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<blockquote data-quote="Stocker Steve" data-source="post: 1515438" data-attributes="member: 1715"><p>Talking supply/demand heads projected flat to down cattle prices till 2020, when beef price cycle would start to turn up. Drought caused cow slaughter could speed this up a bit. Meanwhile back at the ranch - - grain prices have dropped a lot and feeder prices have strengthened a little. This was not projected. :shock: Who can you trust... A gambler would be selling cattle and buying grain at this point.</p><p></p><p>I think there are three obvious trade paths forward:</p><p>1) The pissing match ends quickly and we have a group hug for fair trade. Not likely.</p><p>2) The government writes a check to grain farmers. Lots of precedence here.</p><p>3) We loose the Chinese market just like we lost the Russian market back in the 70's. They don't have to worry about fall elections in China. It may be time to start selling that over priced land!</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1515438, member: 1715"] Talking supply/demand heads projected flat to down cattle prices till 2020, when beef price cycle would start to turn up. Drought caused cow slaughter could speed this up a bit. Meanwhile back at the ranch - - grain prices have dropped a lot and feeder prices have strengthened a little. This was not projected. :shock: Who can you trust... A gambler would be selling cattle and buying grain at this point. I think there are three obvious trade paths forward: 1) The pissing match ends quickly and we have a group hug for fair trade. Not likely. 2) The government writes a check to grain farmers. Lots of precedence here. 3) We loose the Chinese market just like we lost the Russian market back in the 70's. They don't have to worry about fall elections in China. It may be time to start selling that over priced land! [/QUOTE]
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