Posted by AG in IN on February 18, 2014 at 11:38:33 from (67.236.70.70):
In Reply to: free cattle posted by farmerwithmutt on February 18, 2014 at 04:49:41:
Back in 1998 or '99 when hog prices tanked, I, or anyone else could have had thousands of feeder pigs for the price of the gov't. tags. Local hog markets and auctions couldn't give them away and started charging farmers when they brought them in. Eventually most stopped bringing them in, as they were broke already. A $20 bill would have bought a fed-out 250# fat hog at that time.
Prices recovered, but by the time the feeder pigs would have been fed out, they still would have been loss-leaders.
AG
This post was edited by AG in IN at 11:55:48 02/18/14.
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