2, 3, or 5 steers? And you are WORRYING about it? If for real, don't even think about it. That small of a deal is only for "fun" and certainly shouldn't have worries of any consequence. There is nothing wrong with doing this, but it should be "for the fun of it" (You like to look at them and be outdoors piddling around).
No offense at all intended. I am just saying if you are the type who will worry about CONSIDERING 2 vs 5 steers, then actually HAVING them might worry you to death.
As far as workload the only reason to have 5 vs 50 is to keep the risk down. Not much more work to have a bunch as to have a couple. Either way you have to tend them daily.
Personally, I don't like doing this kind of stuff "for fun". I like to make money. So I would figure your actual costs, and see what the futures market offers. When a profit appears likely, I'd do it on a decent-sized scale(and forward-sell on the CME or buy puts). Otherwise I wouldn't. For instance, right now my feedlot is full. The previous couple of years I couldn't figure out how to possibly make a profit, so my lots sat empty.
You could buy 10 the first year as a trial run, to see how you get along. (you have to walk before you can run). And if you think you like it and are good at it, the next year I'd buy 50 and use the above-mentioned marketing tools to lock in a selling price.
A few calves to eat some "free" grass is ok. I just can't believe someone actually is agonizing on 2 vs. 3 vs. 5 head. Life has too many REAL worries.
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