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Coffee Shop
Why are beef prices so high
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<blockquote data-quote="GoWyo" data-source="post: 1721651" data-attributes="member: 38220"><p>Don't forget that the US beef herd was expanding from 2014 through 2020. Now cows are being liquidated with the drought and calf crops in 2022 "should" be a bit smaller. Demand for beef has been strong. Barring more black swan events, fats should hold some ground. Packers have had the leverage because there has been a plentiful supply of cattle. If grain prices stay high and farmers sell out cows to focus on grain farming, things are looking up for us producers who run cows on range and don't have crop ground. High grain prices lead to high cattle prices even though it seems counterintuitive.</p></blockquote><p></p>
[QUOTE="GoWyo, post: 1721651, member: 38220"] Don't forget that the US beef herd was expanding from 2014 through 2020. Now cows are being liquidated with the drought and calf crops in 2022 "should" be a bit smaller. Demand for beef has been strong. Barring more black swan events, fats should hold some ground. Packers have had the leverage because there has been a plentiful supply of cattle. If grain prices stay high and farmers sell out cows to focus on grain farming, things are looking up for us producers who run cows on range and don't have crop ground. High grain prices lead to high cattle prices even though it seems counterintuitive. [/QUOTE]
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Why are beef prices so high
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