Need Some Help Here

Discussion in 'Beef Cattle Discussion' started by Buckaroo, Dec 14, 2014.

  1. Buckaroo

    Buckaroo New Member

    5
    0
    0
    Ok, so I am thinking of getting into cattle. I don't know a whole lot about cattle. I was looking at the market report in Galt on beef cattle. My problem is, how do you read it? It says something like this.

    Feeder Steers

    400-500 lbs. 270.00-302.00

    What I want to know is what does the numbers on the right mean? Is saying that you get $270 per a steer? Or a lb? Or what? If it's in $ it don't seem right that it's only $270-302 a steer. It just don't seem right..? Any help would be appreciated a lot? Thanks!
     
  2. DoubleR

    DoubleR Repro Lover

    554
    0
    0
    $2.70 a pound to $3.02 a pound for 400-500 weight steers
    Takes a while to learn all the lingo etc. Keep asking questions and you'll be a pro in no time ;)
     

  3. Buckaroo

    Buckaroo New Member

    5
    0
    0
    Thanks for the help!
     
  4. DoubleR

    DoubleR Repro Lover

    554
    0
    0
    Anytime :) That's what we're here for. :)
     
  5. RanchWife

    RanchWife New Member

    102
    0
    0
  6. gumcreek

    gumcreek New Member

    13
    0
    0
    It means 270 to 302 per 100 pounds. Or you can move the decimal over and call it 2.70 to 3.02 a pound.
     
  7. rene

    rene New Member

    297
    0
    0
    $270-302 per hundred lbs