Its a correction just like the grains. Cattle have skipped one 10 year cycle because of drought and several other issues. Just like grains the experts were predicting big money for several years out and people believed them. Guys around here were paying 3 to 4 K for bred cows last year. Crazy stupid, now they are going to learn the hard way how the cattle business has always worked in the past. I'am kinda glad the market is adjusting, it will hopefully put the brakes on herd expansion and the markets will not totally tank out. All boils down to more supply than demand. JD do you contract directly with packers? Around here most cattle go thru the sales barns.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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