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Tractor Talk Discussion Board

Re: Cattle prices must be on their way down


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Posted by Bruce from Can. on December 01, 2017 at 02:58:15 from (76.69.31.140):

In Reply to: Cattle prices must be on their way down posted by BarnyardEngineering on November 30, 2017 at 05:23:20:

Don't look now but , every one that owns live stock is just getting screwed over again. End of story.

It is nothing , or little to do with a flood some where, or a drought some where else.The price is down
because some trader selling or buying futures has stopped , or started buying. Or some packers have just
decided to slow down on buying , to wait for the price to back off. It is not like the farmers can just
hold their market cattle back till they see a price they like, they have to go, and the buyers know this.
It cost the farmer $$$ to hold them back and feed them, so they dump the cattle. later when the supply
falters , and the price tickles back up, all the farmers jump back in again. Been going on forever, numbers
are just getting bigger , and it hurts more to take the losses now. It is like gambling, if you can't
afford to lose,stay out of the casino . That is about what it comes down to.


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