I would like to purchase just weaned lambs with the goal of selling them when...
I would like to purchase just weaned lambs with the goal of selling them when they reach the best selling weight. In the past the weight was 100 or so lbs. Currently the desired weight seemeds to have reduced to about 80 lbs. Based on having some profit between buying and selling the weaned lambs how much do you think I should expect to pay for hair lambs (probably Katahdin)?? I've not been able to find a source for this type of info.
This is a tough question to answer directly. There is a lot of information that would help determine the price you want missing from the question like; feeder lamb weight, ration used, cost of feed, expected sell price, etc. Have you looked at any of the on-line feeder lamb budgets? These are usually MS Excel spreadsheets designed to help answer these types of questions. You can plug in your information and they give you the projected overall profit. Setting up your basic cost information you could then look at various feeder lamb prices to determine what you wanted to pay. We have one developed in 2002 http://aede.osu.edu/sites/aede/files/!import/lamb-2002.xls It is still valid but the feed cost would need to be updated. There is also a more recent one from Virginia http://pubs.ext.vt.edu/446/446-048/XLS_FeederLambs_SpringtoFall.xls