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Rumor I heard
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<blockquote data-quote="rockridgecattle" data-source="post: 691743" data-attributes="member: 6198"><p>I am from Manitoba Canada, and just heard a rumor that kinda bothers me a bit. OK maybe alot.</p><p>There is a packer plant in Alberta Canada....owned by Tyson and called Lakeside Packers. I think i got the names right </p><p>Rumor has it that with the calf market on the down and low, they are looking to buy 500 thousand calves or feeders. They then would be able to keep the pressure on the market, allowing them to dictate the prices.</p><p>Now that the Canadian culls have made it through the system, the herd is barely large enough to feed our nation, let alone meet our export needs, the calf market should start to rebound again. However, with Tyson holding onto these many calves, we might not see a rebound in prices like we hoped</p><p> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite4" alt=":mad:" title="Mad :mad:" loading="lazy" data-shortname=":mad:" /> :shock:</p><p></p><p>Feel free to correct me if i am wrong, after all it is a rumor i heard... <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite10" alt=":oops:" title="Oops! :oops:" loading="lazy" data-shortname=":oops:" /></p><p></p><p></p><p>edit: asked hubby the numberd</p></blockquote><p></p>
[QUOTE="rockridgecattle, post: 691743, member: 6198"] I am from Manitoba Canada, and just heard a rumor that kinda bothers me a bit. OK maybe alot. There is a packer plant in Alberta Canada....owned by Tyson and called Lakeside Packers. I think i got the names right Rumor has it that with the calf market on the down and low, they are looking to buy 500 thousand calves or feeders. They then would be able to keep the pressure on the market, allowing them to dictate the prices. Now that the Canadian culls have made it through the system, the herd is barely large enough to feed our nation, let alone meet our export needs, the calf market should start to rebound again. However, with Tyson holding onto these many calves, we might not see a rebound in prices like we hoped :mad: :shock: Feel free to correct me if i am wrong, after all it is a rumor i heard... :oops: edit: asked hubby the numberd [/QUOTE]
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