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Author Topic: Making money with show calves, there really is a profit?  (Read 12071 times)

Offline simtal

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Making money with show calves, there really is a profit?
« on: September 11, 2008, 04:59:48 PM »
I noticed on this board that there are many folks that try to pencil out profit with jr projects.  I find that really interesting because most people NEVER made one dime with their projects.    I particularly amazed that  some people not only make money but produce a profit.  I didn't know that was common. Even the notion that purchase price of the calf is not dictated by how much someone can afford (in the sense of how much they could borrow) but by if that could make a profit.  Is this just a rare coincidence or am not alone?
....Now, they always, in the direst of circumstances, every time liberalism fails, which is every time it's tried, at some point you reach a catastrophe.....

Offline Jill

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Re: Making money with show calves, there really is a profit?
« Reply #1 on: September 11, 2008, 05:05:46 PM »
I don't remember anyone saying a Jr. project was profitable, did I miss that thread?

Offline renegade

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Re: Making money with show calves, there really is a profit?
« Reply #2 on: September 11, 2008, 05:11:39 PM »
They usually arent lol! But the way I look at it is if Im not paying 2 or 3 grand to start with for "the great one" I can still find a really really good calf and at least break even or lose less and still do super well.  For example my friend josh and I got steers from this guy who runs hundreds of calves and raises them to slaughter.  They are not necessarily clubby or any specific type  - just beef calves - not where most kids would look for their Grand champion steer right? Well we got the calves for 700 each and I got top 10 and he placed reserve! He got $3 a pound and made some money.
« Last Edit: September 11, 2008, 05:12:19 PM by renegade »

Offline Ruchian

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Re: Making money with show calves, there really is a profit?
« Reply #3 on: September 11, 2008, 05:30:52 PM »
I made a profit at a county fair level every year.  I do base how much  I spend on how much I think I can get at the end of the year.  It also helps that grand champion at my county usually got 25k to 35k, although it was only about 20k this year.  While I was never grand, I did win some classes.  Unlike renegade, I did pay over 2k and was still able to make money.
Dusty M.

Offline Dusty

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Re: Making money with show calves, there really is a profit?
« Reply #4 on: September 11, 2008, 05:41:57 PM »
Club calves are like Race Horses...  The easiest way to make a small fortune is to start with a large one...
"If you see a opossum, try and kill it, it's not a pet...."

Offline showjock1921

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Re: Making money with show calves, there really is a profit?
« Reply #5 on: September 11, 2008, 06:20:24 PM »
Show calves are less costly than show horses, who needs a profit when kids are having fun and staying out of trouble.

Offline Jeff_Schroeder

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Re: Making money with show calves, there really is a profit?
« Reply #6 on: September 11, 2008, 06:35:38 PM »
Forget show steers, how does ANYBODY make money feeding calves out with the current cost of gain?

Offline Ruebush Shorthorns

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Re: Making money with show calves, there really is a profit?
« Reply #7 on: September 11, 2008, 06:43:17 PM »
You can make money if you are in it to make money.  For instance, you don't care about winning purple ribbons but you want to be there with everyone who is.  I made a killing in high school showing $500 stockyard calves.  Yeah I hated standing at the end of every class but when the checks were sent out I would grin from ear to ear.  If I would have taken the ame steer back to market I would have got a fraction of the price.  I did it for the money and now at age 23 I can afford to buy some big money calves and have learned how to clip and all the ins and outs I have learned from others.  I might not be reeping the benefits in the ring myself, but my younger brothers are.  It took about 9 years and a lot of trial and error to finally win a purple ribbon.  We won both champion commercial and breeding heifer at our county fair with the heifer in my profile pic.  If I would have had a calf as good as her when I started I wouldn't have been able to keep her in the condition to be a champion.  Now with the knowledge I have gathered, we are able to start spending some money on the "Good Ones".  I still get a couple stockyard bargains here and there because I deal in commercial cattle as well.  I hope to get to the point where I am raising the good ones then you can really make money showing your own calves.  Had some nice AI calves last week and the rest will be AI and ET.  Just depends on how you want to go about this SHOW CATTLE deal.  Everyone has their way of doing it.

