Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
R-CALF Urges Vilsack to Immediately Redress 3 USDA BLUNDERS
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Alberta farmer" data-source="post: 623560" data-attributes="member: 8978"><p>One more thing I forgot to mention in my last post: The presentation had some very good information on cattle prices. Between 1946 and 1989, in Canada, the price adjusted for inflation(in other words put into 2008 dollars) weaned calves averaged $1.85/lb.! Yearling feeders(900-1000lb) averaged $1.67, fats $163 and cull cows averaged $1.17/lb ! Prices in the USA basically followed the same pattern, maybe not quite so extreme! This was the average price over 45 years. Some years fats were as high as $2.50/lb.!</p><p>What happened? After 1989 packer concentration rapidly increased and captive supply more than doubled! The consumers price for beef rose slower than the cattlemans price dropped but the facts are the packers and retailers took an increasingly larger share of the profit. Pre-1989 the producer got about 25% of the retail price...today less than 16%!</p><p>Go to the site of the NFU in Canada and read the executive summary on the cattle situation. It is a real eye opener!</p></blockquote><p></p>
[QUOTE="Alberta farmer, post: 623560, member: 8978"] One more thing I forgot to mention in my last post: The presentation had some very good information on cattle prices. Between 1946 and 1989, in Canada, the price adjusted for inflation(in other words put into 2008 dollars) weaned calves averaged $1.85/lb.! Yearling feeders(900-1000lb) averaged $1.67, fats $163 and cull cows averaged $1.17/lb ! Prices in the USA basically followed the same pattern, maybe not quite so extreme! This was the average price over 45 years. Some years fats were as high as $2.50/lb.! What happened? After 1989 packer concentration rapidly increased and captive supply more than doubled! The consumers price for beef rose slower than the cattlemans price dropped but the facts are the packers and retailers took an increasingly larger share of the profit. Pre-1989 the producer got about 25% of the retail price...today less than 16%! Go to the site of the NFU in Canada and read the executive summary on the cattle situation. It is a real eye opener! [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
R-CALF Urges Vilsack to Immediately Redress 3 USDA BLUNDERS
Top