Thank you Corbitt! At least the cattlemen still believe in this business. Your funds traders/traitors don't. Glad to hear the market is keeping strong.
Industry knows we are working with less numbers. The Avian Flu deal is not causing mass dairy cow culls or death. COF inventory was up 1% from last year. It’s still below where we were 2 years ago. Packers can’t seem to build inventory around them. Even with slowed kills. They hate running in at reduced numbers. It makes them less efficient. If they throttled up the kill back to 620 to 630000 the inventory would dwindle faster. And they are getting all the feeders. No one is holding back heifers at these prices. That’s why market was back yesterday. If it did anything it helped feedlot buyers buy a few cheaper to put on feed.
There's a shortage of animals worldwide if there would be abundance of livestock this would work for the Packers but there's just not enough livestock to supply the industry
my guess ,its been there forever,more you look the more you see, its purposed to pressure consumer to push back on highly condensed feeding,environmemtal ideals etc.,more monitoring for food safety...
Thank you Corbitt! At least the cattlemen still believe in this business. Your funds traders/traitors don't. Glad to hear the market is keeping strong.
The packers will use anything to drive prices down.
It would be better said The packers want cattle cheap so they can sell for high prices
Yes they will and that bothers me. Nothing seems to be working for them and what will they pull next. They are evil. Madcow.
USDA and the Packers are doing a fine job using checkoff dollars
Industry knows we are working with less numbers. The Avian Flu deal is not causing mass dairy cow culls or death. COF inventory was up 1% from last year. It’s still below where we were 2 years ago. Packers can’t seem to build inventory around them. Even with slowed kills. They hate running in at reduced numbers. It makes them less efficient. If they throttled up the kill back to 620 to 630000 the inventory would dwindle faster. And they are getting all the feeders. No one is holding back heifers at these prices. That’s why market was back yesterday. If it did anything it helped feedlot buyers buy a few cheaper to put on feed.
There's a shortage of animals worldwide if there would be abundance of livestock this would work for the Packers but there's just not enough livestock to supply the industry
my guess ,its been there forever,more you look the more you see, its purposed to pressure consumer to push back on highly condensed feeding,environmemtal ideals etc.,more monitoring for food safety...
Paying 500 to 600 dollars per head for dairy beef cross bottle calves is a non money marker.Just throw your money away an not waste your time
Fear to spark the trade on the CBT.
Negative much