Who is to blame?

Selling and buying cattle is a personal responsibility-- don't wait on Congress for legislation.

 

Doug Ferguson, BEEF Magazine

Oct 04, 2021

 

In 2015 I had a couple loads of fats in a custom yard. I wanted to them show listed because it was crystal clear the market was going to go down. On a side note I thought everyone knew that, but today I realize that wasn’t the case.

 

Here’s how selling those fats went down. The feed yard called and told me packer #1 wasn’t bidding cattle that week. In my mind I thought “no kidding! They have almost a million of their own and they don’t want mine!?” Packer #2 had enough cattle to fill their kill week for the next two weeks. Packer #3 had no interest in bidding on my pen. Well how convenient for packer #4.

 

Know who to call ...

 

Packers' expenses ...

 

Rate of gain vs. Cost of gain ...

 

Sell/Buy/Trade ...

 

Crashing the market ...

 

more

https://www.beefmagazine.com/beef/who-blame