This years harvest, with all of Biden’s production cost increases, is starting to hit the market. These farmers realize they can’t afford to feed this breeding stock through to next harvest. With the breeding stock sold off, next year’s beef prices will be off the charts. Guess what, we’re not going to be able to pay for bread coming from this year’s harvest either.
You are thinking ahead. Reducing herd size today means higher beef prices in coming years. Maybe we will import in from places like Argentina and Uruguay. I see grass fed hamburger some places. (Aldis)
The drought in the West is forcing reduced herd size. There simply is not enough forage for the rancher’s normal size herd to eat. So he must sell off cattle and operate at say, 50% of his normal herd size.
“This years harvest, with all of Biden’s production cost increases, is starting to hit the market. These farmers realize they can’t afford to feed this breeding stock through to next harvest. “
Biden’s 30x30 executive order already is, or soon will be a real burden for ranchers. If you can’t graze your herd....
EC