prices keep dropping
- Thread starter angus9259
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I just brought some home, think I will keep them for a while to see what they do price wise. That being said they will more than likely keep going down till I decide to go ahead and sell mine for the cheap price, then you just count on them to start back up after I sell.
angus9259":3th4no3w said:
Beat me to it! Sell, sell, sell!!!!
bigbull338
Well-known member
the prices should bounce back in 2 or 3wks.
JMJ Farms
Well-known member
BB338 I ain't never wanted somebody to be right more than I want you to be right!
bigbull338
Well-known member
ive seen and came from prices lower than they are right now.the thing is the high calf cow and bull prices spoiled us.i hope i dont see$.70 calves $.35 cows and $.40 bulls again.but who knows we didnt know any better and lived through it years ago.
JMJ Farms
Well-known member
Only thing is..... The input cost were lower then. / .70 cent calves now = out of business.
Kingfisher
Well-known member
When is "then?" I'm getting my grass ready id like to buy some $1.00 bred cows.... Sell em as " grass@ fed....JMJ Farms":r7b6u0rq said:
Kinda eye opening to look at historical cattle prices. I've raised them for 40 years. Ain't experienced many years with prices over a dollar. Jmj is right about input cost, it's going to be a tough go if they get much cheaper. On the other hand, feed is reasonable right now. Fuel is certainly a bright spot in the budget.
Historical cattle prices:
https://www.extension.iastate.edu/agdm/ ... /b2-12.pdf
Historical cattle prices:
https://www.extension.iastate.edu/agdm/ ... /b2-12.pdf
Bigfoot":2g77zwym said:
The real hard times will come post election...if prices continue to fall (for a multitude of reasons) and post election prices on fuel, feed and everything else that gets manipulated (to keep the masses happy during elections) go back UP to normal; well, it will be real tough to pencil things out unless you're selling that $8.00-$10.00/lb grass finished beef.
JMJ Farms
Well-known member
Feed is reasonable as Bigfoot said. And should stay reasonable. Fuel should be good until after the election. If I had to sell 500 pound calves for .70 cents I could weather a couple of years but I would have to supplement it with other income. You know what's bad? I work full time. For myself. I don't draw one penny out of my farm account. Farm uses my truck and me for free. I wean dang near 98% of calves that are born alive. (I've been lucky) And with the cost of everything I still worry sometimes that I might not be able to pay myself(and the bank) back. I work hard and I only want my cows to pay their way. Don't get me wrong, I like a dollar, but I fool with cows bc that's what I love.
JMJ Farms
Well-known member
Bigfoot":2x3pd7fy said:
I agree completely!
Son of Butch
Well-known member
Disheartening to realize in one year all the gains it took over 3 years to achieve have been wiped out and then some.Bigfoot":1pflen8p said:
Dec 2015 117.20
Dec 2014 163.26
Dec 2013 131.37
Dec 2012 125.18
Dec 2011 124.18
Dec 2010 101.43
WalnutCrest
Well-known member
That's a 3% annualized increase over five years.
Son of Butch
Well-known member
That is one way of looking at it.WalnutCrest":fdvw1e7c said:
A more meaningful way of putting it into perspective is...
The current price of 117.20 is 9.2% lower than the 4 yr mean average price of 129.08 received from dec 2010 - dec 2014
I fear the five year cattle market from 2011 - 2015 will be known as "the good old days" and a long time in returning.
