Posted by kyhayman on November 17, 2009 at 15:39:29 from (75.105.0.52):
In Reply to: Where's the Beef posted by Larry B 1486 on November 17, 2009 at 10:04:35:
Yes, its happening here too. I also read yesterday that the foal crop was down 20 percent. Dairy cow numbers are down too. Several of my competitors in the hay business are buying cows this fall due to the amount of marginal quality hay they have on hand and prices at or below the cost of production.
High feed costs, unemployment over 10 percent, dairy cow slaughter, etc are all hammering the price of beef. I'd be really surprised if we were importing a lot of beef with the dollar so low. In fact it should turn pretty soon with exports. But, it seems once cattle leave an area they rarely come back.
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