Posted by LAA on October 18, 2015 at 00:38:06 from (217.175.64.196):
In Reply to: OT Cow prices posted by bigmarv1085 on October 17, 2015 at 20:30:24:
Supply and demand, reduced consumer beef demand caused by or concurrent with increased supplies of cheaper priced pork and chicken. Corn prices affect all livestock production and selling prices but pork and chicken prices are affected before beef because they are fed majority corn rations from birth to slaughter while cattle are raised and back grounded on pasture and forage crops and even in the feedyard the higher priced grains and concentrates are minimized as much as possible. I was taught over 50 years ago that there are two constants required to make money in the cattle business in any market which I have always found to hold true, (1) Grass, if you have plenty of grass your halfway to a profit, (2) sell/buy, buy replacements on the same market you sell finished cattle and the market highs and lows can be managed.
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