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Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
Finally someone sees what is going on!
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<blockquote data-quote="Alberta farmer" data-source="post: 676769" data-attributes="member: 8978"><p>ddg: Without a doubt I never put in much of a "risk factor"! The picture I painted was a fairly rosy average outlook!</p><p>In my area this year we are experiencing a very tough drought. The price of hay/feed will probably more than double. My winter feed costs were based on $60/ton hay....prices on hay right now are in that $100 plus range and clearly on the way up....so my feed costs would have to change from $185 to $370! Which probably explains why we will see a major sell off of the western Canadian cow herd....no matter how low cow prices go! A long time ago you could take a hit like that every so often because you might make it back down the road. I don't see that happening. We've had 8 years of poor prices due to BSE and high costs. We've pretty well run out of gas.</p><p>The fact is the cattle business is no longer sustainable in western Canada. I suspect it is not much better in the northern US states? They face the same hard weather and calf prices that just won't pay the bills and provide some kind of living for the owners.</p><p>This does not mean there won't be cattle. There is always someone who will pay to work and do it for the lifestyle? I have just got to the point where I've had enough. I'm tired of losing money so some city slicker can have a cheap steak! Our basically useless government has done absolutely nothing for us...in fact it looks like they are doing just about everything possible to get rid of us...so I figure why fight it?</p></blockquote><p></p>
[QUOTE="Alberta farmer, post: 676769, member: 8978"] ddg: Without a doubt I never put in much of a "risk factor"! The picture I painted was a fairly rosy average outlook! In my area this year we are experiencing a very tough drought. The price of hay/feed will probably more than double. My winter feed costs were based on $60/ton hay....prices on hay right now are in that $100 plus range and clearly on the way up....so my feed costs would have to change from $185 to $370! Which probably explains why we will see a major sell off of the western Canadian cow herd....no matter how low cow prices go! A long time ago you could take a hit like that every so often because you might make it back down the road. I don't see that happening. We've had 8 years of poor prices due to BSE and high costs. We've pretty well run out of gas. The fact is the cattle business is no longer sustainable in western Canada. I suspect it is not much better in the northern US states? They face the same hard weather and calf prices that just won't pay the bills and provide some kind of living for the owners. This does not mean there won't be cattle. There is always someone who will pay to work and do it for the lifestyle? I have just got to the point where I've had enough. I'm tired of losing money so some city slicker can have a cheap steak! Our basically useless government has done absolutely nothing for us...in fact it looks like they are doing just about everything possible to get rid of us...so I figure why fight it? [/QUOTE]
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NCBA, R-CALF, COOL, USDA (No Politics!)
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