packers paying more

[ranch hand]

Feeders Remain Strong – Fed Cattle Lose A Step
Despite continuing healthy packer margins, and relatively tight supply, fed cattle lost $1-$2 last week, dropping to $99-$100 in Colorado, Nebraska and the Southern Plains.

MRJ...didn't you say that the more money packers make then they will pay more? Just wondering why your sound science isn't working.

 

[Sandhusker]

She can't answer you. NCBA doesn't have any talking points prepared that she can use on this topic.

 

[Mike]

According to Hedger's Edge, packer margins are at $65 per head.

That would equate to almost $3 MILLION per day profit for Tyson.

Someone here once said the more money the packers make, the more they can afford to pay?

 

[Kato]

They pay only what it takes to get the cattle and not one cent more. That's life in a buyer's market.