well cottonpicken I hope actually and would be quite happy to be wrong, again it's nicer to be lookin at how high rather than worrying about how low. Keep those sell stops in place and let er ride.
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Pulseman: Maybe it is the area I live in but the hog farmer is fast becoming an endangered species! Also the small farmer/feeder has evaporated from the market?
Again maybe only due to my area, but a good number of cow/calf operations have ceased to exist...and very few picking up the slack.
The fact is if grain goes up the feedlot has to cut the price of calves? No other solution if they intend to stay in business?
And despite what some people might think here the cow/calf business isn't all that great! The cow/calf operators going out of business are planting grain..or actually renting out their land to larger grain farmers. Higher feed costs will just accelerate the decrease of the livestock sector.
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