Saw this video today, and I'm guessing it's caused by drought/ cost of feed/ fuel prices ect, but it seems like the order buyers in Emory today would of got a hell of a deal. They have another sale on Tuesday if they didn't get everything sold today.
It would seem because the price of cattle is so low, beef prices would come down. Do feed lots and packers just gouge the consumer and ranchers during times like this?
After droughts is there a cattle shortage for a bit because ranchers can't run as many cows on there land?
And what relief does the USDA provide? Is it substantial? Or will we be seeing new names on mail boxes soon?
https://www.facebook.com/100001152943161/posts/5270672392981140/?d=n&mibextid=7ovdaX
It would seem because the price of cattle is so low, beef prices would come down. Do feed lots and packers just gouge the consumer and ranchers during times like this?
After droughts is there a cattle shortage for a bit because ranchers can't run as many cows on there land?
And what relief does the USDA provide? Is it substantial? Or will we be seeing new names on mail boxes soon?
https://www.facebook.com/100001152943161/posts/5270672392981140/?d=n&mibextid=7ovdaX