Ranchers.net Bull Session

 

Log in Register Ranchers.net Ranchers.net's Bull Session Forum Index FAQ Memberlist Search


CANADIAN CATTLE MEN
Goto page Previous  1, 2, 3
 
Post new topic   Reply to topic    Ranchers.net's Bull Session Forum Index -> Bull Session

Does the Canadian cattle man care about CAPTIVE SUPPLY?
yes they do.
29%
 29%  [ 5 ]
no they dont
70%
 70%  [ 12 ]
Total Votes : 17

Author Message
Murgen
Rancher
Rancher


Joined: 12 Feb 2005
Posts: 2117
Location: Ontario

PostPosted: Wed Mar 16, 2005 2:42 pm    Post subject: Reply with quote

Well OT, we'll try to get that done for you, Maybe we'll even ship it down with a label on it. "Canadian Beef 100% tested for BSE" Hell we might even have a couple of different products for you " Canadian Beef 100% BSE free, hormone free, and DNA tested for origin" Would that make you happy? Would set one hell of a precedent wouldn't it?


Back to top
Tommy
Member
Member


Joined: 11 Feb 2005
Posts: 755
Location: South East Kansas

PostPosted: Wed Mar 16, 2005 2:44 pm    Post subject: Reply with quote

Oldtimer...We haven't seen where it is in the US herd......Just the Canadian herd...That is why I think Canadian beef over twenty months should have to be tested and all of it labeled as a product of Canada......


I agree, and if it is ever found here in the US herd, test everything over 20 months. Show the world that Canada and the US is willing to find out the extent of the problem.


Back to top
Murgen
Rancher
Rancher


Joined: 12 Feb 2005
Posts: 2117
Location: Ontario

PostPosted: Wed Mar 16, 2005 2:55 pm    Post subject: Reply with quote

Tommy, if that is the case then be willing also to buy Canadian cattle to redeem your $175/animal in lost export sales and spend the $30/head to do it. Makes sense to me, spend $30 to gain $145. the other option would be to let us do it and lose the $145 after we get the slaughter capacity!


Back to top
~SH~
Rancher
Rancher


Joined: 14 Feb 2005
Posts: 5426
Location: South Western SD

PostPosted: Wed Mar 16, 2005 5:49 pm    Post subject: Reply with quote

OT: "Your predictions are as good as those NCBA paid beancounters that told us for 20 years that this free trade was going to raise cattle prices--"

Unfortunately for R-CULTers like you OT, you fail to realize that without the value of our export markets in those years, our cattle prices would have been lower.

It's really unfortunate that you know so little about what drives cattle prices.


Haymaker,

Considering the fact that 75% of "captive supply cattle" are forward contract cattle, why did the plaintiffs in Pickett support the use of forward contracts???


~SH~


Back to top
HAY MAKER
Rancher
Rancher


Joined: 13 Feb 2005
Posts: 8307
Location: Texas

PostPosted: Wed Mar 16, 2005 5:57 pm    Post subject: Reply with quote

~SH~ wrote:
OT: "Your predictions are as good as those NCBA paid beancounters that told us for 20 years that this free trade was going to raise cattle prices--"

Unfortunately for R-CULTers like you OT, you fail to realize that without the value of our export markets in those years, our cattle prices would have been lower.

It's really unfortunate that you know so little about what drives cattle prices.


Haymaker,

Considering the fact that 75% of "captive supply cattle" are forward contract cattle, why did the plaintiffs in Pickett support the use of forward contracts???


~SH~



Damn I dont know SH since they were "willing participants" you dont suppose it could have been because their options were limited do you?...........good luck PS this take it or leave it crap because IM the only game in town is comming to an end.




Last edited by HAY MAKER on Wed Mar 16, 2005 5:59 pm; edited 1 time in total
Back to top
Murgen
Rancher
Rancher


Joined: 12 Feb 2005
Posts: 2117
Location: Ontario

PostPosted: Wed Mar 16, 2005 5:59 pm    Post subject: Reply with quote

Question for Haymaker? If a group of producers get together with a large quantity of calves, ready to market those as one group to an individual packer, does this not also meet your definition of "captive supply"


Back to top
~SH~
Rancher
Rancher


Joined: 14 Feb 2005
Posts: 5426
Location: South Western SD

PostPosted: Wed Mar 16, 2005 6:23 pm    Post subject: Reply with quote

Haymaker: "Damn I dont know SH since they were "willing participants" you dont suppose it could have been because their options were limited do you?...........good luck PS this take it or leave it crap because IM the only game in town is comming to an end."

To the contrary Haymaker, their options are more limited in the cash market. Forward contracts are done well in advance of slaughter.

Do you think the cattle producers that own USPB should not be able to own cattle?

Do you think the Federal Government should determine who should own cattle in the U.S.?



