cancel
Showing results for 
Search instead for 
Did you mean: 
pritchh
Senior Contributor

Prudue may not be ablel to win in Football but ,,

http://www.agriculture.com/news/livestock/heifer-retention-driving-herd-growth_3-ar32847

 

Thanks successfuk farming for tracking down some cattle cycke views.  I have been tied up and way behind. Purdue's  Chris Hurt views   seem fitting, terrible  droughts forced extra liquidation in the llast  couple of yrs,  OK, equals greater non fed / cow slaughter, then what ?  heifer retention,  even gradual , equals  a lower supply to go on feed,  feeder futures have been rising since may. 

 

Imaginhe come late fall, with 4$ corn ,  and rising fats ?

We coudl be intoi it, bugtime.

 

More    oveer teh weekend.

0 Kudos
7 Replies
k-289
Senior Advisor

Re: Prudue may not be able to win in Football but ,,

Breeding heifers being the easy part  - keeping a herd together and finding young sustainable operators will be  $64000 question that the  " experts "  don't have a clue on ---

0 Kudos
pritchh
Senior Contributor

Re: Prudue may not be ablel to win in Football but ,,

FCV3 + 10$ in 2 months,, tepid. My contention is we are way short of feeder stock, with improving pastures over 12' 11', will start  to see  morr heifer retention, less cow liquidation.

 

and full bull mkt ahead.

0 Kudos
jrsiajdranch
Veteran Advisor

Re: Prudue may not be ablel to win in Football but ,,

And who is gonna pay the "bull" prices ahead?  Consumers are tapped out!  When you gonna start looking at both sides of the ledger?

0 Kudos
k-289
Senior Advisor

Re: Prudue may not be ablel to win in Football but ,,

I have noticed the adds of fast food industry with talk of everything except beef  - check -off  $$$ down the drain   

0 Kudos
pritchh
Senior Contributor

Re: Prudue may not be ablel to win in Football but ,,

contrary to popular belief, we still eat a lot of beef.

Yes granted maybe demand is changing as if finally the health movement is sinking in..

Who will pay IMO depends on how tight thinkgs get,

 

see the Atlantic

 

-5% in beed prod would be big.

 

We need a feresh demand curve

 

prices are inelastic shirt tem, elastic long term, the inbetwen where teh bull move will come from,

if I am right (rare!) 

0 Kudos
k-289
Senior Advisor

Re: Prudue may not be ablel to win in Football but ,,

I find it interesting in having conversations with a few folks that  " use to  " order various items from Omaha Steaks ( a fine company) with the  " costs "  now making it a less frequent occasion --- 

0 Kudos
pritchh
Senior Contributor

Re: Prudue may not be ablel to win in Football but ,,

Omaha has nice adds  but?

Taking a half from a local farmer beats all!

0 Kudos