
Joined: Mar 2013
IL
H
houndone Offline
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houndone  Offline
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Joined: Mar 2013
IL
Ok so it cost you 1200 according to you and your selling for 1800 to me that's 50% on your investment.when you retire or get tired of doing it you still have the land which you admit getting a good deal on(will more then likely go up in price) plus the machinery and whatever livestock you have left.maybe iam missing something but if every farmer were selling calves for less then 1750 roughly (which by the way a couple years ago they were alot less) every farmer would of went bankrupt.

Re: Is there really a beef shortage? [Re: houndone] #8652752
Yesterday at 06:29 PM
Yesterday at 06:29 PM
Joined: Jan 2018
MN
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper

Joined: Jan 2018
MN
Originally Posted by houndone
Ok so it cost you 1200 according to you and your selling for 1800 to me that's 50% on your investment.when you retire or get tired of doing it you still have the land which you admit getting a good deal on(will more then likely go up in price) plus the machinery and whatever livestock you have left.maybe iam missing something but if every farmer were selling calves for less then 1750 roughly (which by the way a couple years ago they were alot less) every farmer would of went bankrupt.


50%!? My brother in christ please make sure you hire a good accountant for taxes.


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Re: Is there really a beef shortage? [Re: midlander] #8652757
Yesterday at 06:43 PM
Yesterday at 06:43 PM
Joined: Apr 2007
ohio
Ohio Wolverine Offline
trapper
Ohio Wolverine  Offline
trapper

Joined: Apr 2007
ohio
Originally Posted by midlander
Speed beef replaced beef at my place several years ago...even before the price hike of beef. Supplement with home raised pork and walleye filets and I dont even miss beef. If on occasion we want to grab a couple ribeyes for the grill or a brisket for the smoker, we do... I come from a farming background, but not a lot of sympathy for farmers since they started getting all their subsidies (welfare). If they cant make a go of it on their own, time to find something else to make a living at....


You're on the right track there.
I remember when the government gave home and farm loans out like candy.
Didn't care about how it would be paid back.
The goal was to get rid of small farmers, and back huge farms , while selling the reprocessed land/farms at cheap auctions.
Now you see nothing but housing developments where farms were.
More tax money for a home than a farm. Now put 100's of homes on that farm land, who gets the profit?


We have met the enemy and the enemy is us!
Re: Is there really a beef shortage? [Re: Gary Benson] #8652761
Yesterday at 07:11 PM
Yesterday at 07:11 PM
Joined: Nov 2007
St. Cloud, MN
trapperkeck Offline
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trapperkeck  Offline
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Joined: Nov 2007
St. Cloud, MN
Best value in beef right now is prime ribeye loin. That's what I'm having for dinner.
[Linked Image]


"The voice of reason!"
Re: Is there really a beef shortage? [Re: Donnersurvivor] #8652764
Yesterday at 07:16 PM
Yesterday at 07:16 PM
Joined: Mar 2013
IL
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houndone Offline
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houndone  Offline
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Joined: Mar 2013
IL
Originally Posted by Donnersurvivor
Originally Posted by houndone
Ok so it cost you 1200 according to you and your selling for 1800 to me that's 50% on your investment.when you retire or get tired of doing it you still have the land which you admit getting a good deal on(will more then likely go up in price) plus the machinery and whatever livestock you have left.maybe iam missing something but if every farmer were selling calves for less then 1750 roughly (which by the way a couple years ago they were alot less) every farmer would of went bankrupt.


50%!? My brother in christ please make sure you hire a good accountant for taxes.

1200 for investment 1800 selling price.1800-1200=600,1200-600 =600 that's 50% in my books.

Re: Is there really a beef shortage? [Re: Gary Benson] #8652769
Yesterday at 07:28 PM
Yesterday at 07:28 PM
Joined: Jan 2018
MN
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper

Joined: Jan 2018
MN
Let me do this simpler...

$1.5 Millon invested
$60,000 yearly profit
4% annual return on investment and you have to actually do the work

Would you invest $1.5 million dollars to buy yourself a $60,000 a year job?


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Re: Is there really a beef shortage? [Re: Gary Benson] #8652779
Yesterday at 07:38 PM
Yesterday at 07:38 PM
Joined: Aug 2008
Sumner, Mo.
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claycreech Offline
trapper
claycreech  Offline
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Joined: Aug 2008
Sumner, Mo.
Cattlemen are finally making a good wage after many, many years of struggling. The guvment should keep their noses out of the cattle market. Free trade will take it where it should be.
My daughter and son in law have a 100 mama cow operation on top of both working good full time jobs. We all voted for Trump 3 times, but he’s screwed the cattlemen big time with this beef deal.

Re: Is there really a beef shortage? [Re: mississippiposse] #8652780
Yesterday at 07:38 PM
Yesterday at 07:38 PM
Joined: Jan 2026
Ar
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Missedagain32 Offline
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Joined: Jan 2026
Ar
Heck I eat a lot of what we kill wild pigs, deer, rabbits, squirrel and dove.
I’ve tried beaver before but I think I may start trying it more often. The bobcat meat looks good but I haven’t went there yet.

