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<blockquote data-quote="Tim/South" data-source="post: 1270910" data-attributes="member: 17986"><p>Beef is not moving well on the retail end. I have not seen beef specials in a long time. See a lot of chicken and pork specials advertised in the little flyers.</p><p>The consumer eventually decides the demand for beef. Slaughter numbers remain about the same each week, 535K to 540K. A lot more fat cattle are being kept on feed longer adding another 30 lb. of yield. This has helped make up for the number difference. </p><p>I saw some cattle ready to go on feed listed for $209 cwt. They were $241 cwt. five months ago.</p><p>The latest USDA report says cattle numbers are on the rebound and possibly a little ahead of schedule. Kind of takes the urgency out of the equation.</p><p>Imports are also up now that COOL is history for beef. (I have always believed beef should be labeled North American as Mexican and Canadian cattle fed in the U.S. are no different)</p><p>Now China's stock market decided to take a nose dive.</p><p>I see most of these reasons for decline as short lived and will hold on until prices increase.</p></blockquote><p></p>
[QUOTE="Tim/South, post: 1270910, member: 17986"] Beef is not moving well on the retail end. I have not seen beef specials in a long time. See a lot of chicken and pork specials advertised in the little flyers. The consumer eventually decides the demand for beef. Slaughter numbers remain about the same each week, 535K to 540K. A lot more fat cattle are being kept on feed longer adding another 30 lb. of yield. This has helped make up for the number difference. I saw some cattle ready to go on feed listed for $209 cwt. They were $241 cwt. five months ago. The latest USDA report says cattle numbers are on the rebound and possibly a little ahead of schedule. Kind of takes the urgency out of the equation. Imports are also up now that COOL is history for beef. (I have always believed beef should be labeled North American as Mexican and Canadian cattle fed in the U.S. are no different) Now China's stock market decided to take a nose dive. I see most of these reasons for decline as short lived and will hold on until prices increase. [/QUOTE]
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