GM88 said::shock: :shock: hope there is money left for everyone down the line so this wont fade away.
tenbach79 said:Went to the cattle sell today a lot of 5 to 6 weight calves brought $1200 a head today. Sure wish I still had mine and hope these prices stay next year.
Big Muddy rancher said:What are these 5-6 wt steers going to do on grass when they are going out a $1000. Think they will make any money?
What a great time to be in the cattle business. Talking cattle markets is a lot like the weather, I am not sure we have seen this in our lifetime. Imputs are high and seem to be going up, but I think we are just in a new game that we need to adjust to. It seems we are going to hit a new normal, but I don't think we are there yet. One thing we are in control of, is optimism, we can't control imputs or the weather, but we can always be optimistic of the future. After all, this is "next year" country even when we had a year like this.
Northern Rancher said:Id gamble on a breeding female before I would a $1200 grass steeer-steers have a shelf life while a female can be amortized while you work through a market correction. It is definately a scary but exciting time to be in the cow business for sure-it still beats changing cultivator shovels lol.
Oldtimer said:Northern Rancher said:Id gamble on a breeding female before I would a $1200 grass steeer-steers have a shelf life while a female can be amortized while you work through a market correction. It is definately a scary but exciting time to be in the cow business for sure-it still beats changing cultivator shovels lol.
I agree Cory-- the heifers could go either which way-- depending on where the market is------- BUT unless everything falls to hell- I think "the experts" are right and over the next few years all you can say is "HIGHER, HIGHER, HIGHER...
I see no different and it may prove what Pat Goggins has said for years- all the cattle industry needs is a good recession/depression that those that live thru it will profit off from......