Posted 7/28/2014 08:13 (#3989699 - in reply to #3989571) Subject: + 1000
Napanee, Ontario
"What was once the packers advantage, namely if the price of fat cattle rose a little too much they just killed a few more cows has become the out of control mechanism to force further declines in the cow herd. As the result even as the price of calves hits $2.20 the cow herd continues to decline because packers continue to bid up the price of cows for beef."