lawman
Thinks s/he gets paid by the post
What would be a good investment if one wanted to bet on beef prices going up?
Like buying stock in Tyson Foods or Cargill?
What would be a good investment if one wanted to bet on beef prices going up?
I had a rancher sell calves this last week and got average $3.10 a pound for steer and $3.05 a pound for heifers. Some lighter weights went for 4$ a pound. An 800 pound steer selling for $2480.00. A guy wonders why meat in the store is so high.
Sorry no help with question but prices are sky high for cattle.
That is on the hoof. The real expenses are yet to come in slaughtering, shipping, marketing etc...Wow! As usual it looks like I'm a little late...
Are you talking feeder calves, fat cattle, stock cows Are you talking on the board of trade for this week, next month or the fall of 2025?
Some questions for you. What is the price of cattle today ? What was it last year ? Cow much is feed prices ? How many cattle are on feed ?
I raised cattle, raising them was easy compared to marketing them.
I read somewhere that 90% of the people that "invest" in commodities lose.
Every me I thought I was right, I wasn't. Good luck to you.
What would be a good investment if one wanted to bet on beef prices going up?
Come on stormy don't be so negative.....but the answer to the original question is ,there isn't
Sorry, I lost money raising cattle, I was trying to help a friend from betting on commodities.
I too lost money raising cattle..Made money raising St. Croix hair sheep.. From what I've learned about commodities I think that is good advice...Thanks
What would be a good investment if one wanted to bet on beef prices going up?
I had a rancher sell calves this last week and got average $3.10 a pound for steer and $3.05 a pound for heifers. Some lighter weights went for 4$ a pound. An 800 pound steer selling for $2480.00. A guy wonders why meat in the store is so high.
Sorry no help with question but prices are sky high for cattle.
My thought is that the fires would cause prices to go down. I suspect they’ve lost pasture/feed area and they’ll have to dump the herd on the market because they can’t feed them. I guess that’s the nature of the market. One person thinks it going up and the other thinks the price is going down. Only one gets to win.
There is a lot of expenses to cattle ranching. If you have all the hay ground and pastureland and don't have to buy or rent and do everything yourself, it makes it a lot easier.
No buying new fix and work on all equipment etc. helps the bottom line.
I had a rancher sell calves this last week and got average $3.10 a pound for steer and $3.05 a pound for heifers. Some lighter weights went for 4$ a pound. An 800 pound steer selling for $2480.00. A guy wonders why meat in the store is so high.
Sorry no help with question but prices are sky high for cattle.
Yes, the wife did..... Got several T-bones and Sirloins for $2 a lb.