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good news-box beef and by product drop value up-ntexcotton
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garvo
Posted 5/3/2021 13:20 (#8985123)
Subject: good news-box beef and by product drop value up-ntexcotton


western iowa,by Denison
Box beef choice is up $1.91 with a value of $298.41 with the by products value $4.75 higher then last year with a trade of $18.79 dressed or $11.55 per live #

Todays steer slaughtered at one of the big packers is worth-1400# swinging a 890# carcass is $2655 with the by product drop value of $160-$170
As ntexcotton who teaches a beef class said-box beef price has no reflection on the cattle price they pay us

The good news is thank goodness box beef is that high-if box beef was $191 we would only get $191-$107= $84 box beef price or
$53 live so they could keep the margin

remember box beef has No reflection to what price we receive-hopefully ntexcotton's ag beef class reads ag talk

I'm ready for $53 fat cattle-
my Tyson stock is just a slap-did I tell anyone about the gm stock I had-how about occidental oil stock-rode that baby from $100 a share to $8 this feeding fat cattle is enjoyable-
you all have a nice day! Id kick my dog but I don't have one!
ha that 1400# is worth $1700 with gross dollars value at the packer of $2825($2655+$170)

Edited by garvo 5/3/2021 13:35




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