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Good news for corn farmers.........
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<blockquote data-quote="jltrent" data-source="post: 1535025" data-attributes="member: 21075"><p>Based on history the cow/calf operator will be hurting as it will cost to much to buy the 500 lb. calves and top them out, so their prices will go down. If you grow your own feed and in the steer business buy cheap and sell high like before as some around here that had their on feed were able to make good money when the E10 first hit. It also caused a cattle sell off as more land went into corn and caused cattle prices to go crazy for a short time from the shortage. In about 5 years for the cycle to hit expect 500 lb. calves to be $3 a pound.</p></blockquote><p></p>
[QUOTE="jltrent, post: 1535025, member: 21075"] Based on history the cow/calf operator will be hurting as it will cost to much to buy the 500 lb. calves and top them out, so their prices will go down. If you grow your own feed and in the steer business buy cheap and sell high like before as some around here that had their on feed were able to make good money when the E10 first hit. It also caused a cattle sell off as more land went into corn and caused cattle prices to go crazy for a short time from the shortage. In about 5 years for the cycle to hit expect 500 lb. calves to be $3 a pound. [/QUOTE]
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Good news for corn farmers.........
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