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Corn Prices
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<blockquote data-quote="Lee VanRoss" data-source="post: 1657834" data-attributes="member: 40072"><p><strong>HD: </strong>I'm not sure corn has seen the roof yet. Looking at your chart the low in corn will coincide more or less with the low in beef. This has been the case</p><p>historically. This being the case I think with the higher corn prices we may see fewer cattle going on feed to finish and slaughtered at a lighter weight</p><p>and cheaper cuts. As more and more cattle are marketed earlier the calf and lightfeeder market could take a hit. Somewhere ahead of us will be an</p><p>opportunity to get well with bred heifers and cows. Right now I don't have a handle on the timing for that. May be before the newcrop corn comes in</p><p>but if we hit a dry year all bets would be off. My crystal ball fell off the table and broke years ago..................LVR</p></blockquote><p></p>
[QUOTE="Lee VanRoss, post: 1657834, member: 40072"] [B]HD: [/B]I'm not sure corn has seen the roof yet. Looking at your chart the low in corn will coincide more or less with the low in beef. This has been the case historically. This being the case I think with the higher corn prices we may see fewer cattle going on feed to finish and slaughtered at a lighter weight and cheaper cuts. As more and more cattle are marketed earlier the calf and lightfeeder market could take a hit. Somewhere ahead of us will be an opportunity to get well with bred heifers and cows. Right now I don't have a handle on the timing for that. May be before the newcrop corn comes in but if we hit a dry year all bets would be off. My crystal ball fell off the table and broke years ago..................LVR [/QUOTE]
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