Historically cattle have followed a 10 year boom bust cycle. The last 10 plus years before this year or so we have been for the most part up every year. The last few years people that never had cows started their own small herds because of the prices. That made this bust much more severe. I'm afraid that cattle prices will halve again in the next year or so. This bust is especially painful because of the calving capacity we have built up mainly because of weather driven prices. Its going to take a few years to weed out the jump in speculators and get the herd down to a sustainable number. The lackluster economy, that's here to stay I'm afraid and peoples losing the taste for beef, cheap competitive meats, also compound things making it hard for beef to ever prosper again. The future is small markets, branded, grass fed, local sales, ect.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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