Bad News

[Horse]

More bad news for beef , here in canada we have more ecoli, in europe beef tainted with horse meat!!!! whitch aint all that bad I supose ifn people dont start switching thier tail!!

[DogPatch]

The media will only report bad news. What about all the good things that have happened because of the beef industry?

[WiltonRanch]

Hey whats wrong with horse meat? I hear
its good for you. It will put a little
giddyup in your step. Seriously this is a
European butcher using unscrupulous
tactics to save money. Comes back to the
old addage an honest butcher would go
broke.

[dluther]

Please tell me a good thing that has happened in the beef industry that would make the news in the past 3 months.

[grassfarmer]

Well if you were paying attention you'd notice that
there is potential to lock in forward contracts on
yearling feeder cattle for the fall based on them being
contracted as fats at record high prices by the
feedlots that will ensure almost unprecedented
profitability for a grazing opportunity.
Record high prices are just around the corner due to
the inventory situation/US drought/grain prices. At
the moment you have a chance to lock in these high
prices either through contracting or if you don't have
the numbers for that in AB at least you can use the
new cattle price insurance program. I bought some
insurance last week on a group of steers I have
enough room to pasture until mid August and am
pretty sure they will net me $200 a head more than
selling them just now.

[rkaiser]

Good way for our wonderful government to keep you trapped in the conventional system GF. Subsidization. Don't fall for it buddy boy.

[grassfarmer]

I'm not trapped anywhere Randy and this is NOT
subsidised insurance - it is paid for by the premiums
participants pay apparently.

[burnt]

"Apparently".

But it's a crown corporation?

Hmmm.

[dluther]

Only Alberta!!! PITTY

[grassfarmer]

Oh, the irony from the guys who are always whining
to the Government for money. Can't wait to criticize
someone who looks on the positive side and
proactively seeks to limit risk on the less than 25% of
my cattle I still sell into the commodity sector.
AFSC administers this program but it is self financing
off the premiums.