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What is happened to our cattle prices???

Sandhusker said:
Bill, "Are you a full R-Calf member with the same rights and priviledges as an actual producer or are you in as an associate?"

I'm a regular member.

So anyone can help set R-Calf policy without being a producer or even involved in the industry?
 
Bill said:
Sandhusker said:
Bill, "Are you a full R-Calf member with the same rights and priviledges as an actual producer or are you in as an associate?"

I'm a regular member.

So anyone can help set R-Calf policy without being a producer or even involved in the industry?

All you have to do is raise cattle like Sandhusker does- You don't have to be a Cattle Baron - just own cattle....My banker is an R-CALF member ( runs cattle with his dad) and I'm glad he's involved enough to want to get the whole picture of the industry......
 
Bill said:
Sandhusker said:
Bill, "Are you a full R-Calf member with the same rights and priviledges as an actual producer or are you in as an associate?"

I'm a regular member.

So anyone can help set R-Calf policy without being a producer or even involved in the industry?

Are you telling me that an ag banker is not involved in the industry?
 
Oldtimer...All you have to do is raise cattle like Sandhusker does- You don't have to be a Cattle Baron - just own cattle....My banker is an R-CALF member ( runs cattle with his dad) and I'm glad he's involved enough to want to get the whole picture of the industry......


My banker is an R-CALF member also. He also runs cattle with his dad and granddad. I got him to join and he is glad he has.
 
What has happened? Try worrying about what's GOING to happen. If live prices stay above the '70s this summer you guys are going to be lucky. Feeder contracts are now below a buck for the first time in FOREVER. Looks like we're finally getting back to sensible markets, no thanks to R-CALF and the Protectionists. All we had to do was try to keep markets sane but nooooo... the feeders wanted the world. We killed off demand and are now looking at a big 'ol glut in supply. Here's a hint, the exports aren't the main problem.
 
packerland said:
What has happened? Try worrying about what's GOING to happen. If live prices stay above the '70s this summer you guys are going to be lucky. Feeder contracts are now below a buck for the first time in FOREVER. Looks like we're finally getting back to sensible markets, no thanks to R-CALF and the Protectionists. All we had to do was try to keep markets sane but nooooo... the feeders wanted the world. We killed off demand and are now looking at a big 'ol glut in supply. Here's a hint, the exports aren't the main problem.

You better watch the substitutes (Tyson's chicken).

Swing the markets and then blame it all on the feeders.

Now I have heard it all.

It is getting time to compete in the chicken industry and have a little more concentration over there. Packer politics is paying off.
 
The simple answer is beef at the retail level has been too high and people such as myself are buying other forms of protein! I have no cows or other livestock just answering with the truth! I haven't bought anything other than 80% ground in awhile, I can not afford to spend 5.00/7.50 per lb on steak to feed a family of 5, when I can get chicken on sale for .99 a lb or buy pork loins at sams club for 1.88 a lb. I can get cod loins for 3.89 a lb at sams as well. I love lamb shops but forget 14.00 a lb as well.

We eat alot of deer meat and elk when I can get it to suffice our red meat protein. Until beef prices drop just can not afford to feed the family much other than chile and tacos with 80% ground when it is on sale. Supply and demand in the real world the average working family can not afford beef in the 5/8.00 per lb offering 2+ times per week, not with other cheaper alternatives. Pork and chicken offerings in the meat counters equal or out "space" beef in many small town grocery stores.
 
RM: "Fedup2, I, as well as, I believe, most here, appreciate your post and your point of view. Thanks for being a part of this board."

Robert we already know what your bias is. I can't think of anyone that has been corrected more times on this site than you have and still you continue to search for anything that will support your anti corporate packer blaming bias. Obviously you would support Fedup's relentless post evaluations.

You, like most packer blamers, are not looking for the truth, you are looking to support your bias. Sandbag, OT, Tommy, Conman, Rod, and you are all the same from that standpoint.

It's also well known how you packer blamers need your little support groups. When you don't bring anything to the table, you discuss the manner in which others bring something to the table. Some things never change.

