CME cattle futures rise sharply on low inventory

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Biden policies in action till the end. Get more bulls to do their job.

Flame away.

Pork is still cheap.
But Beef and Chicken are too expensive. We ought to be working on more production to lower the costs.

I don’t farm, but I have friends who do.

America’s entire financial, trade and regulatory system, as well as society, are aligned AGAINST small farmers. the worst offenders are the FDA and USDA, who being government bureaucrats, can’t help but benefit large corporations above all.

Cattle especially. They take 18 months to reach maturity. Few young people go into the business. Small-scale, local slaughterhouses are closing. Environmental regulations are crazy.

Its no wonder cattle herds are at 60 year lows.

could you elaborate on that? Is pork production growth not as constrained as beef or chicken?

in my simple mind...it would “seem” that growth of chicken production would be less capital intensive than either beef or pork....also less time to maturity, far less space, etc. (at least animal per animal, maybe not calorie per calorie)

what are the factors which are currently constraining beef production growth?

You ain’t seen nothing yet.

Just wait until the Feds start slaughtering whole herds because they think one of the cows caught ‘bird flu’.

They have already slaughtered tens of millions of chickens because maybe one or two in a flock sneezed.

“Biden policies in action till the end. Get more bulls to do their job.”

Bidet has no affect on this.
Cattle numbers are low because of past years droughts in rangeland country.
Ranchers then sold off cows as grass had dried.
Less cows means less calves born to turn into beef.
The problem continues as those heifer calves are worth a ton of money.
So heifers are fed out instead of bring retained for future cows.

Shitlery’s gonna make a killing.

“We ought to be working on more production to lower the costs.”

If only that had occurred to the market. Trust the “invisible hand.”

Few young people go into the business.

Quick! Bring in more H1B's!! /sarcasm - a lot of H1B's don't do beef

Cows generally “get over” bird flu..it mainly gives them runny noses and lower milk production. Bird flu is fatal to chickens. A cow is too expensive to kill just because they have the sniffles.

Heavy winter won’t help prices

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