Brad S
Well-known member
WB said:I am not looking for an argument but I do believe $750 dollar steers will cause some liquidation here in South Dakota. There are some that are paying too much in pasture rent and machinery and add high costs of cow depreciation and they are not going to stay in cow business. One must also factor in the fact that the low is not in yet on the live cattle. It just depends how many of these heifer calves enter feedlot vs the breeding herd. Time will tell.
I agree about high cost producers, I should have said net liquidation.