When I first came to this site, I honestly believed that the facts and truth would turn many packer blamers around. I never understood the depths of the need for some to have someone or something to blame. I'm still amazed. Time and time again the packer blamers false allegations are corrected or challenged for the facts that support them and time and time again the packer blamers are proven wrong. This truth brings resentment.
I guess it's just a fact of life that those who want to blame are going to find something or someone to blame. As Agman says, "facts be damned".
R-CALF loses every court case they are involved in and blamers still clutch on to their need to blame and throw money at R-CALF. Unbelievable!


Rod: "This is how I know that you have no business experience at all. Within business, GROSS profits are discussed all the time. And when someone lists figures upon which no costs have been deducted, its understood to be gross profits, something you obviously have no idea about."

When discussing "profits", it's well known that "profit" means NET PROFIT AFTER EXPENSES unless specifically addressed as "GROSS PROFITS BEFORE EXPENSES".

The dictionary agrees.

Effective communication is something you obviously have no idea about.

No need to address that further. If you want to have a discussion on "GROSS PROFITS", address it as "GROSS PROFITS BEFORE EXPENSES" then everyone will know you are not talking about "PROFITS" per say which is what is left after expenses.


Rod: " like how you "forget" to post the follow on information. Nice work SH in trying to warp facts to your own viewpoint. Like where I use you 40% of live weight (which, by the way, according to the shops I talk to is closer to 43% - 45% for regular ground beef)."

Same-O, Same-O! When the packer blamers are corrected with the facts they immediately resort to lies about "warping facts" or some other lame excuse.

HOW DO YOU WARP YOUR ACTUAL STATEMENTS ROD???? Show me the warped facts! More cheap talk I presume.

Still can't admit you were wrong can you? It's all there for anyone to see Rod. YOUR claim was a 50% red meat yield from an 1140 pound culls and heiferettes priced at $1.99 per pound.

Those are your exact words Rod.

I just got off the phone with one of the largest locker plants in the area. He said a cull cow in good shape would dress about 48% - 50%, NOT 63%. Just as a I figured. After that, 2/3 is red meat yield.

1140 X 49% = 559 lb. carcass (dressing percentage)
559 x 66% (2/3) = 369 lb. of ground beef.

369 POUNDS OF GROUND BEEF IS A HELL OF A LONG WAYS FROM THE 570 POUNDS OF GROUND BEEF YOU STATED!!!

Instead of trying to spin around it, be a man and admit you were wrong, BIG TIME!

559 lb. x $1.99 per pound = $1112.41
369 lb. x $1.99 per pound = $734.31

THAT'S $378.10 DIFFERENCE IN PRICE?????

Does that answer a big part of your question regarding where the $875 went???? LOL!

My 40% figure was too high, for cull cows. Granted, those heiferrettes would have dressed better. 32% red meat yield is closer to the actual red meat yield on a cull cow.

Don't shoot the messanger. LOL! You should be happy that you're not getting screwed that additional $378.


Rod: "No I didn't. I'm CANADIAN. Those were CANADIAN PRICES. Which I also clearly stated in that message thread and which you conveniently left out."

Nowhere in the message above did you state CANADIAN DOLLARS. Another of your many "after thoughts".

In fairness, the locker plant quoted ground beef prices higher than I had estimated. U.S. dollars for 85/15 ground beef, AT CURRENT CULL COW PRICES, is selling for $2.20 per pound.

Now before you go hammering on my small miscalculation which is dwarfed in comparison to a 18% difference in red meat yield, COMPARE OUR CULL COW PRICES TO YOURS. This locker is paying a lot more for cull cows than yours are.

Also consider that locker plant 85/15 ground beef is higher priced than Walmart 85/15 ground beef.


Rod: "Not even 1% of carcass when considering hamburger."
(in regards to injection site lesions, blemishes, and bruises)

Granted, as stated, injection site lesions and bruising is not much of a problem. On some cows it used to be a big problem.


Rod: "40% already knocks off trim."

40% wasn't your number, 50% was and you never mentioned trim because you didn't consider it. The actual 32% red meat yield considers trim.


Rod: "Live weight was shrunk weight."

