Inadequate forage supplies

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Caustic Burno

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Inadequate forage supplies induce continued heavy cow-calf slaughter
Dressed weights for calves are averaging 12 to 16 percent below levels for the same period in 2006. There are at least two reasons for the lighter weights. Increased feed prices are limiting incentives to feed calves to weights equal to weights for the same period in 2006. Further, as a result of continued low forage supplies, both standing and harvested, cow-calf pairs are being sold, then split for slaughter.

From TSCRA newsletter.
 
I agree with that assessment. That is what has driven the prices down (supply & demand). If it is as dry this year as it has been the past 2 - 3 years, a lot of people will be getting out of the business (several already have). :(
 
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