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Non-Cattle Specific Topics
Coffee Shop
I guess im supposed to be scared
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<blockquote data-quote="Nesikep" data-source="post: 1387906" data-attributes="member: 9096"><p>this instantaneous knowledge of how many animals are available is always going to work against the cow-calf producer.. None of us follow these statistics, or not closely enough to matter.. you can bet all the big packers, etc have people devoted to studying this stuff... No sooner than there is an 'adequate' supply they'll say there's an oversupply and they can and do manipulate the prices.. everyone follows suit and panics and we get eternal price yo-yos.. of course for us we spend 10 years at the bottom for 1 good year at the top.</p><p>This recent price drop.. seriously, looking at north american stocks, they didn't double overnight!.. So lets look at the demand side of it.. consumers didn't just stop eating beef... though high prices certainly reduced it, why aren't the store prices coming down now?</p><p>Just like oil prices, the crude stock price rises a buck, and so does the pump price.. crude stock drops a buck and pump price drops $0.10</p></blockquote><p></p>
[QUOTE="Nesikep, post: 1387906, member: 9096"] this instantaneous knowledge of how many animals are available is always going to work against the cow-calf producer.. None of us follow these statistics, or not closely enough to matter.. you can bet all the big packers, etc have people devoted to studying this stuff... No sooner than there is an 'adequate' supply they'll say there's an oversupply and they can and do manipulate the prices.. everyone follows suit and panics and we get eternal price yo-yos.. of course for us we spend 10 years at the bottom for 1 good year at the top. This recent price drop.. seriously, looking at north american stocks, they didn't double overnight!.. So lets look at the demand side of it.. consumers didn't just stop eating beef... though high prices certainly reduced it, why aren't the store prices coming down now? Just like oil prices, the crude stock price rises a buck, and so does the pump price.. crude stock drops a buck and pump price drops $0.10 [/QUOTE]
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I guess im supposed to be scared
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