I'm not talking about the live weight shrink, I'm talking about the carcass weight loss due to shrink. It is an issue. How much? Probably not much but it is a factor.


Rod: "Just did, you missed on all of them."

Hahaha! I missed on none of them. Every one of those is a factor. You said 50% red meat yield, the red meat yield was closer to 32% as opposed to my estimate of 40%. You said $1.99 for ground beef Canadian, that still seems too high considering your cull cow prices but I'll give you the benefit of the doubt there. You never mentioned the trim. You never mentioned the carcass shrink. You never mentioned the possibility of loss due to cut out injection sites and blemishes.

Yeh, you bet, I really missed on all of them. LOL!

The big miss here was an 18% difference in red meat yield that was miscalculated by you in your haste to blame the packers for profitting at the expense of poor Rod.


Rod: "Enron accounting. SRM removal is actual cost in labor of removal of SRMs. The lost value is already taken into account by the reduced value saleable meats."

When discussing the lost value of a carcass due to SRM removal, this SRM cost estimate considers the lost value, PERIOD.

That is what the whole discussion on SRM removal encompasses.



~SH~
 
HGL: "I haven't bought anything other than 80% ground in awhile, I can not afford to spend 5.00/7.50 per lb on steak to feed a family of 5, when I can get chicken on sale for .99 a lb or buy pork loins at sams club for 1.88 a lb."

Right there it is in black and white from a consumer's perspective.

Meanwhile, the current president of the SDSGA stated that imports are a bigger factor on our markets than competitive meats. I absolutely couldn't believe it.

$.99 per pound chicken. My wife says the same thing you just said Happy. That is what the cattle/beef industry is facing.

You guys can blame the packers and imports for lower cattle prices until hell freezes over but the real issue is consumer spending and always has been.

Conman, Packerland is right. When feeders back up cattle in the feedlot and add tonnage, the prices go down. There is no bigger INTERNAL threat to the cattle industry than falling boxed beef prices and cheap corn.

Feedlot "currentness" is a huge issue but feeders always try to hold out for more money in falling markets and compound the problem with extra tonnage. I'm not blaming the feeders, I'm just stating a fact.


~SH~
 
~SH~ said:
I just got off the phone with one of the largest locker plants in the area. He said a cull cow in good shape would dress about 48% - 50%, NOT 63%. Just as a I figured. After that, 2/3 is red meat yield.

And just what is he slaughtering? Holsteins? 63% carcass is an accepted figure for British animals. I just finished carting down meat from an 1100 lb cull. There were 440 1lb packages of hamburger, plus a couple roasts and a couple steaks. When I get the actual bill, I'll post the weights and final tally. At just the hamburger, we're past your 39%.

Nowhere in the message above did you state CANADIAN DOLLARS. Another of your many "after thoughts".

No. I'm CANADIAN. Do you think we do business up north in US dollars?

Rod: "Live weight was shrunk weight."

I'm not talking about the live weight shrink, I'm talking about the carcass weight loss due to shrink. It is an issue. How much? Probably not much but it is a factor.

Thats what live weight shrink IS. You knock 4% off the live weight of a slaughter animal, and that is supposed to equal shrink so the packer is only paying for the meat and not the water in its tissues.

When discussing the lost value of a carcass due to SRM removal, this SRM cost estimate considers the lost value, PERIOD.

If removing SRMs removes 50 lbs of saleable product, that WILL BE reflected in the gross receipts for that animal. You can NOT deduct it a SECOND TIME in the form of lost profit. Thats called Enron accounting.

Rod
 
Rod: "63% carcass is an accepted figure for British animals."

Another spin job!

63% is an accepted CARCASS YIELD FOR FAT CATTLE, not an accepted RED MEAT YIELD FOR CULL COWS. Apples and oranges. You are flat wrong on this. You were discussing cull cows and red meat yield, not fat cattle and carcass yield.

You are still trying to justify your ignorance. How sad!


Rod: "I just finished carting down meat from an 1100 lb cull. There were 440 1lb packages of hamburger, plus a couple roasts and a couple steaks. When I get the actual bill, I'll post the weights and final tally. At just the hamburger, we're past your 39%."

