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Predicting the future part II
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<blockquote data-quote="backhoeboogie" data-source="post: 1120733" data-attributes="member: 3162"><p>If the drought ends, people will need something to eat their hay. If I have extra, I might just speculate on some cows this fall if the prices are right. Could be dragging home an empty trailer. </p><p></p><p>Lots of pastures still empty around here. I bit the bullet and fertilized the hay fields. Feel like it we get some rain, hay may go cheap since the herds are so low in numbers. Demand for hay will be impacted. </p><p></p><p>They told me milk was up to 26 cents a pound. That's just as outrageous as cattle prices. Surely that will play into the supply and demand. </p><p></p><p>As crazy as it is, I am actually raising bottle babies. There is profit in it again even with the high cost of milk replacer. Got beef bottle babies and some dairy heifers too for nurse cow prospects. Didn't think I would ever do bottle babies again but I have facilities at the house and the girlfriend likes doing it. Just wished I have some wet nurse cows but all of mine are dry at the moment. </p><p></p><p>I don't look for the cattle supply to be back up for quite some time. Some folks are talking about getting back in. </p><p></p><p>The breeds suitable for this climate took a serious hit in the sell out. I hear beefmasters are already jumping up there in price. Rumor is all I know on that. </p><p></p><p>Culls are worth a small fortune. Every thing that was really sorry was culled long ago and some of the culls I am seeing aren't really that bad. </p><p></p><p>My thoughts.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 1120733, member: 3162"] If the drought ends, people will need something to eat their hay. If I have extra, I might just speculate on some cows this fall if the prices are right. Could be dragging home an empty trailer. Lots of pastures still empty around here. I bit the bullet and fertilized the hay fields. Feel like it we get some rain, hay may go cheap since the herds are so low in numbers. Demand for hay will be impacted. They told me milk was up to 26 cents a pound. That's just as outrageous as cattle prices. Surely that will play into the supply and demand. As crazy as it is, I am actually raising bottle babies. There is profit in it again even with the high cost of milk replacer. Got beef bottle babies and some dairy heifers too for nurse cow prospects. Didn't think I would ever do bottle babies again but I have facilities at the house and the girlfriend likes doing it. Just wished I have some wet nurse cows but all of mine are dry at the moment. I don't look for the cattle supply to be back up for quite some time. Some folks are talking about getting back in. The breeds suitable for this climate took a serious hit in the sell out. I hear beefmasters are already jumping up there in price. Rumor is all I know on that. Culls are worth a small fortune. Every thing that was really sorry was culled long ago and some of the culls I am seeing aren't really that bad. My thoughts. [/QUOTE]
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Predicting the future part II
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