Power Steering with Ann Barnhardt, January 5, AD 2010
Posted in Barnhardt Capital Management, Inc. at 07:05PM on 01/05/2010

Happy New Year . . or something.

Off topic, your Sen. Nelson sure is sweating like a whore in church!  (Metaphorically speaking, one out of two attributes ain't bad!)  I'm guessing he's having to double up on toupee glue these days.  Keep the heat on, Cornhuskers.  The Communists and their lapdogs are counting on YOUR COMPLACENCY. 

Auction action has been nil since the week of Christmas, and I'm itchin' for a FUN WITH MATH fix as much as the next guy.  LET'S ROLL!!

Let's look at a sweet double-window from yesterday's sale at McCook, NE:

SELL 787# top-quality heifers @ $92.62
BUY 629# top-quality heifers @ $89.40 (not calves)

Return on the gain = $1.05 per pound

Profit per head with an $0.83 cost of gain = $34.76

OR go UP:

SELL 787# top-quality heifers @ $92.62 = $728.92
BUY 903# top-quality heifers @ $75.50 = $681.76

SO, you get 116 pounds and $47.16 per head.  I think that will cover the commission and the haul, don't you?  Put those 9-weights on feed.  Breed 'em.  Climb on their backs and ride them through the middle of town while singing Marty Robbins songs.  I don't care.  Your grandpa and I agree: Bought right is half sold, gentlemen.

Forecasters are killing the North American Cattle Industry.
"Global warming" is a complete fraud designed to advance the cause of socialism and enslave humanity.
Abortion is the murder of an innocent human being and is never justified under any circumstance whatsoever.
Every human being is a question, to which the ONLY answer is Jesus Christ.
 
 

Ann Barnhardt
Barnhardt Capital Management, Inc.
www.Barnhardt.biz
888-799-4577
Ann@Barnhardt.biz

Bud Williams Marketing, Inc.
www.BudWilliamsMarketing.com
877-799-4577
Ann@BudWilliamsMarketing.com            

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