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<blockquote data-quote="SBMF 2015" data-source="post: 1622318" data-attributes="member: 39695"><p>That's every week. The packers were bidding $1.08 yesterday. The feedlots were asking $1.12-.15. They'll probably get together on Friday. They usually do, and if they don't the packers won't care.</p><p>Every one who feeds cattle for a living understands that if we hold on to them to long, then we have heavy cattle. The packers really cut their bid when we (as an industry) ship to many heavies.</p><p>Regardless of what they sometimes say; the packers always make money. The packers are making $X a Hd right now. They are not willing to change that. They have plenty of supply in the coolers and it isn't moving as fast as it was 2 weeks ago. </p><p>Until we can get through this unexpected surplus of cheap pork, beef will struggle to maintain is share of sales in the grocery store.</p></blockquote><p></p>
[QUOTE="SBMF 2015, post: 1622318, member: 39695"] That's every week. The packers were bidding $1.08 yesterday. The feedlots were asking $1.12-.15. They'll probably get together on Friday. They usually do, and if they don't the packers won't care. Every one who feeds cattle for a living understands that if we hold on to them to long, then we have heavy cattle. The packers really cut their bid when we (as an industry) ship to many heavies. Regardless of what they sometimes say; the packers always make money. The packers are making $X a Hd right now. They are not willing to change that. They have plenty of supply in the coolers and it isn't moving as fast as it was 2 weeks ago. Until we can get through this unexpected surplus of cheap pork, beef will struggle to maintain is share of sales in the grocery store. [/QUOTE]
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