Posted by Pair-a-dice farm on July 07, 2014 at 15:12:52 from (75.121.202.253):
In Reply to: cattle futures posted by chrisinsoky on July 07, 2014 at 08:00:52:
I put on here a while back that in 1971 I sold my 1st feeders at 36 cents a pound. According to the government CPI inflation calculator that is the same as $2.10 today. The market on feeders is hovering around $2.15 now so that isn't that much higher. I just bought 3 tons of urea with agritain at $550 per ton. Feed is still a cost concern and everybody knows what fuel and equipment costs are. I don't see any cattlemen building the big houses yet like some of the flatland farmers have built in the last few years but the cattle business is better than in the past several years. My biggest concern is the price at the grocery store scaring off the consumer,
Last year I bought a few 3 in 1 pairs and had to sell a couple of them and did fairly well. Finding good mature cows is a real problem around NAR.
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