cattlgrl08
Member
Does anyone know what the market price per pound for steers right now?
Let me be sure I've got it---csutton":2ovt3acp said:why wait, with the price of oil going up almost by the minute, everything else will up too. I personally dont see prices going down.
csutton, please explain this. Are you saying that everybodies wages down at the salt mine will go up to support the increases in their cost of living? Even though the costs of producing and refining the salt have gone up too? Hmm. Seems to me like the biggest part of demand is the weekly paycheck folks who buy their beef at the grocery store and in restaurants when they go out to eat. Their resources in most cases are limited, and most can't readily increase their income. If gasoline and other energy costs go up like they have and because of that, everything else those folks purchase also increases in cost,they are going to be looking at alternatives at the grocery store. They may well prefer beef, but history shows they will sure eat a chicken. Not to mention that too many folks apparently already owe too much to Visa or Mastercard and the like and are streched pretty thin as it is. And so the cluckers and the squealers will look good to them. When money gets tight for any reason the pool of well heeled meat buyers who don't care what beef costs is fairly small. I hope you are right, but it seems like a very optimistic hill to plant your flag on.csutton":1qsrjm9f said:it would almost have to, or else nobody would be able to buy anything.