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Not so good day at the sale barn...
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<blockquote data-quote="Alberta farmer" data-source="post: 605698" data-attributes="member: 8978"><p>That is a pretty sad price, about 72 cents a lb.? Pretty hard to keep a cow for a year on $400?</p><p>I suspect a lot of feeders are going to make out like bandits...but who knows the way this crazy economy is going?</p><p>But considering than corn is low, interest rates are low, feeder cattle prices are a joke...should equal a healthy pay check for the feeder? Hopefully the feedlots will be happy to spend some money next year if they make a few bucks this year?</p><p>I think the cow/calf guy is struggling to make ends meet with these poor prices? When does he finally throw up his hands and say "ENOUGH" I quit? I don't know of any business that can operate at a loss forever. We are getting prices for our calves that are poorer than prices in the Thirties(inflation adjusted)? I wonder how many doctors, lawyers, school teachers would like to take Thirties wages today?</p></blockquote><p></p>
[QUOTE="Alberta farmer, post: 605698, member: 8978"] That is a pretty sad price, about 72 cents a lb.? Pretty hard to keep a cow for a year on $400? I suspect a lot of feeders are going to make out like bandits...but who knows the way this crazy economy is going? But considering than corn is low, interest rates are low, feeder cattle prices are a joke...should equal a healthy pay check for the feeder? Hopefully the feedlots will be happy to spend some money next year if they make a few bucks this year? I think the cow/calf guy is struggling to make ends meet with these poor prices? When does he finally throw up his hands and say "ENOUGH" I quit? I don't know of any business that can operate at a loss forever. We are getting prices for our calves that are poorer than prices in the Thirties(inflation adjusted)? I wonder how many doctors, lawyers, school teachers would like to take Thirties wages today? [/QUOTE]
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Not so good day at the sale barn...
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