Offline inthebarnagain

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Re: Making money with show calves, there really is a profit?
« Reply #8 on: September 11, 2008, 07:56:56 PM »
Say you drop the junior projects because you don't make money and they actually cost money.  Pencil out baseball, basketball, dance classes, etc.  Or because you don't want to spend money on your kids, how much do you think drug rehab and lawyers are going to cost?

Offline Zach

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Re: Making money with show calves, there really is a profit?
« Reply #9 on: September 11, 2008, 08:22:29 PM »
iff you can sell big dolalr calves, yes, if you show them, not alot of money
The livestock (show) industry is a tough one- if you've never had anything worth a damn you might as well go on the internet and rundown everybody you can.

Offline SD

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Re: Making money with show calves, there really is a profit?
« Reply #10 on: September 11, 2008, 08:44:28 PM »
Listen to Dusty. On this topic his wisdom is beyond his years. ;)

It is called Market Steer at our county fair. And my kids are exposed to the market every year. The idea being that you learn how to raise cattle for a profit. Some years you do well others not so well. But if you don't learn how to make money now you will be behind the curve.


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Offline Losin Money

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Re: Making money with show calves, there really is a profit?
« Reply #11 on: September 11, 2008, 08:57:39 PM »
Where else could you spend thousands on a calf, thousands on feed, cool room, fans, blowers, etc. and freeze your hiney off all winter long...and LOVE IT!  My wife keeps reminding me that we are building memories which will last a lifetime.  I remind her the kids only have five more years and we can sell the farm.  She reminds me the grandkids will be here someday and she is sure they will want to show.  Will this ever end (do I really want it to?)?!?!

Offline cbcfarms

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Re: Making money with show calves, there really is a profit?
« Reply #12 on: September 11, 2008, 09:15:04 PM »
not that our fair pays that well, but we have a feedlot and we can make more on calves we show as fats at the county fair with the few hundred dollar premiums and market price values than the feedlot calves alone. granted, there is a little more work put into the show calves but they pay for their feed and for next year's calf when it is all said and done.
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Offline Lindsey Farms

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Re: Making money with show calves, there really is a profit?
« Reply #13 on: September 11, 2008, 11:08:32 PM »
I was able to make a profit every year.
I got my first $500 loan from my dad to buy my first steer then form there on out i bought and fed my own steers.
My first 4 years i bought $500-750. steers, did i win no, but my worst placing was 3rd in class(usually heavy weight)
My last 3 years i gradually increased the price i payed for the steer and luckily i placed higher and higher every year. I never won a show but i had many of 1st in class and reserve champions.
I agree as long as you are not in to make money you can if you are smart with the purchases you make.

Offline Joe Boy

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Re: Making money with show calves, there really is a profit?
« Reply #14 on: September 11, 2008, 11:25:30 PM »
My wife and I reared 5 children and 1,000s of projects over the years.  We never made a profit.  We did raise 5 children who kept their money and went to college.  Everyone of them has made it to the top of whatever profession they chose.  I am proud of what they have done and think their projects had something to do with it.  Both older sons became managers at an age when they were not shaving good.  One daughter will soon have her doctorate while she has been a 5th grade teacher, she is not married and is 26.  One dauther is the head of finance for a university.  One son owns his own home, has been the top salesman for his company ever since he graduated from college, writes country songs, and is still single at 27 years of age.  All that went to college graduated at the top of their class.  Two were athletes in college.  One has been to Iraq twice and has many men under him that are older and have been in the service longer than he. 

I BELIEVE in projects for children to learn responsibility and that responsibility is on band night, game night, bad weather night, date night, and even if you are not feeling real well.  Most never missed a day of school, except for times they felt really bad, and the same is true of work.

Did I mention that we have 10 grandchildren who are city kids but their parents have projects for them.
A soft answer turns away wrath,  But a harsh word stirs up anger.  Prov 15:1 (NKJV)

 

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