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<blockquote data-quote="Frankie" data-source="post: 142328" data-attributes="member: 13"><p>If the vast majority of beef being sold is Select it's because that's what most ranchers are producing. Choice beef is the standard. Select beef is discounted; higher quality beef gets a premium. That's not a "trick" of the packers. That's what the marketplace will bear. Consumers will pay more for higher quality beef than lower quality beef. They don't care a thing about yield grades because they never see that backfat. The packer is left with all that backfat to dispose of. </p><p></p><p>Why should the packer change his way of doing business? He's profitable most years. On the other hand, ranchers are going to buy new bulls every few years. They'll keep or buy replacement heifers every year or two. If they use EPDs, they can make changes in the quality of the beef, feed efficiency, milk production, etc., when they make those changes.</p></blockquote><p></p>
[QUOTE="Frankie, post: 142328, member: 13"] If the vast majority of beef being sold is Select it's because that's what most ranchers are producing. Choice beef is the standard. Select beef is discounted; higher quality beef gets a premium. That's not a "trick" of the packers. That's what the marketplace will bear. Consumers will pay more for higher quality beef than lower quality beef. They don't care a thing about yield grades because they never see that backfat. The packer is left with all that backfat to dispose of. Why should the packer change his way of doing business? He's profitable most years. On the other hand, ranchers are going to buy new bulls every few years. They'll keep or buy replacement heifers every year or two. If they use EPDs, they can make changes in the quality of the beef, feed efficiency, milk production, etc., when they make those changes. [/QUOTE]
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