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The poor cattle market
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<blockquote data-quote="Stocker Steve" data-source="post: 598531" data-attributes="member: 1715"><p>My neighbor bought $1,200 cows three years ago - - and now he is cry'in the blues and shipping some of them. Our 11/10 market report said the year to date beef cow slaughter is:</p><p>17.6% higher than 2007</p><p>22.6% higher than 2006</p><p>34% higher than 2005</p><p>I see a trend here...</p><p></p><p>The kill market will come back in a couple years, but cow/calf prices may not if grain stays high. So I think we will have blended fuel and high priced food but that will not include profit for those who can not raise a calf for $1 a pound. The US government is focused on subsidizing ethanol now and beef producers are on their own.</p><p></p><p>I am going to a bred cow sale on Saturday. Plan to be all in by January. Wish me luck. :cboy:</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 598531, member: 1715"] My neighbor bought $1,200 cows three years ago - - and now he is cry'in the blues and shipping some of them. Our 11/10 market report said the year to date beef cow slaughter is: 17.6% higher than 2007 22.6% higher than 2006 34% higher than 2005 I see a trend here... The kill market will come back in a couple years, but cow/calf prices may not if grain stays high. So I think we will have blended fuel and high priced food but that will not include profit for those who can not raise a calf for $1 a pound. The US government is focused on subsidizing ethanol now and beef producers are on their own. I am going to a bred cow sale on Saturday. Plan to be all in by January. Wish me luck. :cboy: [/QUOTE]
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