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Lowest US cow/heifer inventory since 1941.
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<blockquote data-quote="Horseandcattle" data-source="post: 1110666" data-attributes="member: 21532"><p>The main reason numbers are down is the drought of 2012. A lot of producers sold their cattle (as did I)because hay went through the roof. We slaughtered many "<strong>COWS</strong>". For every cow slaughtered it takes roughly 3 years to replace her, if your start the clock from the time of conception. When the supply of cattle went down the demand went up. Producers are cashing in heifers along with steers because the packers are paying historic prices. Hence why replacements are so high.</p><p> Even though the cost of cattle are up, in my area of Kansas, the hay prices are bottoming out. You can buy hay cheaper than you can bale it. Good hay for 25-35 dollars. </p><p> The older cattleman in my area who where thinking about getting out of the cattle business, decided to stay in since the prices have jumped and their cows are paid off. they have no need to grow there herds because they plan on jumping out when the market swings back down. It keeps the land locked up from younger guys. There are plenty of younger people wanting in cattle. From the beginning of time the older generation has said "The kids have no interest". Where theirs money theirs interest. </p><p> The last reason is plenty of pastures are being plowed of for farms and leaving the brush and ravines for the cattle.</p></blockquote><p></p>
[QUOTE="Horseandcattle, post: 1110666, member: 21532"] The main reason numbers are down is the drought of 2012. A lot of producers sold their cattle (as did I)because hay went through the roof. We slaughtered many "[b]COWS[/b]". For every cow slaughtered it takes roughly 3 years to replace her, if your start the clock from the time of conception. When the supply of cattle went down the demand went up. Producers are cashing in heifers along with steers because the packers are paying historic prices. Hence why replacements are so high. Even though the cost of cattle are up, in my area of Kansas, the hay prices are bottoming out. You can buy hay cheaper than you can bale it. Good hay for 25-35 dollars. The older cattleman in my area who where thinking about getting out of the cattle business, decided to stay in since the prices have jumped and their cows are paid off. they have no need to grow there herds because they plan on jumping out when the market swings back down. It keeps the land locked up from younger guys. There are plenty of younger people wanting in cattle. From the beginning of time the older generation has said "The kids have no interest". Where theirs money theirs interest. The last reason is plenty of pastures are being plowed of for farms and leaving the brush and ravines for the cattle. [/QUOTE]
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