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<blockquote data-quote="wbvs58" data-source="post: 1807096" data-attributes="member: 16453"><p>Young cattle are selling at about half of what they were 12 months ago, even 6 months ago. </p><p>Herd rebuilding from our big drought a couple of years ago seems to be over, more calves have come forward at weaning to be sold this autumn than was anticipated. The forecast for an El Nino this coming summer has stopped restockers from buying. There is some sentiment that the cautiousness is over done and things will improve a bit if summer turns out better than expected. I don't hear of many people complaining as most realise we had it pretty good for the last few years and historically prices are still above average. Just a little better I would be happy with.</p><p>Processors are not working at capacity due to inability to hire the number of skilled workers they are after so they have a bit of a back log especially of cull cows to get through.</p><p>Ken</p></blockquote><p></p>
[QUOTE="wbvs58, post: 1807096, member: 16453"] Young cattle are selling at about half of what they were 12 months ago, even 6 months ago. Herd rebuilding from our big drought a couple of years ago seems to be over, more calves have come forward at weaning to be sold this autumn than was anticipated. The forecast for an El Nino this coming summer has stopped restockers from buying. There is some sentiment that the cautiousness is over done and things will improve a bit if summer turns out better than expected. I don't hear of many people complaining as most realise we had it pretty good for the last few years and historically prices are still above average. Just a little better I would be happy with. Processors are not working at capacity due to inability to hire the number of skilled workers they are after so they have a bit of a back log especially of cull cows to get through. Ken [/QUOTE]
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