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Cattle prices really falling
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clicker
Posted 10/3/2016 12:00 (#5561680 - in reply to #5561639)
Subject: RE: Cattle prices really falling


Southern IA
GARYSOUTHERNIOWA - 10/3/2016 11:32

Preaching to the choir. Don't have time to type out everything running through my mind. A lot of good people in a fight for survival right now. And not because they got greedy took vacations or overspent. Not just cattle most of commercial ag is burning equity faster than it will be able to be reearned.


despite low prices, grain farming is still profitable and has a very good crop insurance program under it to protect operating costs, plus there are some pretty good checks that will go out for ARC program, as a whole it is still profitable and has a lot of protection. Livestock there really isn't much good protection universally available and it isn't even close to profitable in the feeding sector right now, downright equity bleed.
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