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80 cent calves?

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    #41
    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?

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      #42
      ... 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

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