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Re: NE corn stocks
I remember one year back in the mid 80's we round baled over 1000 acres of wheat stubble that had fire weeds about 1' to 1-1/2' tall. I can't remember how many bales we ended up with but it was well over 3000. We ran every bale through our tub grinder and blended it with about 10% to 15% sorghum silage and feed it through our mixer box. We supplemented protein tubs. Depending what it was being feed to either pregnant cows or yearling calves as each of those herds was presented a different type of protein. Every morning, the bunks were clean, I would say less than 5 % waste and cattle wouldn't hardly touch the alfalfa bales that were available in other feeders. Can't recall exactly what the calves gained a day, but I know it was over 1#. Didn't hardly have any issues with new born calves that year either. The key is you've got to find the right mix that the cattle will eat, and that year we nailed it on the head. Ah, the memories of high school. Good times, Good times.
FWIW, I stacked every bale with a open station 930 case and a single 3pt. bale fork. Best summertime sun tan I every had.
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Re: NE corn stocks
Yes Faust, if it doesn't rain this spring, both the cattle and hog operations in Iowa will be in for some "FUN" times. I am a 50% owner in a hog operation on one of my farms and feeding what could be $9 corn to hogs will be very interesting time, don't think $9 corn and current hog prices will pencil out very well. It to be that hogs were always the mortgage lifter for Iowa farms, but a possible $9 corn price will not let that happen. Oh well.
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Re: NE corn stocks
Yes, corn stocks could very well be short, but my contention is that $8 corn does not work for anyone. Consequently, many will find a way NOT to use it or some phantom alternative. Feeding $8 corn to cattle is going to take a price well north of $2 (in the meat) to work, gas is going to have to jmp to improve ethanol margins, and chicken , egg , and milk prices need to and probably will go up. The much talked about "demand destruction" looks to be alive and well. I can't figure out the hog industry tho. still putting up new barns in my area. Is it a big game of "chicken" to see who can outlast each other? We currently have a +.07 basis at our little coop and maybe 7.30 cash corn is a gift that we're turningup our nose at.
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Re: NE corn stocks
Most of he feeders around here, locked in 80-90% of what they thought they'd feed @ around $5 per bushel.
The one close to me that I visit with once in a while says that If they have a steer fed out to within a couple weeks of slaughter, they are better off buying a little bit of $8 corn, than change the ration. However, if corn goes to $8, he also said, they will look into alternative feeds, and cut down corn use 10% or more when it gets close to $8, if they can make a ration that works, and not have to buy any at that price.
The impression I got, was that if corn spikes up past $8 soon, they won't buy any. However, if it stays where it is another 2 months, he thinks he might be better off just biting the bullet, and buying a little at that price, and maybe selling his steers a little lighter.
Either way, he already has a plan.
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Re: NE corn stocks
The gas prices are starting to jump its went up .22 in the last week and a half in NE Nebraska this should help ethanol some.
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Re: NE corn stocks
that is a good point, Redpower.
i follow many commodities - the energy complex is poised for a substantial move higher over the next few months................................this should help corn usage remain at least stable with ETOH
c-x-1
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