South East , Manitoba , Canada | If those prices continue to climb there may be some money to be made in the cow / calf sector. Figure the blended price (50% steers - 50 % heifers) is $130 - $147 it's on the edge.
This reminds me of the fair where the "carni's" are trying to get you to play the game... three balls for a dollar...everyone's a winner. Jump into the cattle business ... there's big money to be made.
The beef industry will continue to shrink as many cow / calf producers take a little profit and then close the doors.
I have made it to 20 head. I do not intend to increase the number of cows any time soon. |
Feeder Prices - sale yesterday
