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Non-Cattle Specific Topics
Coffee Shop
Why are beef prices so high
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<blockquote data-quote="Lucky" data-source="post: 1721091" data-attributes="member: 32659"><p>Does anyone know what price the packers are actually paying for a steer? I have know idea what they pay. Something like 75% of sales are done through private negotiated contracts. The new Cattle book bill should shed some light on things but will probably take years. You definitely can't go by the "packers record profits" line. Heck we are making record profits at the business and the ranch but both are still barely getting by. The only reason we have records profits is because we finally got both paid for. If you want more for your product don't sell it until you get your asking price.</p></blockquote><p></p>
[QUOTE="Lucky, post: 1721091, member: 32659"] Does anyone know what price the packers are actually paying for a steer? I have know idea what they pay. Something like 75% of sales are done through private negotiated contracts. The new Cattle book bill should shed some light on things but will probably take years. You definitely can't go by the "packers record profits" line. Heck we are making record profits at the business and the ranch but both are still barely getting by. The only reason we have records profits is because we finally got both paid for. If you want more for your product don't sell it until you get your asking price. [/QUOTE]
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Why are beef prices so high
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