Cattle prices

[Cross-7]

Even someone simple mined as I am can see when 5wts and 9 wts are the same price per pound. I can make that work.

Tells me the packers are bluffing on supply and trying to buy leverage.
Put them on feed for 90 days to fill the void.

I'd bet supplies are short even with imports and they are trying to fill the pipeline to keep prices down and margins up.

I think next spring we'll see a rally

 

[Lazy M]

Hope you're right. I'd already planned to feed my spring calves until Feb anyway

 

[TexasBred]

Or they've decided it's cheaper to feed for additional weight than to purchase the weight.

 

[HDRider]

I got some steak cut at the market a couple of days ago. The butcher said beef is going down, and pork is going up.. He said that, anyway..

I got NY Strips for $4.99 a pound. I'm grilling this weekend..

 

[1982vett]

I got some steak cut at the market a couple of days ago. The butcher said beef is going down, and pork is going up.. He said that, anyway..

I got NY Strips for $4.99 a pound. I'm grilling this weekend..

Yeah..Our store is running strips for $4.99. They look like hell and I left them their to rot.