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1 posted on 07/30/2022 5:39:55 AM PDT by dennisw
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To: dennisw

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Sky-high input prices coupled with ongoing drought conditions in much of the country are exacerbating the sell-offs.

National Cattleman’s Beef Association CEO Colin Woodall says this year’s drought is more widespread than the regional droughts seen in years past, when producers could send their cattle to other parts of the country to graze until it started raining again.

But so much of the country is in a drought.

“There’s no place to go because everybody is struggling to find the forage they need to feed their cattle,” Woodall told FOX Business.

“We do expect the prices to continue upwards, but everybody has to remember that it’s not cattle producers setting that price.

“It’s all about costs. When you look at those who make a decision to send their cattle to market to either thin down their herd or completely eliminate their herd, it is always going to be attributed to the increase of their input costs. And that is everything from the cost of feed, cost of hay and cost of diesel for tractors, diesel for the truck, fertilizer costs. And there’s so many things that go into producing cattle that the producers just don’t have any control over.”

The increased number of cows and heifers sold for slaughter means herd depletion will continue, and building it back will take years.


2 posted on 07/30/2022 5:40:50 AM PDT by dennisw
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To: dennisw
More fear mongering and media lies, Who writes this crap?

Supply and demand means More beef in the market should mean LOWER prices. Not higher..

4 posted on 07/30/2022 5:46:56 AM PDT by Ikeon (A man who would cut off his junk would gladly help someone cut off yours. )
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To: dennisw

price of live cattle as of 7-30
is 1.36

perhaps someone could explain
tia


6 posted on 07/30/2022 5:51:00 AM PDT by RockyTx
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To: dennisw

With the price of ground beef up 9.7% in June from the same month a year ago, the ongoing decrease in supply could cause prices to surge even further than earlier estimates.


And the increase in price is the counter to the herd decline in normal times..........................


7 posted on 07/30/2022 5:51:14 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: dennisw

I buy and freeze...


8 posted on 07/30/2022 5:51:36 AM PDT by Sacajaweau ( )
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To: dennisw

Obozo’s Third Term continues apace.

13 posted on 07/30/2022 6:06:02 AM PDT by martin_fierro (< |:)~)
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To: dennisw

Watch the Fanatics take advantage of this and push plants , they know people are easier to control when their diet is restricted to plants , something they learned from Cults


17 posted on 07/30/2022 6:16:45 AM PDT by butlerweave
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To: dennisw

Transitory. /sarc


18 posted on 07/30/2022 6:19:55 AM PDT by Starboard
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To: dennisw

Bill Gates and others are going to be happy to hear this.
So will the enviroIdiots and their crusade against cow farts.
More power to us eating 3d printed beef and the like.....


24 posted on 07/30/2022 6:33:49 AM PDT by cranked
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To: dennisw

Are you ready for your grass clipping burgers? Yum! Yum!


25 posted on 07/30/2022 6:34:38 AM PDT by FlingWingFlyer (The House is supposed to represent the people, not the friggin' Federal government. )
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To: dennisw

Spoke with a rancher this week about beef prices. They say they are being paid less for their cattle and it is the processors that are jacking up the price.

He also mentioned that the cost of ranching is going through the roof…feed, labor, etc. Many ranchers are cutting back so as to decrease supply and get their prices back up.


33 posted on 07/30/2022 7:01:48 AM PDT by Crusher138 ("Then conquer we must, for our cause it is just")
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To: dennisw

Headline reminds me of the “muh Russia” hoax headlines:

“Mueller poised to . . .”

“Special Counsel considering . . . .”

“Democrats on verge of . . . “

“likely to . . .”

Needless to say, this isn’t news. It’s only news when/if prices actually rise.


41 posted on 07/30/2022 7:38:07 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix) )
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To: dennisw

Here in Texas:
https://www.ksat.com/news/local/2022/07/19/texas-ranchers-rush-to-sell-livestock-amid-drought/

I just bought a whole and split it with a friend for $4.50 a lb. hanging weight. It’s Custom Cut,too. http://www.mtxbeef.com.

First bought from them during lockdowns, supply chain disruptions in Spring 2020. Haven’t bought grocery store beef since then.


42 posted on 07/30/2022 7:41:46 AM PDT by sockmonkey (Conservative. Not a Neocon.)
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To: dennisw

I am not in a drought area, however, my costs for fertilizer, feed, and fuel are more than double what they were last year.


43 posted on 07/30/2022 7:56:31 AM PDT by KEVLAR ( )
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To: dennisw

“”We are seeing large numbers of female stock have been placed in feedlots,””

Hmmm - perhaps an answer to the witches protesting about NO ABORTIONS! Just an idea!


44 posted on 07/30/2022 8:27:32 AM PDT by Thank You Rush
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To: dennisw

With food prices skyrocketing, and me retiring and having a lot more time, a vegetable garden in the summer is becoming a thing — also foraging for mushrooms and other delicacies.

For the winter .... I’m developing a bushmeat paradigm. I don’t care what is legal or not — I won’t get caught, but safety is important, and no harm to troubled species — I don’t want to be the guy who eats the last ivory billed woodpecker.

On the list here in SWPa. are deer, canada goose, coyote, black bear, snapping turtles, raccoons, woodchuck, possum, skunk, squirrel, rabbit, house sparrows, starlings, pigeons, turkey...

What am I missing? What is your favorite knarly free meat?


45 posted on 07/30/2022 8:27:52 AM PDT by Born to Conserve
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To: dennisw

Eat your bugs, serfs.

But don’t worry, BIll Gates and China have secured American ranchland for the elites’ supply of steak and burgers, so all is good for them.


46 posted on 07/30/2022 8:55:59 AM PDT by imabadboy99
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To: dennisw
You don't seem two and two together. The green war on beef and fossil fuel goes hand-in-hand with the war in Ukraine. The war in Ukraine is being used as a cover for the green agenda.

If you're cheerleader for the proxy war in Ukraine, you're behind "the liberal world order" that is pushing the green agenda.

51 posted on 07/30/2022 9:27:34 AM PDT by Kazan
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To: dennisw

Headline makes no economic sense.


61 posted on 07/30/2022 9:03:48 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: dennisw

It’s hard to believe that OUR FARMERS AND RANCHERS ARE GOING TO LET THOSE FANATIC LUNATICS AT DAVOS control them.

Please God, if we allow ANY OF THIS CRAP TO TAKE HOLD...

Someone...someone big and strong HAS TO STEP FORWARD AND TELL US WHAT TO DO TO ...STOP THIS INSANITY.


63 posted on 07/30/2022 9:15:05 PM PDT by Maris Crane
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