I took a young Bull 1,200 pounds to the sale barn last week got my check today. 65 cents a pound. Hamburger st an all time high. Someone is making money somewhere. Not i.
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That's easy... ever seen a feeder go unsold? Me neither but tune into Jbs’s 4th qtr profits.Originally posted by Big Red 82 View Post -
You're doing it wrong. Had lunch with a deputy today that covers the sales barn around here.
He said recently a guy sold his cow, got a check cut to him, then went back and re-bought his cow using a hot check.
Genius!
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That is what happens when you have a monopoly in the packing industry. They control the prices. It is ridiculous.Comment
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Yep, there are some ranchers in the midwest forming together to fight this with their own meat packing. Texas should do the same....Originally posted by bowhunterchris View PostComment
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I worked in the industry for forty years. Can't begin to count, or remember even, how many times I have seen this idea fail. The big packers have a stranglehold on the end customers. It is going to take government action to put an end to the present situation. This is unlikely with the present bunch of clowns holding the levers of power in Washington.Originally posted by Beargrasstx View PostComment
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You did better than a relative of mine. He just sold a bull that weighed a few pounds less than yours and only got 55 cents a pound. He said they catagorized it as something due to it being over 950 pounds. If it was less than 950 then he would have gotten more per pound for it. He told me the only way to make money right now is to sell a heifer and a calf as a pair. Said he would get $2,500 for the pair doing that.Originally posted by Big Red 82 View PostComment
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What type of bull was he? That sounds like Longhorn prices! That's less than Low yielding prices .Comment
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Yeah it really sucks. I took a load of calves to the sale last week and it was disappointing to say the least, especially seeing the prices at the grocery stores. I hope something can be done about it. Its no wonder why so many property owners are switching to wildlife exemptions and getting out of the business.Comment
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What government regulation led to the formation of the monopolies? Any ideas?Originally posted by 60 Deluxe View PostComment
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Lack of really. Look how JBS is built.Originally posted by Hayek'sPupil View Post
JBS started to get vertically integrated a while back when the started acquiring the major feedlots. There was a government suit over I think price setting.
They ended up selling them to 5 rivers, I wouldn’t be shock if they own a large portion of five river’s. Never seen a feeder go unsold regardless of market price. Just something to ponder
And there was legislation purpose in 17 and Obama killed itLast edited by Texans42; 11-23-2021, 08:52 AM.Comment
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November 13, 2021
3124 Head
Steers
300-400 $1.85 - $2.17
400-500 $1.70 - $2.02
500-600 $1.45 - $1.70
600-700 $1.30 - $1.60
700-800 $1.28 - $1.55
800-900 $1.25 - $1.54
900+ $1.15 - $1.40
Heifers
300-400 $1.45 - $1.75
400-500 $1.35 - $1.64
500-600 $1.25 - $1.50 Open
600-700 $1.20 - $1.45 Open
700-800 $1.15 - $1.43 Open
800-900 $1.10 - $1.35 Open
900+ $0.95 - $1.12 Open
Packer Cows $0.40 - $0.70
Packer Bulls $0.65 - $0.95Last edited by BrianL; 11-23-2021, 10:01 AM.Comment
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You try selling him out right or was something wrong with him? Prices are actually up some here but no where near the crazy prices they getting for meat. I checked on nitrogen and its up to $775 a ton here. I dont see how to make money with cattle anymore.
Im going to build a walk in cooler and start eating more of them. If I can afford the feed to finish them. I hate grass finished meat.Comment
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