Conman: "The choices you give show that domestic producers did not benefit and that was the original point. Packers benefitted, consumers benefitted, and domestic producers lost out."
Wrong again!
The choices I gave had nothing to do with what domestic producers were paid for their cattle due to the value of their trim AFTER IT WAS BLENDED.
The U.S. producer is served best when all the money that can be made from a carcass is made. Packers pay according to what they receive.
You are so completely ignorant of this industry that you actually believe that prices cannot go up as supplies go up. That's how lost you are.
MRJ: "Isn't it logical that if the packer realizes LESS for the total carcass he is going to pay LESS for the live animal......and if he gets more for the total carcass, he will be able to pay MORE for the live animal, other marketing aspects being equal?"
Totally logical for anyone with any business savy and void of conspiracy notions.
That's why these conspiracy theorists can't explain why live cattle prices track with boxed beef prices on a long term basis. The most obvious observation blows their market manipulation conspiracy theories wide open. They can't accept the truth or the most obvious supply and demand relations.
Sandbag: "Now, who took the lighter check so the Aussies could get paid?"
Nobody! The producer was paid more for his cattle because the retailer sold more of the chucks and rounds at $2.00 rather than grinding them to blend with the 50/50 trim and devaluing them to $1.50 per pound. He imported cheap lean trimmings to blend with the trim adding value to the trim while he sold the chucks and rounds for $2.00.
Why can't you figure it out?
Sandbag: "How many tons of trim do you think has been sent to the renderer or disposed of at a cost? I don't think that is a huge problem, do you?"
YOU TELL ME SANDBAG!
Back a position with some hard data for once and you might gain some respect around here beyond your packer blaming clones.
Sandbag: "No, I don't think that is logical. The packer will pay as little for the animal as he can regardless - that's Business 101."
That is true BUT the packer is going to have to pay more than the competition to get the cattle bought - THAT IS BUSINESS 101 and a more important factor. Something you cannot get through your thick conspiracy minded head. If there is a buck to be made, someone is going to make it unless government mandate lovers like you discourage them from entering the market due to excessive regulations.
You can't explain why live cattle prices track with boxed beef prices.
Sandbag: "Look what they just got thru doing in Canada. Did they share the wealth there or did make all they damn well could?"
When the Canadian border closed to live cattle imports into the U.S., Canada found themselves in a situation of having more cattle than slaughter capacity. In contrast, the U.S. found themselves in a position of more slaughter capacity than cattle. That is an absolute fact.
The normal competition ceased to exist in Canada and Canadian packers profited while U.S. plants were cutting shifts and closing plants.
That is not a normal supply and demand situation because the closing of the border disrupted the normal flow of cattle through the packing plants. The extreme does not make the norm.
You R-CULTers helped prolong that situation until your lies were revealed in court.
Explain to me why prices in Canada rebounded once the border opened?
You can't! The answer is because the supply of cattle once again stabalized with the demand of slaughter capacity in both the U.S. and Canada.
Something else you can't get through your thick head is the fact that Canadian cattle would not disappear off the world market. If the U.S. did not import Canadian cattle (THAT WHOPPING 4% OF OUR PRODUCTION), Japan eventually would.
Conman: "Bankers are well regulated but some politicians and packers are not."
Packers are highly regulated. You're just upset because violations of the laws cannot be found as readily as conspiracy theorists like you had hoped.
~SH~