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Southern IA | new feeding buildings in the cornbelt has nothing to do with cow herd expansion, essentially it is shifting feeding capacity from west into regions of lots of corntalks and ethanol byproducts and abundant corn. likely guys looking for a way to expand with the fierce competition for additional farmland making row crop expansion difficult. The renewed bullishness in corn will just bring more poor and marginal ground out of hay and pasture into corn making cowherd expansion more difficult. Return to labor and assets on crops still trumps the returns to managing a cow herd. There is some real opportunity in the cattle business, but expansion will be difficult to achieve until the rewards are better than a grain crop on the opportunity costs aren't as great. Wasn't it the seventies when there was a huge push on beef confinements. Doesn't seem there is really anything new happening, just cycling. | |
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Cattle numbers question
