Jusolson - 12/14/2025 08:17 "To high" is purely subjective. Would say from a production standpoint, no. If they were to high, retention would be in full force, everybody clamoring to run cows. From a historical price perspective, I think we are close. Massive bull run with a blowout top so far. But honestly, price is right where it should be. We are balancing supply and demand. So I think at this moment cattle are priced whete they need to be. Just like the other side of the coin, when is a commodity "to low"? I don't think crops have been to low for quite some time. There would need to be a lot more pain in farm country for people to actually idle acres or make major shifts in farming practices. As with any capitalistic economy, supply is constantly seeking balance with demand, and price is tool to do it. The problem is that we are not in a "capitalistic" (free market) economy. When crops get "low" government steps in with free cash so crops keep having the same excess planted every year knowing that insurance and all kinds of grift will counter any market's attempt at corrections. Government doesn't seem to care how high crop prices go even though that is unlikely with current excess production compared to market demand. Same with cattle but the opposite: When beef gets "high" (to the point which might encourage herd expansion or switching from crops to pasture) government steps in to increase imports. Government doesn't seem to care how low cattle prices go. We end up with something resembling more a planned socialist economy in both crops and livestock with government, not free market capitalism, controlling both crop and livestock sides of the ag economy.
Edited by Jim 12/14/2025 11:51
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Are cattle to high?
