The present corn price is almost half of a year ago.
Corn was 7.50 plus a year ago. $4.10 a bushel today and still headed down. Another good crop next year and it could be under $3.00 a bushel.
Finished beef is at $1.20 a pound and higher. 500 pound feeders are bringing $2.00 a pound.
If you don't make money on cattle now you may be in the wrong business.
I said it here 2 years ago when corn price was on the rise "Cattle will follow the corn price upward" and they have.
I assume you are in Canada. Maybe Canada cattle prices are not as good.
A lot of Stock Cows went to market the last 3 years. Many because of drought with no pasture and many others went to grow more corn on pasture land. With the corn price going down more hay will be grown so hay prices will come down as well.
If you are still paying high grain prices (4.50 per bushel plus) maybe we should get together and I'll send a few semi loads up to you.
The livestock producer will be in good times if he is not already.
I raised hogs and cattle for 34 years. I understand it a little.
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