Oldtimer said:
Maxine- What will it take this time before NCBA thinks prices are bad?...When R-CALF started and prices pf calves were in the $50-70 range and many ranch folks were going broke , they shocked Congress when they told them about the bad prices and tough times, since NCBA had been painting them a shiny picture of nothing being wrong...
Maxine- How low will NCBA let prices go and slaughter be rolled back before they quit backing the Tyson/Cargill USDA position against allowing private Packers to BSE test to open export markets? How many more years of substantially no exports to Asia will it take for them to wake up?
Maxine-Do you think NCBA should change their position against competing in Asia?
You must be dreaming to think R-Calf or their actions caused prices to advance. Presence and cause are two entirely different events. You are either the most uninformed or most biased person on this planet with many of the totally unsupportable comments you make.
Action and the following reaction proves a whole lot more than months and months/ actually years and years of experts sitting in their penthouses prognosticicating...And usually prognostications which have to be altered continually with excuses and slight of hand to finally make them be close to being right....The Border issue has proof- Border closed= Record prices......Prices I never saw any of the Ouija board readers predicting
Do you have a clue how much corn prices have advanced? How much does the change in corn prices alter what feedlot operators can pay for feeders and calves all other factors being equal?
I believe it was $3.32 yesterday...
Do you even know how to compute the total gain in feed costs of a calf going on feed that will gain 500 pounds? I will give you a hint; that added cost, due the advance in corn prices, now exceeds $100 per head and it is far from being over. You have not seen anything yet if we even so much as have a hint of planting problems next spring. For your information the feeder and calf supply outside feedyards on October 1, inclusive of imports was down 139,000 head.
Feeders and calves were at record levels when the border was open and corn was $1.50 per bushel cheaper. The only change is the price of corn, so how can you deduce from that the open border is the cause of lower feeder and calf prices? Please explain your reasoning if there is any.
Agman I was probably figuring gain/feed/sale prices before you was a glimmer in your Daddy's eye-altho I was not using corn prices, but instead barley and other grain prices/availability...Started selling fat beef in the 50's and 60's- even fed out lambs and hogs back then too...I'm aware that the feeding costs effect the prices- but there are other factors also- fuel costs, truck shortages, lower demand ( which is being fueled by your revered NCBA's refusal to support exporting or open competition by the Creekstones of the world) etc. etc. that were affecting the prices the last week - But you will never convince me or many others who have watched it for years, as transX truck after Trans X truck- and bull hauler after bull hauler all headed south with a one way trade, that the availability and supply of beef from Canada which is brought into the US and fraudulently sold to US consumers as US beef doesn't play a major role....You are doing the same thing that you accuse me of doing- Not using a major factor in your decision making- and the border being open/closed and imports as a whole are a major factor in the price...
Agman- You blew your bias and your supposed expertise with me when you went with the Big Packers/NCBA and against true open free enterprise and markets with your support of USDA's denial to Creekstone and the other Packers that wanted to test- and then said that the Japanese and Asians would be crawling all over each other for US beef as soon as it got there... What a joke... How many years has it been now? :lol: :lol: Come back next year when Japan and Asia are still negotiating and tell me that-- then maybe the year after- and the year after :wink: :lol: :lol:
And keep supporting NCBA and their president who "Doesn't want the US competing with any other beef producing countries :roll: :???: :lol: