Tips On Beef Cattle Prices From Consumer and Cattle Owner Perspective
1. Tips On Beef Cattle Prices From
Consumer and Cattle Owner
Perspective
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Beef cattle prices nowadays have to be closely monitored if you want to be
updated. This might greatly affect your business decisions when it comes to
raising cattle. As you probably know by now, the economy is not that stable.
The beef sector has been affected just as well. Just in 2009, there was a
decrease of $12.50 for every hundredweight of beef cattle prices.
Beef cattle prices have indeed declined. What may be surprising is that it
corresponds to the decline in the U.S. stock market. Records have shown
that almost 90 percent of the times, the beef cattle prices match the weekly
data of the stock market. There is no direct effect of the stock market of
2. course on the prices of beef cattle, but it goes to show that it has been
affected by the economy.
There is no reason whatsoever that shows supply might be the cause of the
decline. Another concern in beef cattle prices that greatly alarms the
consumers is that the prices of retail beef do not lower as much as the
producers or farmers' prices. For example, even though a farmer's price of
live cattle has decreased by as much as eight dollars per hundredweight, the
decrease in beef retail prices don't even go low as one dollar. This means
that there has been an increase in prices of the beef processes.
Here is a bit of good news though. There is no fixed pattern of prices. And
recently, there have been signs that beef retail prices are on the decline. The
difference between retail prices and live cattle prices have been narrowing
down. This is good news to all you cattle breeders out there. But just keep in
mind that the success of the economy plays the important role. Aside from
this, another factor that would affect the beef cattle prices are the
availability of feeds and pasture. Keep yourself updated and aware of the
trends. Be in touch with other producers as well.
You might also want to be prepared for the shifting of prices when it comes
to seasonal changes. Prices are usually lower during fall, so if you plan on
buying live cattle take advantage of this opportunity. This year of 2010,
there are signs of improvement because the world's economy is recovering
and beef exportation has been improving. Despite the damaging impacts,
the beef sector is expected to improve.
Click Here For More Tips On Raising Cattle The Proper Way And
Avoid Making Costly Mistakes