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re: Beef prices and farmers...

Posted on 5/18/20 at 7:14 am to
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 5/18/20 at 7:14 am to
I’m glad I got out of it.

Lease my land and that farmer is losing his rear end right now.

When I did it I dealt with a smaller buyer / processor who sold to restaurants and smaller meat markets.
Posted by mthorn2
Planet Louisiana
Member since Sep 2007
1245 posts
Posted on 5/18/20 at 8:46 am to
Here are basic percentages based on the way a slaughter house manages butchering. Obviously it will slightly differ with every animal and would change depending on how you want your animal cut but the percentages are more or less standard.

* Steaks (Rib, T-bone, Porterhouse, Sirloin, Flank) about 19% of purchased weight.
* Roasts (Chuck, Arm, Sirloin Tip) about 17%
* Round cuts (Eye Roast, Top Round Steaks, Bottom Round) about 9%
* Hamburger (depends on how lean or fat) about 45%.
* Miscellaneous (Short Ribs, Tongue, Liver, etc) about 10%

Based on a typical target live weight of 800lbs: A quarter of cow would be approx. 85lbs of beef. A half cow approx. 165lbs of beef, and a whole butchered cow around 330lbs. This averages to $6.50-$7.50 a lbs depending on how much or little you get. Longer you want your animal aged the more expensive the cost.

(Edit: these are aged, processed, butchered, packaged, and flash frozen prices. I've purchased a cow/steer every year for the last 5 years, dropped off to slaughter and process, and picked up once completed. I am not a farmer)
This post was edited on 5/18/20 at 8:54 am
Posted by AgGator
Member since Nov 2009
132 posts
Posted on 5/18/20 at 11:41 am to
Lot of possibly misinformed stuff here. The beef industry is far more segmented than other animal protein sectors for several reasons including land requirements and age at slaughter. We also have much more variance in animal genetics than do swine and poultry which is why you rarely get a porkchop or chicken breast that tastes much different from the one you got before.

By all means buy from a local guy that has a date set up with the local locker but don't believe that just because you are buying local you are getting a better product. So much of the quality of the end product (after taking into account genetics) has to do with the feeding program they were finished on and in that regard the guy doing it in his backyard cant compete with a feedyard. He doesn't have the ingredients or experience. If you're buying anything other than burger you're not getting some old thin cow. You're getting a steer or heifer that is almost always less than 24 months old.

Another potential downside to buying entire sides or quarters is what to do with everything other than the roasts, steaks, and grind. Thats why packers have a role, its easy enough to sell the main cuts everyone wants. It's harder to find consistent markets for everything else.

Getting away from the quality side, large scale animal agriculture is far more efficient than a guy finishing 10 head on his own. Thats why they exist. Some posts have mentioned ending live weights of 800-1000 lbs. On a large scale we havent been that light in a long time. Steers are getting finished at 1350+ lbs regularly today. The bottleneck on the packing side is a bad deal that will hopefully get better but its there because it takes a large business to be able to efficiently buy, kill, process, and then sell that animal. And in bad times it takes a large business to be able to weather the losses.
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