Much of this due to the ethanol mandate.
More grain for fuel production = less for cattle feed.
“Much of this due to the ethanol mandate.
More grain for fuel production = less for cattle feed”
No, not correct as the cause. There have been droughts in the areas that beef cows are on. No grass to graze meant that ranchers cut their cow herds. The cows have the calves that then go into feedlots to grow to market weight.
Heifer calves are now being held back to grow into cows. That will mean more beef cattle coming; but it takes quite awhile.
There has also been a virus in pigs which has reduced the supply of market hogs by killing off baby pigs.. Pork production can recover much quicker than beef production.Pork is s good buy now.
More grain for fuel production = less for cattle feed.
Well genius, please explain the collapse of grain prices.
This time 2013 $8.50 for corn
Now $4.50
Booting all the ranchers off of public land isn’t helping either!
“Much of this due to the ethanol mandate.
More grain for fuel production = less for cattle feed.”
Bingo! Now we have an embedded ethanol industry of connected cronies that influences and lobbies Congress. Pure crony capitalism. It will never end and it will continue screwing Americans to keep this gravy for the industry going at our expense (lower fuel economy, higher food, destruction of mechanical components, taxpayer subsidies, etc). If we now have all of this energy to export, why are we reducing its efficiency with ethanol?