> Who ever is paying that 1.40 for 600 pounders must think he can make it work with high price corn or he would not buy them and the price would go down on feeders with less demand.
I think that the big feedlot operators are covering all their bases by locking in their prices with futures. If you look ahead to when these $1.40 600lb calves hit 1400lbs, the price for fat cattle is projected to be $1.30, so it pencils in. The big operators have their prices locked in, so they don' t have the risk and that keeps the feeder price up. I worry about the small feedlot operators who deal in cash prices because in these volatile markets, a lot can happen by Spring 2013.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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