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How far will the calf market fall?
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<blockquote data-quote="Tim/South" data-source="post: 1216272" data-attributes="member: 17986"><p>When our dollar was of less value it was good for exports and bad for imports. That has reversed and it costs more for other countries to buy our beef with the current dollar exchange.</p><p>Imports are down from some countries, like Mexico. This was because of COOL and not the currency exchange.</p><p>Then you have Chipolte who has announced they do not agree with the way American beef is raised and have decided to import their beef from Australia. The Australian drought and them slashing prices had more to do with that. Australian beef imports are up 200%.</p><p></p><p>If other countries can afford our beef then exports go up. If American companies can buy cheaper by importing then imports go up.</p><p>If the American consumer buys beef from the retail stores then demand goes up.</p><p></p><p>Even countries with a ban on American beef still buy American. It is just routed through other countries. Vietnam was a broker for a long time.</p></blockquote><p></p>
[QUOTE="Tim/South, post: 1216272, member: 17986"] When our dollar was of less value it was good for exports and bad for imports. That has reversed and it costs more for other countries to buy our beef with the current dollar exchange. Imports are down from some countries, like Mexico. This was because of COOL and not the currency exchange. Then you have Chipolte who has announced they do not agree with the way American beef is raised and have decided to import their beef from Australia. The Australian drought and them slashing prices had more to do with that. Australian beef imports are up 200%. If other countries can afford our beef then exports go up. If American companies can buy cheaper by importing then imports go up. If the American consumer buys beef from the retail stores then demand goes up. Even countries with a ban on American beef still buy American. It is just routed through other countries. Vietnam was a broker for a long time. [/QUOTE]
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