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<blockquote data-quote="farmerjan" data-source="post: 1828806" data-attributes="member: 25884"><p>General concensus here is that they will come back in the spring. I have been saying that for the last 2-3 years... I said that the heifer market was going to get high and tried to get son to keep more heifers to breed. But then the smaller sized 4-6 wts got high... and then this spring we sold all but 5 .... 17 got spayed and went to a friend in VT to feed out... he couldn't afford the steer prices. The rest were sold here local. We held the calves on the cows since we had fewer cows and plenty of pasture, until weaning later than normal. They are on feed now. The heavier weights of 6-900 are higher now although 7 wts are still an iffy thing since there are never very many around so not much demand. Buyers need to make loads and they can't do that when there aren't but a half dozen at any sale. </p><p>I still say that the prices will be good this spring. People will be wanting cattle to go to grass... and these 5-6 wts are going to be in demand... there are not going to be as m any either since so many have been sold this fall at lighter weights as farmers just cashed in and knew they didn't have the hay to carry them through the winter and hay was too expensive to buy... pastures suffered with our drought conditions... we do not have grasses that do good in the heat and dry... </p><p>I watch the futures also but have to agree that more and more I think it is more of paper traders that manage to manipulate things. It is a little unsettling that it has gotten to be so much of a traders game. </p><p>LRP would have been a smart move back when the futures prices were high, I said to son that I really thought that it would pay.... but he has not gone in that direction. I hope that the prices do good this spring. </p><p>I do not look for the prices to hold into the fall, even with reduced to levels not seen in over 60 years... between the instability in the world, and the mess our economy is in, and even with the slow in the inflation rates, people will not be able to pay the prices that the beef is going to cost. If things keep getting crazier, who knows where this country is going to be in the next year or so. Sure, things may calm down for awhile, but if we do not get back to a fundamentally functional country of right and wrong, common sense decency, and get back to people "having to work for a living" , we are going to be to the point that it won't matter because a government official is going to dictate who, what, where, when, and tell us we cannot make our own decisions and do not ask why , just do as we are told....</p><p></p><p>I am giving my opinion.... not advising anyone...</p></blockquote><p></p>
[QUOTE="farmerjan, post: 1828806, member: 25884"] General concensus here is that they will come back in the spring. I have been saying that for the last 2-3 years... I said that the heifer market was going to get high and tried to get son to keep more heifers to breed. But then the smaller sized 4-6 wts got high... and then this spring we sold all but 5 .... 17 got spayed and went to a friend in VT to feed out... he couldn't afford the steer prices. The rest were sold here local. We held the calves on the cows since we had fewer cows and plenty of pasture, until weaning later than normal. They are on feed now. The heavier weights of 6-900 are higher now although 7 wts are still an iffy thing since there are never very many around so not much demand. Buyers need to make loads and they can't do that when there aren't but a half dozen at any sale. I still say that the prices will be good this spring. People will be wanting cattle to go to grass... and these 5-6 wts are going to be in demand... there are not going to be as m any either since so many have been sold this fall at lighter weights as farmers just cashed in and knew they didn't have the hay to carry them through the winter and hay was too expensive to buy... pastures suffered with our drought conditions... we do not have grasses that do good in the heat and dry... I watch the futures also but have to agree that more and more I think it is more of paper traders that manage to manipulate things. It is a little unsettling that it has gotten to be so much of a traders game. LRP would have been a smart move back when the futures prices were high, I said to son that I really thought that it would pay.... but he has not gone in that direction. I hope that the prices do good this spring. I do not look for the prices to hold into the fall, even with reduced to levels not seen in over 60 years... between the instability in the world, and the mess our economy is in, and even with the slow in the inflation rates, people will not be able to pay the prices that the beef is going to cost. If things keep getting crazier, who knows where this country is going to be in the next year or so. Sure, things may calm down for awhile, but if we do not get back to a fundamentally functional country of right and wrong, common sense decency, and get back to people "having to work for a living" , we are going to be to the point that it won't matter because a government official is going to dictate who, what, where, when, and tell us we cannot make our own decisions and do not ask why , just do as we are told.... I am giving my opinion.... not advising anyone... [/QUOTE]
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