Posted 1/11/2011 23:51 (#1543117 - in reply to #1542914) Subject: RE: 6 dollar corn and livestock
From a hog standpoint.....yes, there's still a margin for most producers. 6 dollar corn is going to hurt the cattle more, at least with current prices. DDG's aren't really helping cut costs, we had to take them out because they weren't any cheaper than corn currently. Over the longterm meat is going to have to increase exponentially in price, or there may be a mass exodus of producers.
6 dollar corn and livestock
