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<blockquote data-quote="Caustic Burno" data-source="post: 1244214" data-attributes="member: 694"><p>I am not sure if I totally agree with the replacement cost numbers</p><p>as that was based off a ten year production life.</p><p>Here with Brimmer influence easy to get late teens up into the twenties on good grass.</p><p>Now these are smart guys and know the leading indicators and the lead economic speaker </p><p>is also owns a large cattle operation.</p><p>I think in general they are right as this is a commodity market price gets to point and the consumer will</p><p>look elsewhere. It takes the beef industry several years to change production the poultry and swine can do it</p><p>in months.</p><p>What I took away from the program is you are going to raise quality cattle to survive in the future.</p><p>Other take away was if you need to spend some improvement money this year and next is it, if their</p><p>predictions hold true. </p><p>Prediction on a 4 wt that is bringing 1200 dollars today was to be 800 2017/18.</p><p></p><p>You can bet our input cost wont go down.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 1244214, member: 694"] I am not sure if I totally agree with the replacement cost numbers as that was based off a ten year production life. Here with Brimmer influence easy to get late teens up into the twenties on good grass. Now these are smart guys and know the leading indicators and the lead economic speaker is also owns a large cattle operation. I think in general they are right as this is a commodity market price gets to point and the consumer will look elsewhere. It takes the beef industry several years to change production the poultry and swine can do it in months. What I took away from the program is you are going to raise quality cattle to survive in the future. Other take away was if you need to spend some improvement money this year and next is it, if their predictions hold true. Prediction on a 4 wt that is bringing 1200 dollars today was to be 800 2017/18. You can bet our input cost wont go down. [/QUOTE]
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