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Re: Boy that's a shocker....
Palouser that cattle on feed number is a joke! August is kinda a wierd month to see huge placements. It can only mean we pulled alot of cattle from drought areas into feedlots sooner. That makes a big hole down the road! This isn't gonna mean huge usage in corn down the road.
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Re: BS Kraft!
Maybe not Jr. but I need them.
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Re: Boy that's a shocker....
jrsiajdranch what has got you so worked up? You having a bad day or what?
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Eating field corn...
No, I do not directly eat field corn and soybeans. Yes, I am well aware of the by-poducts that come from corn and soybeans.
The point I was trying to make was that we do not eat the corn and beans.... we eat the by-products... and there is more than enough corn and soybeans to "feed" our country. How many calories are in a bushel of corn? It would not take 13 billion bushels of corn each year if we were just eating it.
I was responding to Mizzou and his concern that we need to worry where our food will come from.
Grain prices are high due to the accumulated demand for grain... it is not that we are eating 13 billion bushels of corn and we need to be concerned that we will run out of food.
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Re: BS Kraft!
I raised a lot of hogs on $1.50 corn and $16 hogs. And i sold alot of corn for $2 or less when i was grain farming. In fact the first $3 corn I sold was in the early to mid 70's. Plus the first $3 beans I sold, I thought i hit a gold mine. 40 bushel per acre @ $3. Whoopty doo.
Ethanol does have a mandate but you only need to outbid them for the corn and you will get the corn. There is nothing that says farmers have to sell to ethanol plants. You don't like the competition but for decades corn farmers have been trying to increase demands. Check off dollars to promote sale to feeders and the export markets world wide. Now that we have achieved goal the feeders don't want to compete for the feed.
I know what it is to raise livestock and I understand thin margins, but i don't think you should sell your livestock for less so that I can eat ribeyes. Some of the grain farmers will go away as well but you can almost be certain that the land will be farmed and corn will be produced and eventually the worm will turn. Until then quit trying to kill our market and insist on higher prices for what you produce.
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equilibrium in grains does not exist.......boom or bust.....always has, always will be.......
..............
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Re: Boy that's a shocker....
Nope no bad day here just trying to express a view. maybe I should change my tactic and add more .............................?
Actually had a good day got two loads of oat straw put up in the barn 2 new calves parts came for the chopper so I got work to do for tomorrow ahhh! It's all good!
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Re: BS Kraft!
Kraft what is the justification for higher prices? That is what so many ask me and all I can say is feed costs are out of this world! They ask why? What am I supposed to say? I say goverment intervention into free markets thru monetary manipulation and mandates and thier eyes glaze over.
BUt if I say cause the blankety blanks devalued our curency and mandated ethol usage they understand real quick!
And my BS coment was given with the utmost respect for you I just get tired of you old timers telling me about raisng corn for 2 bucks while you also sold hogs for 40-50 at the same time. I started farming in 92 I was certainly on the end of that gravy train so leave that argument for someone you meet who actually benefited.
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Re: equilibrium in grains does not exist.......boom or bust.....always has, always will be.......
The only time we are at equillibreium is when we are in the center swinging from one extreme to the other. I think this is the year!
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Re: equilibrium in grains does not exist.......boom or bust.....always has, always will be.......
Well it is a tough deal. The grain farmer didn't make much money for a long time while the livestock producer did. The livestock producer was an indirect beneficiary of the Freedom to Farm act that established direct payments and LDPs. The payments and LDPs kept the grain farmer planting more corn than we could sell which resulted in dirt cheap grain for livestock producers. The grain farmer was told by everyone that he needed to find new markets for his product. We did just that in the form of ethanol and now all of a sudden the livestock guy doesn't have access to my corn for $1.50 or $2.50. I'm sorry but I've made more money in the last five year than I made in the previous fifiteen years. I feel for the livestock guy but he doesn't have a right to buy my corn for less than cost of production if someone else is willing to pay a lot more.