cow/calf prices?

[ASRG]

A neighbor told me some very good younger cows with two week old calves sold yesterday at Innisfail for $2150!
Now that seems a pretty dear price to me.
What do others think?

[Horse]

I sure wopuld like to see the math behind such a decision, unless you have a grazing lease and need some cows to keep the oil revenue rolling in.
Three weeks ago a neibour bought 15 cows at westlock average 1600$ so far he has lost 2calves and 1 cow but back to work for 3 weeks and he has another 30 thousand so it dont hurt him but I rthink he didnt plan on such losses but sh## hapens and by the way I think they were very poor cows.

[15444]

Not out of line at $2150. That's last years prices for breds in Iowa. This country eventually catches up to the real world.

From what I have read, breds are to be contracted from $2300 to $2500 for fall delivery in parts of the US. So maybe fall 2013 will be ok here.

[ALLFARMER]

IF you sell the calf in the fall for $1000 you still
have $1100 in the cow.....buyer must have grass
to give away.

[ASRG]

Horse: In my local paper there is a grazing lease up for auction near Caroline Alberta?
It is: Grazing lease No. 16890
S 1/2 36 36 6 W5m
Renewal date-Aug 31/14
96 AUM
Lease fees- $222.72
2011 taxes- $44.91
-spring fed creek across property. 105 improved meadows, rest in natural meadows and aspen, spruce, tamarack and pine trees.
-perimeter fenced with four strand barbed wire.
-no mention of oil & gas lease revenue.

[ASRG]

Allfarmer: Just wondering what you see as a good price for bred heifers this fall? I saw some fairly good heifer calves sell two weeks ago for close to $1200....the buyer sells bred heifers in the fall.

If he puts 7 months of feed in them (pasture) at $20/month = $140? Bull costs $35? Vet costs $15? salt/min $10? Selling costs/trucking $30? Something for interest? Maybe some death loss? Let's say $1450 in them by sale day?

A good rule of thumb is 15% profit (or why bother?) for a year...so 8% or $116? They should bring $1566?

If 1544 is correct that is going to be a cheap price.

[grassfarmer]

More cowboy arithmetic.
Allfarmer you say $1000 calves in the fall but in the
example they were two weeks calved. You must be
expecting a huge increase in calf prices this fall
compared to last year to make a late April born calf
worth $1000.
ASRG, show me where anyone in CDN agriculture is
making a 15% profit assuming you are basing this on
total assets including property values. I'd love to learn
from them.

[ASRG]

grassfarmer: You are correct on the agriculture profit picture. I was using general contractor "profit principals" with the 15%.

[ALLFARMER]

Went innisfail auction market for u boys market
report on the net. 900 lb heifers 0.90 to 1.30 so
that averages 1.1 lb that's a $990 animal these
2100$ pair buyers still need to grass that calf all
summer to maybe get 1000$ so their paying
1100 to 1200 for a 990$ animal

[ALLFARMER]

Also says on the innisfail site 1000 to 1600 for
bred cows 1900 to 2200 for pairs.
So a 1600$ bred cow 2200 as a pair so $600 to
calve out 1 cow wow I'd watch a calf being born
for $600