American cow plants?

[Willowcreek]

InAHurry-- I thought you read all about it on ranchers....It comes from USDA's multi million $ contracted “Key Economic Impacts“ summary that USDA recently distributed...

It also says the increased supply will be extremely costly to US producers- accounting for $1.24 billion in consumer gains and
$657 million in producer losses....

Guess what that means is going to happen to cow and bull prices?

But on the positive side they said that the increased ability to kill young cattle in Canada should increase the US fed cattle price by 0.2% over 5 years.....LOL--Thanks

[cowman]

Willowcreek: I doubt that will happen? I wonder how often governments have ever been right?
You should chill down and take it easy? The fact is when the border is opened there won't be a big "rush" to fill the market? Now I will grant you there will be a "re-adjusting" of some of the inequalities that the BSE game created!
Prediction: You won't be bankrupt! You won't see "devastating losses"!
You will face reality...which is a good thing?
There are a lot of problems in the beef industry? A lot in Canada...a lot in the USA? Your group, R-CALF, did not help in a solution...instead they were part of the PROBLEM!
Listen! Me and mine have been raising cattle here in Alberta for over one hundred years! We want to continue! We are sick and tired of being stabbed in the back by the people we considered our allies! And that isn't the packers, the retailers, the American or Canadian consumer...but the miss-informed idiots who make up R-CALF!!!
Wake up and smell the coffe...you are a cow/calf operator not a damned American or Canadian!
Sorry if this offends...I really don't have a lot of allegiance to any "country".

[Willowcreek]

cowman- Maybe some of your folks up north read this study too-- the reason so many are dumping bred cows now to get out of the business as one of the other threads suggest...

Because they know like I do that the Packers will use the increased supply to dump the US market into the toilet-- which in turn will automatically do the same to your cull market- more than it is now...And the only ones profitting will be the Packers.....

By the time it starts to regain- they should have their Argentine and S.A. imports lined up to guarantee that won't happen....

[cowman]

Willowcreek: I'm not sure how it is in Montana, but up here the cow/calf producers are really old? After 4 years of completely devastating returns, I think they are giving up?
You aren't hurting the "tough guys" but the old ones who have just said to hell with this?
Now I'm not some sort of guru who knows everthing so don't take that to the bank or something?
Now I have a "tough boy( I hope I raised him right)" who intends to go right on raising cows. Now he might be tough because "daddy" has a few bucks and doesn't take kindly to getting run out of the game by a bunch of four flushers, but whatever...he's the one you need to worry about!
Prediction: He will be raising cows, and probably his son after him, long after this "joke" called BSE is long gone!...I think I raised him right...and I think I raised him tough!

[kato]

Exactly how are we going to be hurt by these upcoming poor cow prices? We sold 10 cows today, and got top dollar for them, but came up about five thousand dollars short on what we got for culls in 2002.

If they got any worse they'd be free. Threats of lower cow prices are beyond worrying anyone up here.

It's not fear of future markets that is making people sell their cows, it's the fact that after almost four years, the BSE crisis is not over for us. As long as we're selling top quality young fat cull cattle for less than 30 cents a pound, it ain't over yet. The sale of cull cows makes up a good chunk of the cash flow for most guys, especially if they are constantly improving the herd with replacements.

The vast majority of the so called old and decrepit cull cattle are actually going to be just barely over 30 months. They will be the ones that didn't make the cut under the 24 month rule.