Is this from one of your "heiferettes"???

A heiferette is not a "typical" aged cull cow.

You're still trying to spin your ignorance. You said your culls weighed 1140 pounds, not 1100. 448 pounds divided by 1140 is 39% red meat yield.

GOSH, YA REALLY PUT ME IN MY PLACE THEIR ROD!

I bet that was one of the heiferettes too wasn't it?


Rod: "Thats what live weight shrink IS. You knock 4% off the live weight of a slaughter animal, and that is supposed to equal shrink so the packer is only paying for the meat and not the water in its tissues."

Oh for crying out loud. I'M NOT TALKING ABOUT LIVE WEIGHT SHRINK, I AM TALKING ABOUT SHRINK ON THE CARCASS. MOISTURE LEAVING THE CARCASS AS IT'S PROCESSED AND PACKAGED.

What happens to meat if you leave it setting out? IT DRIES OUT RIGHT? SHRINK, GET IT???

he still doesn't get it.



Rod: "If removing SRMs removes 50 lbs of saleable product, that WILL BE reflected in the gross receipts for that animal. You can NOT deduct it a SECOND TIME in the form of lost profit. Thats called Enron accounting."

Another spin job. There is not double accounting. The lost value from SRM removal includes the cost to remove the SRM's and the lost value from the inability to sell those SRMs. THAT IS THE LOST VALUE!


Sandbag, you have met your deceptive "illusionist" twin in Rod. Do they send packer blamers to some school to teach them to be dishonest?


~SH~
 
~SH~ said:
RM: "Fedup2,

Quote:
Rod: "Live weight was shrunk weight."


I'm not talking about the live weight shrink, I'm talking about the carcass weight loss due to shrink. It is an issue. How much? Probably not much but it is a factor.


~SH~


In addition to carcass shrink, total shrink encompasses product shrink, spoilage, and product theft. Those factors combined can be as high as 7% at retail. agman
 
Thanks Agman!

There you go Rod, more deductions and we haven't even got to the processing costs have we?


~SH~
 
With all of this said, Agman and SH, why does/did Rod get less for his cows than U.S. producers and if he did get less, and the prices out the packer door was the same, where did the money go?
 
~SH~ said:
Rod: "63% carcass is an accepted figure for British animals."

Another spin job!

63% is an accepted CARCASS YIELD FOR FAT CATTLE, not an accepted RED MEAT YIELD FOR CULL COWS. Apples and oranges. You are flat wrong on this. You were discussing cull cows and red meat yield, not fat cattle and carcass yield.

You are still trying to justify your ignorance. How sad!

Why do you think I said 63% Carcass? And before my culls ship, they are fattened. A fat 2 yr old heifer is NOT going to drop from 63% down to 50% carcass. Again, you must be raising holsteins.


~SH~ said:
Rod: "I just finished carting down meat from an 1100 lb cull. There were 440 1lb packages of hamburger, plus a couple roasts and a couple steaks. When I get the actual bill, I'll post the weights and final tally. At just the hamburger, we're past your 39%."

Is this from one of your "heiferettes"???

A heiferette is not a "typical" aged cull cow.

You're still trying to spin your ignorance. You said your culls weighed 1140 pounds, not 1100. 448 pounds divided by 1140 is 39% red meat yield.

GOSH, YA REALLY PUT ME IN MY PLACE THEIR ROD!

Nice spin job SH. I shipped the 1140 lb fat culls back whenever I wrote that first message. This 1100lber was a first calf heifer that didn't make the cut, so she got fattened and we're eating her. Diffferent animals SH. 440 lbs of hamburger on an 1100 lb animal is 40% PLUS I've got roasts and steaks in there too. Another 50 lbs of meat and I'm up to my 44%.

~SH~ said:
Oh for crying out loud. I'M NOT TALKING ABOUT LIVE WEIGHT SHRINK, I AM TALKING ABOUT SHRINK ON THE CARCASS. MOISTURE LEAVING THE CARCASS AS IT'S PROCESSED AND PACKAGED.

