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Packer Margins in Black

Mike

Well-known member
Packer margins were brought back into the black last week following the rise in wholesale choice boxed beef levels not seen in almost two years. USDA put the choice beef cutout at $162.86/cwt, up $2.98/cwt. According to HedgersEdge.com, the average beef plant margin for Monday was at a positive $15.35/head, $2.50/head better than last Friday and up $25.75/head from one week ago. Expect these higher cash prices and lower corn futures to create fresh demand for replacement feeders. Cash sellers should consider holding onto cattle a little bit; selling heavier weights on what could be a market uptick over the next two weeks.
 

Brad S

Well-known member
Hedgersedge should damn well know that good news in beef markets are excluded by the demise of rcalf. In the beef up $3 - I ain't even hearing that crap, ain't true. Without Rcalf beef will plummet.

Sorry guys, makin up $hit about somebody that put about $50k in my kid's shoe fund brings out the worst in me.
 

Sandhusker

Well-known member
Brad S said:
Hedgersedge should damn well know that good news in beef markets are excluded by the demise of rcalf. In the beef up $3 - I ain't even hearing that crap, ain't true. Without Rcalf beef will plummet.

Sorry guys, makin up $hit about somebody that put about $50k in my kid's shoe fund brings out the worst in me.

Well, after the statement; "We" can make more money buying foreign cattle instead of domestic, what else are we supposed to think? Who would that "we" include? The (admittedly wild guessed) mentioned names or the folks who frequent this board?
 

rkaiser

Well-known member
Sandhusker sleepyhead says -
Well, after the statement; "We" can make more money buying foreign cattle instead of domestic, what else are we supposed to think? Who would that "we" include? The (admittedly wild guessed) mentioned names or the folks who frequent this board?

I guess we'll find out won't we Sleepyhead. Prices will not slip for cull cows in America one cent if and when Rule two passes.
 

rkaiser

Well-known member
Ooops, I just made up a new nickname for Sandhusker - Sleepy Head

I guess the two of you do have similarities at opposite ends of the load beam.
 

Sandhusker

Well-known member
rkaiser said:
Ooops, I just made up a new nickname for Sandhusker - Sleepy Head

I guess the two of you do have similarities at opposite ends of the load beam.

You had better be smiling if you say I have anything in common with SH! Don't think I won't come up there .......
 
A

Anonymous

Guest
Damn straight Brad!

When Agman is turning down requests to speak on marketing, Sandcheska is hidden in the back of a small bank in Cody, NE. LOL!

Poor little Sandcheska can only stand and watch as the R-CULT walls crumble.


~SH~
 

Sandhusker

Well-known member
rkaiser said:
Sandhusker sleepyhead says -
Well, after the statement; "We" can make more money buying foreign cattle instead of domestic, what else are we supposed to think? Who would that "we" include? The (admittedly wild guessed) mentioned names or the folks who frequent this board?

I guess we'll find out won't we Sleepyhead. Prices will not slip for cull cows in America one cent if and when Rule two passes.

Yeah, they will. We'll just be told it was because of something else.
 

Brad S

Well-known member
Husker,
You say the use of "we" is a freudian slip indicating ties with processors as opposed to feeders, and believe me, I come from where you are philosophically. AM uses the term we as overall beef industry - he has the overview in which processors and feeders have a hell of alot more mutual interests than self interests. I see you Husker as honest and bright, but sidetracked in much the same ways as me. I'll never confuse ibp with Polly Anna, but I can't let a lifetime of adversarial exchanges with ibp distort reality. The value of objective industry analysis for producers is huge. We can really get that group think going among us producers, and when someone like AgMan has the temerity to interrupt with objective truth we must choose between maintaining our comfort level or advancing for our kids.
 

Sandhusker

Well-known member
Brad S said:
Husker,
You say the use of "we" is a freudian slip indicating ties with processors as opposed to feeders, and believe me, I come from where you are philosophically. AM uses the term we as overall beef industry - he has the overview in which processors and feeders have a hell of alot more mutual interests than self interests. I see you Husker as honest and bright, but sidetracked in much the same ways as me. I'll never confuse ibp with Polly Anna, but I can't let a lifetime of adversarial exchanges with ibp distort reality. The value of objective industry analysis for producers is huge. We can really get that group think going among us producers, and when someone like AgMan has the temerity to interrupt with objective truth we must choose between maintaining our comfort level or advancing for our kids.

You're right, I do see Agman's use of "we" as a definite slip - because it was. There's no way he meant the overall beef industry. Clearly, producers are left out in the cold when "we" buy foreign. The truth that Agman brings is that the big packers CAN make more money bypassing us. That is exactly why they are pushing for open borders and fighting COOL. What is best for the packers is NOT necessarily the best for producers. It should be obvious to everybody.
 

Brad S

Well-known member
Does anyone think that Canadian culls will vaporize if they don't enter the US? THey'll seize the same market share in the world, but the extra friction due to trade barriers will DESTROY WEALTH in the beef sector.
 

Sandhusker

Well-known member
Brad S said:
Does anyone think that Canadian culls will vaporize if they don't enter the US? THey'll seize the same market share in the world, but the extra friction due to trade barriers will DESTROY WEALTH in the beef sector.

I was under the impression that we didn't export our culls...
 

Brad S

Well-known member
We don't export our culls, fortunately we have processing capacity that upgrades our culls to beef. One helluva lotta cow beef goes to Mexico.

Even if we didn't export cow beef, and excluded Canadian culls, Canadian culls would displace Aussie beef somewhere and result in increased Aussie imports. Canadian beef ain't disappearing.
 

rkaiser

Well-known member
Canadian Beef ain't disappearing all right - but producer profits are. Open your eyes Brad - who is profitting from American Multinational Beef stolen from Canadian producers live on the hoof in a perfectly :roll: legal manner.
 

rkaiser

Well-known member
Oh yes ---pleas don't give me the BSE excuse Brad. Unlike Sandhusker - I believe that Cargill and Tyson are running the Canadian border thing and running it very well thank you very much.

I wasnt smiling when I made th comparison to Scotty - Sleepy Head - but I am now knowing that you want to come up and kick my ass. :lol: :lol:
 
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