Posted 3/20/2020 20:48 (#8123896 - in reply to #8123271) Subject: RE: a mf pyment for cattle-NO-Fix the price discovery
I have to disagree with over production on the beef side creating low prices. In my opinion the amount offered for fat cattle are artificially low due to the lack of competition from the packing houses bidding. If you have an estate sale, would you rather have 10 people show up or 200? Chances are you will get better bidding from the 200.