THATS WHAT LIVE WEIGHT SHRINK IS! Live weight - 4%, which is what you would get if you left meat out. Theory is that the packer is therefore only paying for meat, no water in the tissue.

You mean you don't know why auction barns either do 24 hr stands or 4% shrink? I get it. You're the one who doesn't.

~SH~ said:
Another spin job. There is not double accounting. The lost value from SRM removal includes the cost to remove the SRM's and the lost value from the inability to sell those SRMs. THAT IS THE LOST VALUE!

SH, you proved before that you don't know anything about accounting when we had our debate about Tyson's books. Now you're saying if they end up 30 lbs less saleable product, which would show up in gross receipts, that they are allowed to deduct that 30 lbs AGAIN in the form of lost value? Come on, whether you like what I'm saying or not, you have to admit thats just plain wrong.

Rod
 
HGL said:
"I haven't bought anything other than 80% ground in awhile, I can not afford to spend 5.00/7.50 per lb on steak to feed a family of 5, when I can get chicken on sale for .99 a lb or buy pork loins at sams club for 1.88 a lb."

SH said:
Right there it is in black and white from a consumer's perspective.

$.99 per pound chicken. My wife says the same thing you just said Happy. That is what the cattle/beef industry is facing.

In order for beef to compete with chicken on a pure price basis, producers will have to produce and sell live cattle at a lose...THAT IS WHAT YOU ADVOCATE!!!!!!!!! No wonder you are not in the cow/calf business!

SH said:
When feeders back up cattle in the feedlot and add tonnage, the prices go down.

Do you think packers cutting back on kill numbers had anything to do with cattle backing up in the feedlots?????

Why do you have a problem with my post to Fedup2?

By the way, the reason people don't like you is because your post are immature and classless...has nothing to do with your positions, just in the way you present them.
 
Econ101 said:
With all of this said, Agman and SH, why does/did Rod get less for his cows than U.S. producers and if he did get less, and the prices out the packer door was the same, where did the money go?

Another meaningless question from Econ. For starters, he in in Canada and not the U.S. and there is no reason he should get the same price, adjusted for currency valuations, as a U.S. producer unless all factors influencing supply and demand are identical which they are not.

The previous statement renders your remaining question as mute or totally irrelevant.
 
Robert Mac NO I'm not saying you need to lose money did I state that? I will say "beef" is known as a premium meat ok? BUT! I and most consumers will pay some extra for a nice sirloin,ribeye or t-Bone but not 3.00+ per lb. I remember when a t bone was 3.79 or there abouts a lb not to many years ago, now at my store there 7.49 a lb sorry not going to happen with a family of 5, can't do er".

My dad used to buy cube steak for around 1.00 per lb now 2.79-3.49 a lb again better value for the money outhere. Just the facts! Hog confinements were good for the consumer as it kept hog prices in line with what is was 5,10, and almost 15 years ago. Most average joe wages has not went up 3 fold in the last 15 years or less, so why would people think we would go to the store and be able to afford 2x's or 3x's the price for beef? If things were closer price wise you bet beef would be doing alot better but many cheaper alternatives outhere that won't break the grocery bank.

I just bought a 10lb box of thick sliced bacon for 10.00 thats a deal. I can by pork roast boneless for 1.69 mix up some pulled pork seasoning and crock pot it and feed 5 for under 9.00. That wouldn't get me 2lbs of steak and I get 4lbs of pork roast and as far as lean pork has come along ways, so until price gets back into the average joes ball park I think you will see a decline in prices?

If you could buy a stero and they all did the same thing and one was 40.00, the other was 65.00 and other 90.00 which would you buy? The average Joe wants value for the price, why do we think Wal Mart rules the roost? They give you the same products or value at the best prices of any major store right?
 
People will hate me for saying this but we <my family> cant afford beef except for hamburger.
We basically live off Elk meat but we do buy hamburger or chicken retail for variety.
Anything that is going to raise the cost of retail beef is going to hurt the industry.
Im sure most people would choose beef over chicken if they had the choice but if they cant afford beef they will buy chicken.
I could get beef direct from the producer but the guys that I know who eat there own beef always seem to end up feeding their own families whatever happened to die <bloat????>
 

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