It would seem that pressure on killing space has allowed the works to once again drag the schedules back. When the rain comes and slaughter numbers begin to fall, the competition for the remaining stock will see significant rises in the schedules and store stock values.
If you agree with this scenario occurring and still have tradable stock on hand, given the current price of urea, applying urea (or DAP) this Autumn should be a very profitable option.
Working on the premise that things will green up in March or early April and the ground stays warm you can expect to get very good responses to nitrogen. Calculations carried out with one client showed a 400% return on money spent. (ie. Spend $1000, get $4000 back!!) This was working on a lamb currently valued at $65 being sold for $95 in 60 to 90 days which would not seem unrealistic.
Calculations for cattle also look favourable. Don’t miss out on the opportunity that Autumn nitrogen may offer you. Give us a call if you would like to discuss your own situation.