Well... corn is still actively trading at 7.50 up here. Down slightly from where it was. Keep in mind that where I'm at on the east coast we have a significant transportation cost that is reflected in that price.... Our region doesn't produce enough corn to meet our needs so pricing generally reflects the Ontario price plus freight. The balance may shift on that in the next couple of years... or mabey not.
As far as cattle go... the Canadian herd has been in contraction mode since about 2003-05 after BSE. IIRC, the US herd is also in contraction the last few years because of feeding costs... but to say that the price of beef has come up because the price of corn has risen... I think is not quite correct. It's risen because supply is short... which is no doubt because of the price of feed... but when feed becomes more available, the herd will grow again the price will flatten again.
The other problem we have here is that we spent 20 years working with a 60 cent dollar and a lot of our costs are inflated in real terms to reflect that. Now that our dollar has appreciated in the range of 95 cents to par with the US dollar, the real prices we receive have declined but the cost base is still there... so there's no great pot of money to work with here.
For an example on prices... the last feeder sale a week ago... 5-600# steers brought an average price of $1.58 with the top group going for $1.72... On an average weight of 568# @ $1.58 that cow made ~900 bucks for the year. She's apt to have a pretty lean winter if she's going to pay for her feed. I have no doubt that on a fairly large scale and very low cost model you could make some money at it here... but the reality is that most are not operating on a large scale... and it would require a huge investment for them to get there... which is probably not warranted given the cycles we see here.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
... [Read Article]
Latest Ad:
Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
