GET SET FOR OFF THE CHART BEEF PRICES-COUPLED WITH LACK OF FOOD AVAILABILITY AND PRICING WILL BE SO UNLIKE ANYTHING AMERICA HAS EVER KNOWN BEFORE!
SteveQuayle.com
Aug 7, 2015
http://www.stevequayle.com/index.php?s=33&d=1518

Dear Steve,
Wanted to tell you, my Dad and I shipped our bull this week, he has done his job and we are thinking about changing our genetics. While at the stock yards we talked to the foreman and he mentioned that there is a lot of herd dispersal sales this month. It seems that many guys are getting out of their cattle because they are realizing that they cannot produce enough feed for them for over the winter.

Yes lots of guys sold out before but it is even worse now. Many of these guys are older and just giving up and retiring, and the others are the beef farmers that were marginal and now cannot afford to buy in hay. If you think beef prices were high now wait till spring. The hay crop this year is horrible. We had the very dry spring going into summer and then heavy rain that did not help.

Much of the alfalfa is just sticks with a few leaves at the top of the stems. In our fields the hay is lousy. We are getting 1/3 the bales that we should be getting and we are doing pretty good compared to the neighbors. Good thing for us we have green feed as well. The prices of hay are already going way up, and last years hay is looking to get the same price as what new hay would normally even after sitting in the weather since last fall, people are happy for what they can get.

Remember I mentioned that people were using the old ads to try and find feed. We are not selling anything until we know how much we can get ourselves. Locally a large feedlot was baling the ditches because they cannot get enough and many guys are looking at feeding straw this winter. It can be done but the animals do not do so well.
-BYRON