Unbelievable sale prices today

Allen W · #41 12/17/14, 09:54 PM

Feeders down on the board for the last several days. http://quotes.ino.com/charting/?s=CME_GF.F15.E

FarmerDavid · #42 12/19/14, 02:54 PM

Coming back some today. Looks like increasing the limits worked. What are you hearing about y the price dropped? I've heard to many fat cows, and that their are enough culls that packers can fill orders and put some pressure on the feeder market.

collegeboundgal · #43 12/19/14, 03:01 PM

Quote:

Originally Posted by FarmerDavid

How long have we been at record low numbers? Seems I've been hearing that for quite awhile. I expect alot of acres in our part of the country to go back to pasture. Lots went to corn ground 7 yrs ago when corn prices went up. I expect well see good prices for several years till herd numbers get up. Maybe some old timers will decide its a good time to get out and give us young guys our turn to expand.

*cough* *cough* and gals...

FarmerDavid · #44 12/19/14, 03:07 PM

Quote:

Originally Posted by collegeboundgal

*cough* *cough* and gals...

That was a generic "guys"

collegeboundgal · #45 12/19/14, 04:45 PM

Quote:

Originally Posted by FarmerDavid

That was a generic "guys"

gotcha

francismilker · #46 12/20/14, 11:16 PM

I was told by a very seasoned rancher today that runs 400 black mama cows that in his lifetime he's never been able to buy an acre of ground and pay for it with the sale of one calf until now. His advice to me was buy land and buy cattle while interest rates are low.

I think I'll let the bank keep their money for now.

What goes up must come down.

Gabriel · #47 12/22/14, 06:38 PM

One calf won't pay for an acre of land around here. What's worse - it takes 15 acres to raise that calf. I doubt prices will remain high for the next 15 years.

ycanchu2 · #48 12/23/14, 08:16 AM

Quote:

Originally Posted by Gabriel

One calf won't pay for an acre of land around here. What's worse - it takes 15 acres to raise that calf. I doubt prices will remain high for the next 15 years.

I thought you were in Tennessee? Have you moved?

Gabriel · #49 12/24/14, 01:33 PM

Quote:

Originally Posted by ycanchu2

I thought you were in Tennessee? Have you moved?

Yep! Got tired of the cold and wet.

Alaska · #50 12/28/14, 02:14 PM

If its all done with money on hand I say its good advice. If its done with loans BAD
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