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RealAgriculture: Anne Dunford on Cattle Markets
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My short attention span and dialup have stopped me from watching the video, but I can imagine what is in it.
Our buyer told us that MCOOL costs at least five cents a pound right off the top. He also says that there are buyers in the U.S. that want our cattle, but that they just don't pay to feed right now because of all the extra costs. His contacts are waiting for either the market or the dollar to drop, so they can get some Canadian feeders.
I would sure hope it would be the dollar that would bring them on the market, because a lower market is the last thing we would need. It's below sustainable now!
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