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How long do you see these prices holding?
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<blockquote data-quote="Tim/South" data-source="post: 1070240" data-attributes="member: 17986"><p>In Texas and Kanans yesterday some fed cattle sold for $1.31, down a dollar from last week and down a good bit from the $1.35 some fed cattle sold for two weeks ago. The reason is box prices slowed, meat was not moving off the store shelf. $1.31 is still a good price and feed lots need cash flow to make ends meat.</p><p>The feedlots, packers and retailers have to find a happy medium where each is making satisfactory money. If those three ever get on the same page then there is money to be made for the cow/calf operator and the stocker.</p><p>In my backwoods country opinion cattle prices are not high right now. They are where they should have been all along. There should be good money made by the people who grow and supply food to the public.</p></blockquote><p></p>
[QUOTE="Tim/South, post: 1070240, member: 17986"] In Texas and Kanans yesterday some fed cattle sold for $1.31, down a dollar from last week and down a good bit from the $1.35 some fed cattle sold for two weeks ago. The reason is box prices slowed, meat was not moving off the store shelf. $1.31 is still a good price and feed lots need cash flow to make ends meat. The feedlots, packers and retailers have to find a happy medium where each is making satisfactory money. If those three ever get on the same page then there is money to be made for the cow/calf operator and the stocker. In my backwoods country opinion cattle prices are not high right now. They are where they should have been all along. There should be good money made by the people who grow and supply food to the public. [/QUOTE]
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How long do you see these prices holding?
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