Re: Is there really a beef shortage? [Re: claycreech] #8652796
Yesterday at 08:25 PM
Yesterday at 08:25 PM
Joined: Apr 2007
ohio
Ohio Wolverine Offline
trapper
Ohio Wolverine  Offline
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Joined: Apr 2007
ohio
Originally Posted by claycreech
Cattlemen are finally making a good wage after many, many years of struggling. The guvment should keep their noses out of the cattle market. Free trade will take it where it should be.
My daughter and son in law have a 100 mama cow operation on top of both working good full time jobs. We all voted for Trump 3 times, but he’s screwed the cattlemen big time with this beef deal.


That may be, but didn't he also find ways to help the farmer?

Remember farmers aren't the only ones being effected by what's going on.
And inflation started long before he took office.
I still say let it ride out, Rome wasn't built in a day.


We have met the enemy and the enemy is us!
Re: Is there really a beef shortage? [Re: Gary Benson] #8652807
Yesterday at 08:53 PM
Yesterday at 08:53 PM
Joined: Jan 2025
NC
J
Joco1995 Offline
trapper
Joco1995  Offline
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J

Joined: Jan 2025
NC
Donner and Clay have nailed it here. Markets go up and down, when grain was high and cattle lower years ago it cost a fella more to feed them with extremely tight margins. In my area I don't know of a cow man that's benefiting from any subsidies either. Anytime farming is mentioned on this site somebody hollers welfare lol. All of those $2000 calves yall are counting going down the road don't live to maturity with sickness and such. Not trying to offend, carry on and always remember you can go to the sale barn and get in on the action also.

Re: Is there really a beef shortage? [Re: Ohio Wolverine] #8652808
Yesterday at 09:04 PM
Yesterday at 09:04 PM
Joined: Nov 2019
Michigan
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Thumbian Offline
trapper
Thumbian  Offline
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T

Joined: Nov 2019
Michigan
I don’t have much sympathy for big farmers in my area as they are definitely living well. But for average size (500 head or less of steers) farmers who need to buy at these prices carry a high risk factor. It takes about 18 months minimum to get a steer to market. Market can change a lot over that time. Something to remember is just because prices are high that does mean the profit is high, buying Holstein calf at $2k does not equate to record profit. The bigger farmers can ride market fluctuations but at these prices a market correction can easily sink the “average” farmer.

Re: Is there really a beef shortage? [Re: Gary Benson] #8652810
Yesterday at 09:06 PM
Yesterday at 09:06 PM
Joined: Dec 2006
Very SE Nebraska
G
Gary Benson Offline OP
trapper
Gary Benson  Offline OP
trapper
G

Joined: Dec 2006
Very SE Nebraska
Grain farmers get price support. Livestock producers do not.


Life ain't supposed to be easy.
Re: Is there really a beef shortage? [Re: Gary Benson] #8652811
Yesterday at 09:08 PM
Yesterday at 09:08 PM
Joined: Dec 2006
Very SE Nebraska
G
Gary Benson Offline OP
trapper
Gary Benson  Offline OP
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Joined: Dec 2006
Very SE Nebraska
80 acres of river bottom ground east of town here just sold for a little under a million dollars.


Life ain't supposed to be easy.
Re: Is there really a beef shortage? [Re: Gary Benson] #8652812
Yesterday at 09:14 PM
Yesterday at 09:14 PM
Joined: Jun 2010
Iowa
~ADC~ Offline
The Count
~ADC~  Offline
The Count

Joined: Jun 2010
Iowa
There is a shortage of it in my freezer. laugh but it's never down to none.

Re: Is there really a beef shortage? [Re: Gary Benson] #8652850
Yesterday at 10:49 PM
Yesterday at 10:49 PM
Joined: Apr 2007
ohio
Ohio Wolverine Offline
trapper
Ohio Wolverine  Offline
trapper

Joined: Apr 2007
ohio
Local store has ground chuck @$4.69 lb , bonless ribeye steaks @$9.99 lb.
Hereford USDA certified beef.
Big box stores around here want $ 7.69 lb ground beef, and $19,99 lb for ribeye steaks
Have no idea if it's shipped from South America or not.
I'll find out if I can.
Brother said it's good tasting meat.
I'll stock up on it as best I can.

Pork under $ 2.00 a lb.

Last edited by Ohio Wolverine; Yesterday at 10:52 PM.

We have met the enemy and the enemy is us!
Re: Is there really a beef shortage? [Re: Gary Benson] #8652860
Yesterday at 11:09 PM
Yesterday at 11:09 PM
Joined: Aug 2011
james bay frontierOnt.
B
Boco Offline
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Joined: Aug 2011
james bay frontierOnt.
High incidence of mad cow in SA beef.


Forget that fear of gravity-get a little savagery in your life.
Re: Is there really a beef shortage? [Re: Boco] #8652863
Yesterday at 11:15 PM
Yesterday at 11:15 PM
Joined: Apr 2007
ohio
Ohio Wolverine Offline
trapper
Ohio Wolverine  Offline
trapper

Joined: Apr 2007
ohio
Originally Posted by Boco
High incidence of mad cow in SA beef.


Do Canadians get mad cow ?
Seems I remember Canada was where it came from.


We have met the enemy and the enemy is us!
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