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Who’ll stop the bleeding
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Land&cattle
Posted 4/5/2024 21:01 (#10695539 - in reply to #10694894)
Subject: RE: Who’ll stop the bleeding


Missouri
I mean what do you cow calf guys want? Like Garvo said, feeders being bought penciling at a $300 loss. Most cattle are unhedgeable. Beef is going to be too high for for the consumer to buy. I have a buddy who is a procurement guy for a feedlot in Kansas. He said there is a lot of red ink on cattle being killed now , purchased last fall. This deal needs a correction or buyers need to quit with the wreckless spending and buy cattle at a price that will pencil.

Edited by Land&cattle 4/5/2024 21:03
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