Cattle prices

[mcdon]

Straight to the moon...Sell your gold and buy cattle. Buying cattle/selling hogs at 6 cents was the trade of the year.

[kato]

And it's about time.

[mcdon]

No "real" traders on this site...none

[Braveheart]

I tried being a "real" trader once. I paid quite a bit of, well, tuition.

I like to hedge though.

[errolanderson]

U.S. cattle slaughter is running about 8% below year ago levels, but carcass weights are at record, up 32lbs from year ago levels.

U.S. packers bleeding out on the kill margins right now losing about $80 to $90 per head.

Believe cheap corn will expand the North American meat supply in 2015.

Fund buying currently the key price push on the cattle board.

[kato]

Bred cow sales in Manitoba are booked solid for the fall. Herds are still being liquidated, and bred cow buyers are going to have a tough time out bidding the packers this fall. We've seen more than a few $2000 cull cows, and a lot of producers have been waiting a long time for a good chance to cut and run. Rebuilding is going to take some time, if it ever even happens. I think higher pig numbers are most likely. Except in Manitoba, of course, where government policies are extremely anti-hog.

We are on new territory in the cattle business, and whatever happens, it's going to be different in a lot of ways. Interesting times....

[errolanderson]

(IMO) cattle bull is alive as long as the stock market bull is alive.

If stock markets never come back to earth, cattle feeders have it made in the shade.

But cattle are not a market island onto themselves in this global market.

[kato]

That's the sarey part. It always seems that just when things start to look good, something out of our control screws it up.

[cottonpicken]

Bitch please,i was spouting about gold and cattle eleven years ago...they are one in the same.

And if you think gold is staying down for any length of time you are delusional.

[Hopperbin]

Ok I just combined binned 80, 000 bushels of hard wheat. Am I in for hard times. Should I buy more bins next year? Oh by the way bins are cheaper at the coop and csp workers when they are done with the couple csp bins they build coop bins. Same ****ing shit. 60, 000 less dollars.