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How long do you see these prices holding?
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<blockquote data-quote="Tim/South" data-source="post: 1069904" data-attributes="member: 17986"><p>I believe we have pretty much peaked in price. As you mentioned the demand side of the equation has competition from other meats.</p><p>Packers are claiming to be operating in the red right now. I do not know if we can reach the $1.40 for fed cattle and not price beef out of the normal family budget.</p><p>I am just happy that those of us on the production end of the cattle business are finally making good money. Cow/Calf operations, stockers and feed lots are normally expected to survive on the table scraps while the packers and retailers make a good profit.</p></blockquote><p></p>
[QUOTE="Tim/South, post: 1069904, member: 17986"] I believe we have pretty much peaked in price. As you mentioned the demand side of the equation has competition from other meats. Packers are claiming to be operating in the red right now. I do not know if we can reach the $1.40 for fed cattle and not price beef out of the normal family budget. I am just happy that those of us on the production end of the cattle business are finally making good money. Cow/Calf operations, stockers and feed lots are normally expected to survive on the table scraps while the packers and retailers make a good profit. [/QUOTE]
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How long do you see these prices holding?
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