I wonder if the large feedlots have just basically run out of money? On CBC last night they had Pascal state the bank has pulled the plug on any more buying for him. How many others aren't buying?
A large feedlot has to have a steady flow of cattle. It's like a pipe, cattle out, cattle in. When the flow stops at the intake it doesn't take too long to empty! And when it is empty I suppose it is bankrupt? May as well bulldoze it down and build condominions or something?
A large feedlot has to have a steady flow of cattle. It's like a pipe, cattle out, cattle in. When the flow stops at the intake it doesn't take too long to empty! And when it is empty I suppose it is bankrupt? May as well bulldoze it down and build condominions or something?
Comment