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God's Country (N.C. Ia) | Couple thoughts from an idiot....
I think the lack of supply (calves) from ongoing drought the last 10 years is one reason. I don't think cattle prices are high because corn was high, although I do think corn coming down has a lot to do with feeder prices being where they are. I guess the consumers are willing to pay more for beef, so that probably has a lot to do with fed cattle prices which do trickle down to feeders and cows.
I guess this could all be summed up with those three simple words: supply and demand?
Disclaimer:
If this original post was supposed to be some kind of joke, then I guess I fell for it! Kinda bored and just thought it may spark some interesting discussion! | |
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Cattle cycle highs
