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Where will beef prices be in a year...in 2 years????
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<blockquote data-quote="Rangenerd" data-source="post: 487544" data-attributes="member: 4971"><p>If you can tell where the markets are going, you should be working in New York or Chicago for the exchanges. You would be making a hell of a lot more money.</p><p>My thinking is, it's going to take 10 years for the markets to stableize from the ethonal corn glut, and the oil price spike. </p><p>Here in California, rumor is, the Imperial Valley is going to take out about about 100K to 150K acres of hay (alfalfa) an put in sugar cane. I can only guess what loosing that 2.5million ton of hay will do to the west coast hay market. And as all of you know, as feed cost go, so goes the cattle market.</p></blockquote><p></p>
[QUOTE="Rangenerd, post: 487544, member: 4971"] If you can tell where the markets are going, you should be working in New York or Chicago for the exchanges. You would be making a hell of a lot more money. My thinking is, it's going to take 10 years for the markets to stableize from the ethonal corn glut, and the oil price spike. Here in California, rumor is, the Imperial Valley is going to take out about about 100K to 150K acres of hay (alfalfa) an put in sugar cane. I can only guess what loosing that 2.5million ton of hay will do to the west coast hay market. And as all of you know, as feed cost go, so goes the cattle market. [/QUOTE]
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Where will beef prices be in a year...in 2 years????
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