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The beef cattle market over the next 10 years
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<blockquote data-quote="Sir Loin" data-source="post: 983309" data-attributes="member: 5601"><p>Greybeard,</p><p></p><p>Nice research and I am in total agreement.</p><p></p><p>China will get cattle one way or another.</p><p>Then the question is, how will they feed them?</p><p>A. Force the US to sell it to them.</p><p></p><p>Now the question is:</p><p>What will be the effect on our cattle industry if China forces the US to sell them, say 5 - 10% of our annual corn crop?</p><p></p><p>IMO, feed prices will rise while cattle prices are going down and marginal cattle operations ( small and hobby farmers ) will go out of business, further bringing down the US inventory of cattle.</p><p></p><p>Hence, in 10 years, I would not be surprised if only the big boys are left in the cattle business and supplying 90% of our beef.</p><p></p><p>SL</p></blockquote><p></p>
[QUOTE="Sir Loin, post: 983309, member: 5601"] Greybeard, Nice research and I am in total agreement. China will get cattle one way or another. Then the question is, how will they feed them? A. Force the US to sell it to them. Now the question is: What will be the effect on our cattle industry if China forces the US to sell them, say 5 - 10% of our annual corn crop? IMO, feed prices will rise while cattle prices are going down and marginal cattle operations ( small and hobby farmers ) will go out of business, further bringing down the US inventory of cattle. Hence, in 10 years, I would not be surprised if only the big boys are left in the cattle business and supplying 90% of our beef. SL [/QUOTE]
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The beef cattle market over the next 10 years
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