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<blockquote data-quote="BC" data-source="post: 940741" data-attributes="member: 67"><p>The feedlots are not ripping you off, they are trying to get back some of the money they lost in over paying for your calves earlier this year and last fall. If you really want to blame someone for the price of calves despite the lower numbers, blame our government's mandate on the use of ethanol in fuel. It has created a demand for grain that makes grain worth more for ethanol production than for feeding livestock. Just look back to before the mandate, corn was around $2 to $2,50 per bushel, now it is way over $7 per bushel. When corn was cheap, it made sense to make ethanol. Want to see cheaper feed costs, get your congressman to vote to end the ethanol mandate and subsidies for ethanol plants. Feed grains would go down quickly.</p></blockquote><p></p>
[QUOTE="BC, post: 940741, member: 67"] The feedlots are not ripping you off, they are trying to get back some of the money they lost in over paying for your calves earlier this year and last fall. If you really want to blame someone for the price of calves despite the lower numbers, blame our government's mandate on the use of ethanol in fuel. It has created a demand for grain that makes grain worth more for ethanol production than for feeding livestock. Just look back to before the mandate, corn was around $2 to $2,50 per bushel, now it is way over $7 per bushel. When corn was cheap, it made sense to make ethanol. Want to see cheaper feed costs, get your congressman to vote to end the ethanol mandate and subsidies for ethanol plants. Feed grains would go down quickly. [/QUOTE]
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