Ok it is now 8 weeks since our story on the weaner sale mob, lets take a look see.
Remember our "Golf in Dubai" weaner story in January(if not read it by clicking the link).Well here we are 8 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 just like last month, you may find yourself stuck in a trade yet trade your way out of it.
January - Bought 360 kg Steers $691 -$1.91c/kgCosts -
Frt plus 8 weeks grass $61 (let alone any drench etc)
Now owe us 1 month later - $752
Market for 390Kg (15kg wt gain/ mth) $683
So we HOLD for the production and more money.
Remember a Diligent KLR Marketer would have kept his money for better times back in January,however what if you only found out about KLR 2 months after the event of buying the weaners.
Sell 390 kg Steer $1.75 /kg - $611/hd
Buy 211 Kg Steer $1.79/kg - $378/hdLess COG $203.47/hd (watch video to see details)
Profit $101.34 - 21% ROC
So there you go a 2nd opportunity to turn the trade around & yet you can think - 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.