~SH~


Back to top
HAY MAKER
Rancher
Rancher


Joined: 13 Feb 2005
Posts: 8307
Location: Texas

PostPosted: Wed Mar 16, 2005 6:23 pm    Post subject: Reply with quote

Murgen wrote:
Question for Haymaker? If a group of producers get together with a large quantity of calves, ready to market those as one group to an individual packer, does this not also meet your definition of "captive supply"


Murgen captive supply is practiced to some degree in one form or another by most cattle men,myself included.I have no problem with any form of captive supply as long as it doesnt unfairly controll markets
Tyson's use of captive supplies of cattle to drive down the price of cattle on the auction circuitis well documented. Captive supplies are cattle that are either owned by, or contracted to a packer at a predetermined and hidden price. The ranchers suing Tyson claimed that the company would dip into its captive supply for its weekly kill when prices on the open market went up. The lack of demand on open markets would drive the price down, and Tyson would then go back and purchase on the open markets. In practice, Tyson was obtaining about half its cattle from captive supplies.
The ranchers' case was based on a 1921 act called the Packers and Stockyards Act, which prohibits packers from employing any "unfair, unjustly discriminatory, or deceptive practice or device" or from making preferential agreements. American cattlemen have been calling for enforcement of this Act to deal with captive supplies for many years.......................good luck




Last edited by HAY MAKER on Wed Mar 16, 2005 6:37 pm; edited 1 time in total
Back to top
~SH~
Rancher
Rancher


Joined: 14 Feb 2005
Posts: 5426
Location: South Western SD

PostPosted: Wed Mar 16, 2005 6:37 pm    Post subject: Reply with quote

Haymaker: "Murgen captive supply is practiced to some degree in one form or another by most cattle men,myself included.I have no problem with any form of captive supply as long as it doesnt unfairly controll markets..............good luck"

When does captive supplies unfairly control markets Haymaker?

Explain it!


~SH~


Back to top
HAY MAKER
Rancher
Rancher


Joined: 13 Feb 2005
Posts: 8307
Location: Texas

PostPosted: Wed Mar 16, 2005 6:48 pm    Post subject: Reply with quote

~SH~ wrote:
Haymaker: "Murgen captive supply is practiced to some degree in one form or another by most cattle men,myself included.I have no problem with any form of captive supply as long as it doesnt unfairly controll markets..............good luck"

When does captive supplies unfairly control markets Haymaker?

Explain it!


~SH~


EACH AND EVERY TIME ITS PRACTICED BY PACKERS TO CONTROL THE MARKETS,WHICH PART OF THIS DO YOU NOT COMPRENDO?.............GOOD LUCK


Back to top
~SH~
Rancher
Rancher


Joined: 14 Feb 2005
Posts: 5426
Location: South Western SD

PostPosted: Thu Mar 17, 2005 6:57 am    Post subject: Reply with quote

You didn't answer my questions Haymaker!

Do you think the cattle producers that own USPB should not be able to own cattle?

Yes or no?

Do you think the Federal Government should determine who should own cattle in the U.S.?

Yes or no?

Have you ever stood up in the sale barn and demanded that a packer didn't bid on your cattle?


The following is Haymaker reciting someone else's quotes AGAIN........


Haymaker: "Tyson's use of captive supplies of cattle to drive down the price of cattle on the auction circuitis well documented."

That isn't well documented. That's well "theorized".

If it was well documented, the plaintiffs in Pickett would not have lost their case.


Haymaker: "Captive supplies are cattle that are either owned by, or contracted to a packer at a predetermined and hidden price."

75% of captive supplies are forward contracts that producers willingly enter into and the price is not hidden.

Do you want to end that practice?


Haymaker: "The ranchers suing Tyson claimed that the company would dip into its captive supply for its weekly kill when prices on the open market went up."

When are those forward contract and packer owned cattle supposed to be killed Haymaker?

Didn't producers know when they sold those cattle to packers via foward contract that someday they would have to be killed?

What about when the prices on the open market went down? These cattle still have to be slaughtered don't they? Wouldn't that create just the opposite affect?

If packers can control the markets, why do fat cattle prices fluctuate at all??


Haymaker: "The lack of demand on open markets would drive the price down, and Tyson would then go back and purchase on the open markets."

Then why would producers forward contract to packers knowing that these cattle will have to be slaughtered someday?


Haymaker: "In practice, Tyson was obtaining about half its cattle from captive supplies."

That is a lie. Captive supplies do not include formula and grid cattle.

Captive supplies only include forward contract cattle and packer owned cattle not formula and grid cattle which the deceivers included to create the "illusion" that captive supplies are larger than they really are.


Haymaker: "The ranchers' case was based on a 1921 act called the Packers and Stockyards Act, which prohibits packers from employing any "unfair, unjustly discriminatory, or deceptive practice or device" or from making preferential agreements. American cattlemen have been calling for enforcement of this Act to deal with captive supplies for many years."

The plaintiffs in Pickett also agreed that IBP had a legitimate business reason for using captive supplies and had entered into forward contracts themselves.

You are in way over your head Haymaker especially when you have to quote someone else.




~SH~


Back to top
HAY MAKER
Rancher
Rancher


Joined: 13 Feb 2005
Posts: 8307
Location: Texas

PostPosted: Thu Mar 17, 2005 9:29 am    Post subject: Reply with quote

Then so are about 14000 honest cattle men I have to disagree with you sh I believe you and your kind are over your head,the explosive growth in R CALF and the severe decline in NCBA membership proves my point,listen close SH and write this down so you dont forget,FAIRNESS that is what the UNITED STOCK GROWERS OF AMERICA is promoting for the grass roots cattle man................good luck PS I dont have time to go back and forth with you today boy weather is breaking and I have lots to do.


Back to top
Display posts from previous:   
Post new topic   Reply to topic    Ranchers.net's Bull Session Forum Index -> Bull Session All times are GMT - 6 Hours
Goto page Previous  1, 2, 3
Page 3 of 3

 




Powered by phpBB
Copyright © 2001-2011 Ranchers.net
All times are GMT - 6 Hours