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whats driving cattle prices up so much
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<blockquote data-quote="Brute 23" data-source="post: 1820977" data-attributes="member: 6291"><p>I was watching a discussion online where they were discussing this and said many of these large livestock producers are hanging on by a thread because they have land notes and 9%+ operating notes on cattle and equipment and other things. The only thing keeping them afloat is the higher cattle prices. They claim if prices fall you will will see these highly leveraged guys fold. </p><p></p><p>Imagine if so many people weren't in a drought right now across the country. Where would prices be right now, next year, the next?</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1820977, member: 6291"] I was watching a discussion online where they were discussing this and said many of these large livestock producers are hanging on by a thread because they have land notes and 9%+ operating notes on cattle and equipment and other things. The only thing keeping them afloat is the higher cattle prices. They claim if prices fall you will will see these highly leveraged guys fold. Imagine if so many people weren't in a drought right now across the country. Where would prices be right now, next year, the next? [/QUOTE]
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whats driving cattle prices up so much
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