Remember our "Golf in Dubai" weaner story last month(if not read it by clicking the link).
Well here we are 4 weeks later so let's take a look where we are in both the old Buy /Sell paradigm and the KLR Sell/Buy paradigm.Now if you are not yet a KLR Marketing school graduate you may find the discussion a little challenging.If you are a KLR graduate this video below is a great example of how you may find yourself stuck in a trade yet trade your way out of it.
January - Bought 360 kg Steers $691 -$1.91c/kg
Costs - Frt plus 4 weeks grass $53 (let alone any drench etc)
Now owe us 1 month later - $744
Market for 375Kg (15kg wt gain) $611
So we HOLD for the production and more money.
Remember a Diligent KLR Marketer would have kept his money for better times,however what if you only found out after the event of buying the weaners.
Sell 375 kg Steer $1.63/kg - $683 /hd
Buy 218 Kg Steer $1.53/kg - $334/hd
Less COG $111.58/hd (watch video to see details)
Profit $166.13 - 43% ROC
Not too bad for a trade where we thought we had no options !!!
Watch Video Below to see how I used the KLR 30 Second market report and KLR Spreadsheets to create a profitable trade from a losing trade in the
old Buy /Sell mode
If video is stop/start press pause to let it load.
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