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Where’s the beef? I don’t think there’s any body back there. Just a short FYI that within about the next 4 - 6 months it appears there could be the start of a beef shortage. So it wouldn’t hurt to fill your freezer early and possibly adjust your portfolio accordingly if you are invested in beef related stocks. Pawn ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ R E S P E C T-------Pass it on! | ||
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FYI: Hot off the wire: Looks like things are happening faster then I thought.
Source: http://www.reuters.com/article...325?type=marketsNews Moran introduces legislation to increase market access for U.S. beef in China
Source: http://www.mcphersonsentinel.c...or-U-S-beef-in-China And couple that with a small calf crop this year and it could get real interesting. Pawn ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ R E S P E C T-------Pass it on! | |||
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| Steadfast... |
Pawn, But Fat Albert Gore says beef give off gas (Al Gore doesn't?), so beef owners must pay Gore's phony "carbon credits." I don't know how phony charlatan Fat Albert plans to make his idea the LAW. -T | |||
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quote: The USDA's National Agricultural Statistics Service (NASS) 'Cattle' inventory report, published on January 29 2010, put the US national herd at a 52-year low of 93.7mn head as of January 1 2010. The 2009 calf crop was down by 1.0% year-on-year (y-o-y) at 35.8mn head while the number of beef replacement heifers fell by 2% y-o-y to 5.4mn. Snip 2010 also promises improved returns for the beleaguered US dairy industry. With milk production down y-o-y, supply restrictions pushed up prices Do you see that: “the US national herd at a 52-year low “!!!! Source: http://www.officialwire.com/ma...rid=119043&catid=107 Re: If you want to know what is really causing this high mortality rate in cattle. Well as no one seems to give a flip. I will give it to you anyway! In 3 words! CORN GLUTEN and GOSSYPOL And please note that corn gluten comes from the manufacturing of ETHANOL. Yes folks, ETHANOL production is poisoning your meat and milk supply, while at the same time is causing prices to skyrocket! Now do your own research and try to prove me wrong! Pawn Here is my evidence. http://www.thebeefsite.com/art...-beef-cattlesup1-sup http://pubs.ext.vt.edu/news/li.../LU_10_01_09-04.html http://www.thebeefsite.com/art...feed-for-beef-cattle http://www.merckvetmanual.com/...le=htm/bc/211200.htm http://www.cattlenetwork.com/C...icle.aspx?oid=701557 sufacts.okstate.edu/docushare/dsweb/Get/Document-1952/VTMD-9116.pdf+gossypol+toxicity&hl=en&gl=us&pid=bl&srcid=ADGEEShwNEY_hghMb00Cww0Fk22loEzd6AK2lWpgUslBggR1d4SYIEQnFIiuMyGj5pFFyH3BWyS6vdPH8mJOcbwH9LjzNg7LhNNHISecKMjmrm-jXa_WkKIzwS-sZoIz8tCTJCeBXwV0&sig=AHIEtbQGxV42yIUGNOqBdey49cVFMiRvPQ" target="_blank">http://docs.google.com/viewer?...UGNOqBdey49cVFMiRvPQ http://pods.dasnr.okstate.edu/...t-1952/VTMD-9116.pdf http://docs.google.com/viewer?...ieNaZ0wD7RwbFdT20SLw ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ R E S P E C T-------Pass it on! | |||
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FYI: The Associated Press May 27, 2010, 6:19AM ET
“ decision was based on the depressed and volatile outlook for ethanol “ “ uncertain conditions in industrial “ “corn gluten feed markets “. Source: http://www.businessweek.com/ap...alnews/D9FV4EC81.htm Also see: http://www.news.iastate.edu/ne...010/jan/PersiaHansen ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ R E S P E C T-------Pass it on! | |||
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Warning: Get cash for your cattle! Eastern owes $130 million to cattle sellers (11/24/2010)  The Grain Inspection, Packers & Stockyards Administration (GIPSA) has filed a complaint charging Eastern Livestock Co. LLC and its owner, Thomas P. Gibson, with failure to pay for livestock purchases and failure to maintain an adequate bond. GIPSA said it currently estimates that Eastern owes more than $130 million to 743 cattle sellers in 30 states and has documented $81 million in returned checks. GIPSA added that it is on site at Eastern's headquarters assessing the situation and investigating possible violations of the Packers & Stockyards Act. Eastern, headquartered in New Albany, Ind., is one of the largest cattle brokers in the U.S., with operations in 11 states across the mid-South, Midwest and West. Source: http://www.feedstuffs.com/ME2/...4E61BAC11CDBCC87CA42 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ R E S P E C T-------Pass it on! | |||
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UPDATE: A 500lb steer that sold for $1.24/ LB this time last year is now selling for $151.00/ LB. Supply is continuing to go down due to an ever escalating mortality rate, which is also causing some cattlemen/backgrounders/feedlots to go out of business. There is no relief in sight for higher beef prices for at least the next 2 years. Beef prices will continue to climb. Pawn ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ R E S P E C T-------Pass it on! | |||
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| Aavid |
I hear most that it is about the multi-year drought than anything else. Which also has destroyed crops raising prices for feed grade corn and the farmers won't have their silage for the winter feeding. Here we have had an ususual damp and cooler summer until recently and I saw where farmers in Texas were shipping some of their cattle north, our way. They are hoping to use them to rebuild their herds when conditions in the south improve. I too expect higher beef prices for at least a year. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ In a time of universal deceit telling the truth is a revolutionary act. | |||
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North Texas E-News Sept. 9, 2011 “All cattle and calves in the United States and Canada combined totaled 113.9 million head on July 1, 2011, down 1 percent from the 115.1 million on July 1, 2010. All cows and heifers that have calved, at 45.8 million head, were down 1 percent from a year ago. All cattle and calves in the United States as of July 1, 2011, totaled 100.0 million head, 1 percent below the 101.1 million on July 1, 2010. All cows and heifers that have calved, at 40.6 million head, were down 1 percent from a year ago. All cattle and calves in Canada as of July 1, 2011, totaled 13.9 million head, down 1 percent from the 14.0 million on July 1, 2010. All cows and heifers that have calved, at 5.18 million, were down 2 percent from a year ago.” ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ R E S P E C T-------Pass it on! | |||
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FYI:
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