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<blockquote data-quote="Goodlife" data-source="post: 868719" data-attributes="member: 17226"><p>Why do you think there is such a disconnect in the expense of a cattle operation and the wholesale price of beef cattle? Barely squeeking by is a life long tale of a rancher. My grandfather operated under the same tiny (and sometimes negative) margins we are under today. It seems to me it must have something to do with the Chicago Exchange setting future prices. When Ford needs to raise their costs they raise the price of the end product. How do we realize this sort of control over the result of our production? Simply put, cattle futures need to be higher and the price of a steak at the store needs to go up a little as a result.</p></blockquote><p></p>
[QUOTE="Goodlife, post: 868719, member: 17226"] Why do you think there is such a disconnect in the expense of a cattle operation and the wholesale price of beef cattle? Barely squeeking by is a life long tale of a rancher. My grandfather operated under the same tiny (and sometimes negative) margins we are under today. It seems to me it must have something to do with the Chicago Exchange setting future prices. When Ford needs to raise their costs they raise the price of the end product. How do we realize this sort of control over the result of our production? Simply put, cattle futures need to be higher and the price of a steak at the store needs to go up a little as a result. [/QUOTE]
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