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Non-Cattle Specific Topics
Every Thing Else Board
Another bad result of Tx drought
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<blockquote data-quote="Texas PaPaw" data-source="post: 1160796" data-attributes="member: 2905"><p>Know an L&H buyer and they have not been aggressive in their buying in over a month. Understand they have only been killing 3 days a week for some time now. Know it won't help packer market but have doubts that it will hurt much either. Cow kill is at several decades lows and wholesale ground beef is at record highs with labor day approaching and school lunch program about to crank back up. Until cull cow numbers increase, don't see much much softening of packer cow market.</p><p></p><p>Bottom line is none too many cows or beef but too many packing plants and feedyards</p></blockquote><p></p>
[QUOTE="Texas PaPaw, post: 1160796, member: 2905"] Know an L&H buyer and they have not been aggressive in their buying in over a month. Understand they have only been killing 3 days a week for some time now. Know it won't help packer market but have doubts that it will hurt much either. Cow kill is at several decades lows and wholesale ground beef is at record highs with labor day approaching and school lunch program about to crank back up. Until cull cow numbers increase, don't see much much softening of packer cow market. Bottom line is none too many cows or beef but too many packing plants and feedyards [/QUOTE]
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Another bad result of Tx drought
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