Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Beginners Board
How Long Will This Market Last?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Tim/South" data-source="post: 1073778" data-attributes="member: 17986"><p>The cattle market can be volatile.</p><p>Cattle have competition from other meats,mostly pork and chicken. Box beef prices vary from week to week. The consumer may tire of paying for beef and develop a taste for the other two meats.</p><p>Both imports and exports are fickle.</p><p>COOL has kept a lot of live cattle in Mexico. Our falling dollar has kept a lot of cattle in Canada. Exports increase when our dollar falls and makes beef more affordable. When our economy is good, exports decrease.</p><p>Australia has moved on on the Korean market in a major way. Korea is always looking for a way to stop U.S. imports.</p><p>Brazil has moved into the European market.</p><p>Our only consistent buyer of U.S. beef is Japan.</p><p>The greatest outcome of the cattle shortage has been to give leverage to the producers. Cow/calf, stocker and feed lot operations have always lived off the leftovers. Packers and retailers have pretty much dictated what would be paid for live cattle.</p><p>I do not believe cattle prices are high. I believe they are where they should have been for a long time. We are actually making money now rather than taking it from one pocket and putting in the other.</p><p>Will the American consumer adjust their shrinking dollar purchase power to buy more expensive beef? Who knows, new ground being plowed.</p><p></p><p>With falling corn prices it is not far fetched to expect the packers and retailers to ask us to produce a cheaper product. In theory we should have less input cost if corn continues to decline.</p><p>To our advantage is the shortage of what we produce. Pork and chicken can rebuild quickly. Beef, not so.</p><p>The bottom line is that we do not consume all of what we produce We depend on others to finish, process, sell, then purchase what came off our farm. That is a lot of fingers in the pie. As long as each works together then life is good.</p></blockquote><p></p>
[QUOTE="Tim/South, post: 1073778, member: 17986"] The cattle market can be volatile. Cattle have competition from other meats,mostly pork and chicken. Box beef prices vary from week to week. The consumer may tire of paying for beef and develop a taste for the other two meats. Both imports and exports are fickle. COOL has kept a lot of live cattle in Mexico. Our falling dollar has kept a lot of cattle in Canada. Exports increase when our dollar falls and makes beef more affordable. When our economy is good, exports decrease. Australia has moved on on the Korean market in a major way. Korea is always looking for a way to stop U.S. imports. Brazil has moved into the European market. Our only consistent buyer of U.S. beef is Japan. The greatest outcome of the cattle shortage has been to give leverage to the producers. Cow/calf, stocker and feed lot operations have always lived off the leftovers. Packers and retailers have pretty much dictated what would be paid for live cattle. I do not believe cattle prices are high. I believe they are where they should have been for a long time. We are actually making money now rather than taking it from one pocket and putting in the other. Will the American consumer adjust their shrinking dollar purchase power to buy more expensive beef? Who knows, new ground being plowed. With falling corn prices it is not far fetched to expect the packers and retailers to ask us to produce a cheaper product. In theory we should have less input cost if corn continues to decline. To our advantage is the shortage of what we produce. Pork and chicken can rebuild quickly. Beef, not so. The bottom line is that we do not consume all of what we produce We depend on others to finish, process, sell, then purchase what came off our farm. That is a lot of fingers in the pie. As long as each works together then life is good. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Beginners Board
How Long Will This Market Last?
Top