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<blockquote data-quote="Son of Butch" data-source="post: 1417998" data-attributes="member: 14585"><p>Finished steer prices dictate the feeder calf market.</p><p>Professional buyers for the packing industry are the ones bidding on finished cattle not 'the people.'</p><p>The buyers job performance reviews are based on how well they perform. Prices paid and carcass data is tracked </p><p>for every load each buyer purchases. Their income, lively hood and job security are on the line based on the results. </p><p>In a free market results are what matter, results drive demand and demand is what drives the markets, not color. </p><p>Color would only matter to a professional buyer if one color produces more profit for them than another.</p><p>Color is what stands out to the novice, but that is not what stands out to a buyer when evaluating and bidding.</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1417998, member: 14585"] Finished steer prices dictate the feeder calf market. Professional buyers for the packing industry are the ones bidding on finished cattle not 'the people.' The buyers job performance reviews are based on how well they perform. Prices paid and carcass data is tracked for every load each buyer purchases. Their income, lively hood and job security are on the line based on the results. In a free market results are what matter, results drive demand and demand is what drives the markets, not color. Color would only matter to a professional buyer if one color produces more profit for them than another. Color is what stands out to the novice, but that is not what stands out to a buyer when evaluating and bidding. [/QUOTE]
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