You are right on. I talked to a older buyer(70 years+) that buys for one of the larger sale barns in PA. He said he has never seen anything like it in his life. He said you CAN NOT make money right now buying feeders and contracting. He doesnt understand who is buying these animals. Only thing he figures are guys are buying hoping the fat market climbs even higher, and with low grain prices guys are pulling straws trying to find a way to make money. Its going to be a tough year here for some guys. Its a great corn year, so what do you do? Sell at $4/bushel? or put it into animals and possibly lose money. There are a lot of dairys that buy corn silage, but one good years like they year they wont need to buy much...
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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