Gargan
Well-known member
What impact will this have on these high cattle prices?
http://www.msnbc.msn.com/id/47162247/ns/health-health_care/
http://www.msnbc.msn.com/id/47162247/ns/health-health_care/
I agree, it's always a had a negative effect in the past, even though I'm pretty sure all cases in this country have been dairy? Dairy industry produces milk but at the end of the day most animals do eventually become hamburger and get mixed with beef cattle. Japan is a big customer that I don't think will tolerate this (they haven't in the past). Once again they will probably close their market to anything over 20 months old. (Silver lining) So age source verification cattle will still demand a good premium if countries close the market for unverified cattle?vc said:My guess is it will have a negative impact, just like it did in the past. The restrictions that were on the meat that was imported to several countries just got loosend and I'm sure they will tighten them up again, start rejecting whole shipments for any and everything.
I hope not but that is what has happened in the past.
nate53 said:The grain market isn't the same as it was in 03 - 04 (not even close). The fall of 06 things changed in the grain market, that's when volatility and speculation really seemed to takeover. Corn prices were low $2 range summer of 06 and prices haven't been below $4 since that fall here. Volatility, speculation, weather, USDA #'s, exports (China), ethanol, dollar not worth anything, - these are the drivers of the grain market. Reading the DTN grain comments I seldom see anything about livestock being behind any price swing (it used to be). This country is planting more corn than ever and harvesting more bushels than ever, but we are using more than ever and are exporting alot thanks to the poor value of the dollar. I'm sad to say but I kind of miss $2 corn, everything was a lot cheaper then. Farming is more of a gamble than ever and the stakes are getting pretty high. :-\
Export demand and grain prices are the drivers behind the meat market right now (IMO).
Clark Club Calves said:Have theymade upfound the cows Canadian papers yet? ;D