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<blockquote data-quote="Aaron" data-source="post: 643041" data-attributes="member: 1682"><p>I am one of the few that will say that we need to see a contraction of all food commodities in North America. Talking to a neighbour in his early 60's....he said the same thing. "We need to see a big reduction in the cattle industry, so maybe we can get to a point where supply is actually limited and young guys can make a buck at it." Get away from this idea that we need to feed the world and focus on our own people (who couldn't care half the time either). Until then, your not going to see major swings in our live cattle prices. I am interested to see where cull cattle prices are going to end up this summer. Lots of people going to be eating hamburger and very doubtful the packers are going to start grinding select steer carcasses into ground beef. I would predict we are going to see fat cattle prices dwindle down this summer and cull cattle go sky high. :cowboy:</p></blockquote><p></p>
[QUOTE="Aaron, post: 643041, member: 1682"] I am one of the few that will say that we need to see a contraction of all food commodities in North America. Talking to a neighbour in his early 60's....he said the same thing. "We need to see a big reduction in the cattle industry, so maybe we can get to a point where supply is actually limited and young guys can make a buck at it." Get away from this idea that we need to feed the world and focus on our own people (who couldn't care half the time either). Until then, your not going to see major swings in our live cattle prices. I am interested to see where cull cattle prices are going to end up this summer. Lots of people going to be eating hamburger and very doubtful the packers are going to start grinding select steer carcasses into ground beef. I would predict we are going to see fat cattle prices dwindle down this summer and cull cattle go sky high. :cowboy: [/QUOTE]
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