80 cent calves?

[kpb]

emerald, nope, both sound like good people to listen to and a heck of a lot better than someone working in Calgary who has 20 cows in order to get a tax break.

kpb

[kpb]

or maybe working in Calgary to pay for the farm !!!!!

[cswilson]

Ag Lenders do more to fuel the cattle cycle than anything in 96 they shut off alot of guys operating money-fall futures were in the 80's and you could buy decent grass calves for 60-70 cents. We made out like bandits on calves we bought that June-conversely when they're high they'll stop you on the street to give you money. Emotion rules the cattle business far more than it really should.

[cswilson]

Ag Lenders do more to fuel the cattle cycle than anything in 96 they shut off alot of guys operating money-fall futures were in the 80's and you could buy decent grass calves for 60-70 cents. We made out like bandits on calves we bought that June-conversely when they're high they'll stop you on the street to give you money. Emotion rules the cattle business far more than it really should.

[cowman]

I agree there is a cattle cycle, but it can be delayed or advanced by the things FS and cswilson mentioned? Right now in Canada our cattle cycle is all messed up, but apparently it is still functioning in the US and in reality we are tied to them very closely? I'm not sure what the drought in Texas might do to the American cattle cycle?
We were forced into expansion by BSE when all the signals should have been to go into retraction? If cow prices had been normal we would have shrunk the cowherd...not expanded it? Now it appears(Anne Dunford) that we are shrinking the cow herd? Our cattle cycle is all screwed up!
I do wonder how anyone is going to make money on those $1300 cows though, especially when they are probably financed?

[blackjack]

... well i beleive alot in what csw says about the year ending in 6... remember back in the seventies as a kid...my father had just bought some land in an area that had been predominately grain...well cattle prices were pretty good in 74 and 75...so some of these grain guys decided to go out and buy some high priced breeding stock...well along came 76 and the market crashed ...two years later i don't think the grain guys had any cattle left...lol