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| I tell myself that everyday and the numbers would lead you to believe that. As has been discussed before, the fear is that by the time it is cattles turn, there won't be anything left. When people are struggling to find and buy baby formula, beef may already be a luxury item beyond the means of many. The obvious and eventual cure for hyper-inflation is demand destruction. The hay deal alone will put a lot of people out of business. I do believe cow numbers in many areas are way smaller then reported. | |
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Cow calf profitability
