Market report is from a special cow sale at Lolli Brothers Livestock Market in Macon, MO, on 12-18-2014.
www.ams.usda.gov/mnreports/jc_ls139.txt
Edited to fix link.
of $3500 to $5,000 bred cows and pairs in 2015.
say more towards $7,000 per in 2016.
$480cwt fat cattle. run the math, there's that much global demand function / economy and limited total beef supply/inventories.
heck $1 per ounce is only $4 worth of beef in a quarter pound burger.
