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<blockquote data-quote="Howdyjabo" data-source="post: 797719" data-attributes="member: 391"><p>I'll second the 1.20 on 8 wts- barring any major disturbances</p><p></p><p>To sustain these prices and high corn, beef in the stores is going to have to get VERY expensive.</p><p>I don't see cow herds increasing that much with calves bringing as much as they are-- too many bad years still fresh on our minds-- so most are going to sell heifers and "make hay while the sun shines". And feedyards are going to pay high for heifers as there's not enough calves to go around ---- For now.</p><p></p><p>I worry whats going to happen in April 2012 (maybe even sooner). The infrastructure is going to collapse without the numbers to support it all. Whos left standing is going to make a HUGE shift in market conditions.</p><p>Its been stressed to the breaking point for the 4 years before 09 and 09 wasn't enough to make up for it all. The dominoes have to start falling soon and I think Eastern was just the start.</p></blockquote><p></p>
[QUOTE="Howdyjabo, post: 797719, member: 391"] I'll second the 1.20 on 8 wts- barring any major disturbances To sustain these prices and high corn, beef in the stores is going to have to get VERY expensive. I don't see cow herds increasing that much with calves bringing as much as they are-- too many bad years still fresh on our minds-- so most are going to sell heifers and "make hay while the sun shines". And feedyards are going to pay high for heifers as there's not enough calves to go around ---- For now. I worry whats going to happen in April 2012 (maybe even sooner). The infrastructure is going to collapse without the numbers to support it all. Whos left standing is going to make a HUGE shift in market conditions. Its been stressed to the breaking point for the 4 years before 09 and 09 wasn't enough to make up for it all. The dominoes have to start falling soon and I think Eastern was just the start. [/QUOTE]
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