Economist says now is the best time to be in Ag

[farmaholic]

I just put a half of beef in the deep freeze cut and wrapped for about $1100.00. I know where it came from and like the job the processors do. It's either this or bit by bit over the counter and who knows... I used to have my own but unfortunately don't anymore.

[JDGreen]

I'm. Not arguing the merits of being able to afford beef or for that matter whatever I jolly well feel like. Just filled up myself at $2500 cut and wrapped for full animal. Chew on that until another one comes available. Clean out freezer and donate to food bank and start over. This luxury we producers think nothing of is something actually few can afford in the real world. That's my point..

[westernvicki]

Still remember back in 70s, the forecast of 10$ wheat, industry was rolling on a high, everyone was coming back to farm, only a fool would have forecast anything less. Through the 80's and 90's we learned what stays real, is the need to see the way through, and at all prices it takes skill.

[westernvicki]

PS I ran into someone at Starbucks complaining about the cost of a steak: go figure.

[bigzee]

If you can get $125 ac cash rent, and a lot of the BTO operations are paying that, I would agree it's the best time to be in ag. You don't have to buy a 6-49 ticket just put the farm up for rent, and you've won the lotto.

[grassfarmer]

Not true JDGreen, it was a notable feature of the last cattle price spike through late 2014-mid 2015. Retail beef prices pushed higher week after week than it had ever been and it did not stall demand. The experts and commentators were often writing about that - they had expected these high prices to choke demand - but it didn't happen.

[farmaholic]

If you can get $125 ac cash rent, and a lot of the BTO operations are paying that, I would agree it's the best time to be in ag. You don't have to buy a 6-49 ticket just put the farm up for rent, and you've won the lotto.

Belly Laughed..... Starbucks.... one of the most expensive "coffee" houses around these parts. Tim's or Robin's not "good enough"? Then eat ****ing hamburger..... **** me!

[farmaholic]

Sorry folks, that last reply was supposed to be to westernvicki's post.....

[sofa.king]

It is a great time to be in ag if you own a stealer ship and luv screwing farmers

[JDGreen]

Not true JDGreen, it was a notable feature of the last cattle price spike through late 2014-mid 2015. Retail beef prices pushed higher week after week than it had ever been and it did not stall demand. The experts and commentators were often writing about that - they had expected these high prices to choke demand - but it didn't happen.

So therefore I'm correct.. If you picked up what I was putting down. I wouldn't stop eating it if it were twice the price..