{"id":1249,"date":"2010-12-31T19:39:16","date_gmt":"2010-12-31T19:39:16","guid":{"rendered":"http:\/\/stockmanship.com\/?p=1249"},"modified":"2023-09-24T14:04:33","modified_gmt":"2023-09-24T19:04:33","slug":"more-good-news","status":"publish","type":"post","link":"https:\/\/stockmanship.com\/?p=1249","title":{"rendered":"More Good News"},"content":{"rendered":"<p><strong><em>Comment from a student:\u00a0\u00a0\u00a0\u00a0 <\/em><\/strong>The last 4 months of the year were interesting with respect to the cattle markets and marketing. By focusing on the cornerstone of your marketing method [buy the under valued and sell the over valued and let the market tell you what to do]\u00a0 we were able to replace our cattle off grass with lighter cattle.\u00a0 Early in the fall the steer heifer spread was wide so we were buying\u00a0\u00a0 60% strs to 40% heifers.\u00a0 As the over all price of calves went up that price gap narrowed and we went to 90-95% strs.\u00a0\u00a0 Calf prices continued to rise, we were selling calves and replacing them with lighter calves.\u00a0 By the middle of November calf prices were high enough to let us sell calves and trade for solid mouth May calving cows[one for one]. This\u00a0 let us still get the best calf buys and finish loads with cows.\u00a0 Lately cow prices have shot up so it looks like we will sell cows and replace with calves , our winter fed bill paid and profit in the bank.\u00a0 The moral of the story is to have confidence in\u00a0 using the principles of Bud&#8217;s marketing regardless of price direction.\u00a0\u00a0 It can be just as hard to sell in a down market as it is to buy in an up market.\u00a0 In the last 2 years we have become more willing to shift our inventory from\u00a0 calves to cows and vise-versa, taking advantage of the price spread between the two. This year bred cow values lagged the price increase in calves.\u00a0 Creating opportunity.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Thanks for opening our eyes, your friends . . . .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Comment from a student:\u00a0\u00a0\u00a0\u00a0 The last 4 months of the year were interesting with respect to the cattle markets and marketing. By focusing on the cornerstone of your marketing method [buy the under valued and sell the over valued and let the market tell you what to do]\u00a0 we were able to replace our cattle [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,16],"tags":[],"class_list":["post-1249","post","type-post","status-publish","format-standard","hentry","category-marketing","category-testimonials"],"_links":{"self":[{"href":"https:\/\/stockmanship.com\/index.php?rest_route=\/wp\/v2\/posts\/1249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockmanship.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockmanship.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockmanship.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockmanship.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1249"}],"version-history":[{"count":3,"href":"https:\/\/stockmanship.com\/index.php?rest_route=\/wp\/v2\/posts\/1249\/revisions"}],"predecessor-version":[{"id":1275,"href":"https:\/\/stockmanship.com\/index.php?rest_route=\/wp\/v2\/posts\/1249\/revisions\/1275"}],"wp:attachment":[{"href":"https:\/\/stockmanship.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockmanship.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockmanship.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}