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Caustic's Crystal Ball
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<blockquote data-quote="Caustic Burno" data-source="post: 807527" data-attributes="member: 694"><p>I don't see it going down either along with all other input cost. </p><p>Doesn't do much good to sell calves at a 1.50 a pound if input cost end up being a 1.60 a pound.</p><p>This looks a lot like the mid 70's when fuel prices skyrocketed and cattle prices bottomed out.</p><p>There are time's to hold them and time's to fold them.</p><p>The way I read the tea leaves we are going to have to be more efficient than we have ever been to survive.</p><p>Going to have to quit pretending and sharpen a pencil and count every input cost down to the penny.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 807527, member: 694"] I don't see it going down either along with all other input cost. Doesn't do much good to sell calves at a 1.50 a pound if input cost end up being a 1.60 a pound. This looks a lot like the mid 70's when fuel prices skyrocketed and cattle prices bottomed out. There are time's to hold them and time's to fold them. The way I read the tea leaves we are going to have to be more efficient than we have ever been to survive. Going to have to quit pretending and sharpen a pencil and count every input cost down to the penny. [/QUOTE]
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