Posted 3/10/2024 09:46 (#10659777 - in reply to #10658623) Subject: RE: Who’s buying these outrageously priced feeders, cows?
SE Manitoba
CanadianCowMan - 3/9/2024 11:09
I don’t think these prices are going to change anytime soon.
Canadian cow herd keeps on shrinking … I am assuming the US herd is on a similiar trend.
Smallest Canadian cattle numbers since 1989. Smallest Canadian cow herd since 1989.
Replacement heifer numbers down 6%.
Feeder numbers that aren’t already placed in feedlots down 4%
Cow/calf profit up 26% in 2023.
Profit up 26% ???????????????????
I guess if you bought your diesel for real cheap and your partsman is using 2020 prices and you don't look at replacement cost on ANY equipment - - - then I think you can get 26% profit increase.
Now if you include the cost increases on only what I mentioned - - - - think You're really going to have a hard time penciling 6% never mind 26%.