|
|
Post by jehosofat on Aug 28, 2019 20:18:37 GMT -6
|
|
|
|
Post by farmerjan on Aug 28, 2019 21:38:55 GMT -6
If you are waiting for the NCBA to do anything, then you are right...... R-Calf has a lawsuit filed now and they are working as hard as possible to try to show where this is collusion and price fixing. And for the whole thing that the 6,000 head that the Tyson plant was killing daily, as to lowering the beef supply, the records show that there were more beef killed for the week after the plant fire than were killed in the same week a year ago. That is plain BS... I know some of the members on here think that DV Auctions and Corbitt Wall with his Feeder Flash daily talk is a windbag.... but you can take what he says and research it and see that he is right. I for one am sorry that it was requested that he be removed from this forum.
Let's see if R-Calf can get some traction because NCBA and even the USDA are going to give it lip service and I don't think it is going to go anywhere with them.
|
|
|
|
Post by angusrancher on Aug 28, 2019 21:43:55 GMT -6
The statements put out by NCBA skirt the reality of the situation. Misleading, even.
|
|
|
|
Post by jehosofat on Aug 28, 2019 23:12:41 GMT -6
If you are waiting for the NCBA to do anything, then you are right...... R-Calf has a lawsuit filed now and they are working as hard as possible to try to show where this is collusion and price fixing. And for the whole thing that the 6,000 head that the Tyson plant was killing daily, as to lowering the beef supply, the records show that there were more beef killed for the week after the plant fire than were killed in the same week a year ago. That is plain BS... I know some of the members on here think that DV Auctions and Corbitt Wall with his Feeder Flash daily talk is a windbag.... but you can take what he says and research it and see that he is right. I for one am sorry that it was requested that he be removed from this forum. Let's see if R-Calf can get some traction because NCBA and even the USDA are going to give it lip service and I don't think it is going to go anywhere with them. Who requested he be removed? |
|
|
|
Post by Snoopdog on Aug 29, 2019 4:04:54 GMT -6
Those circumstances were almost directly the cause of a .15 to .20 drop in feeder prices,that haven't completely recovered, and that's where we sit going into fall, below the 5 year average by that amount. Corbitt has worked his hind end off all his life, and he knows cattle and the market.
|
|
|
|
Post by highgrit on Aug 29, 2019 5:42:46 GMT -6
The NCBA does nothing for the US beef producers.
|
|
|
|
Post by M-5 on Aug 29, 2019 5:52:12 GMT -6
I am not aware of it being removed. Members post a link to his feeder flash at their own peril .
|
|
|
|
Post by M-5 on Aug 29, 2019 5:55:27 GMT -6
The feeder flash links are in general discussion. I will ask that anyone posting a link put them in market conditions please.
|
|
|
|
Post by jehosofat on Aug 29, 2019 6:31:22 GMT -6
The guy obviously knows his sheit, but he goes on and on without saying much. He could give all the same info in 3 to 5 minutes, but he rambles for 15 or 20. It is very hard to watch. Flash should not be in the title of what he does.
I do not know of anything being removed though.
|
|
|
|
Post by the illustrious potentate on Aug 29, 2019 11:02:29 GMT -6
If you are waiting for the NCBA to do anything, then you are right...... R-Calf has a lawsuit filed now and they are working as hard as possible to try to show where this is collusion and price fixing. And for the whole thing that the 6,000 head that the Tyson plant was killing daily, as to lowering the beef supply, the records show that there were more beef killed for the week after the plant fire than were killed in the same week a year ago. That is plain BS... I know some of the members on here think that DV Auctions and Corbitt Wall with his Feeder Flash daily talk is a windbag.... but you can take what he says and research it and see that he is right. I for one am sorry that it was requested that he be removed from this forum. Let's see if R-Calf can get some traction because NCBA and even the USDA are going to give it lip service and I don't think it is going to go anywhere with them. He won't be removed from the forum, no worries there. Everyone may not appreciate his style or lack of brevity of presentation, but anyone can post his videos. I think I'd vote for a little more succinctness in message myself when busy, but I think he's doing a good job for the industry. He said a lot in short order here. Edit to add: Agree Jan, NCBA is just controlled opposition. They were created to fail. |
|
|
|
Post by the illustrious potentate on Aug 29, 2019 11:10:54 GMT -6
I think you're going to be pleasantly surprised. Have a little patience. May not happen how we think, but one way or the other it will happen. The administration has to take care to not totally disrupt the market. Think logically for a minute. You dont think the packers didn't have a feeling this was coming? Think the fire in the Kansas plant was an accident? Lol The headlines should have read, "Shots Fired!" |
|
|
|
Post by farmerjan on Aug 29, 2019 16:13:32 GMT -6
Okay, I will admit that maybe I mis-interpreted it and I think the post about Corbitt was by someone who put up his video and said that he could say all he needs to in 5 min rather than 25, but I took it that the poster wanted it taken off. Maybe they wanted it taken off their post. So I apologize to any and all. I am sure not the smartest nor do I fully understand some of this and I cannot get my head around all the future contracts and puts and calls and all that the illustrious potentate put up there. I am in awe of people that manage to get it all and seem to do so easily. I will never be in the class of those that raise and sell the numbers nor can I see me doing any hedging..... but I do understand the basics and I guess maybe I get alot out of what he says because he makes it more understandable for me. All that said, I am glad to see/read that others think he is a knowledgeable person. I sure have learned alot about how intricately we are tied to each other and all the things that go into the pricing. Our feeder calf prices here took a tumble about 10-25 cents too; tomorrow will not be a good day to check out the local sale due to the holiday weekend. Plus we are having some nice dry, low humidity, sunny weather and have a fair amount of 2nd cutting on the ground that will be ready to start raking tomorrow so my butt will be on a tractor seat with a rake behind. I won't say aye or nay to the fire at the Tyson plant as being an accident or not. Very possible it wasn't but still, good chance it was. Regardless, they really went too far with the price manipulating after it and I think that IP is right, it might take a little time, but maybe something about the monopolistic set up will be torn apart. Basing prices on cash market prices also is not a good way to work now since so few fats are really sold on the open market. I realize that they can't disrupt the markets too much, and it takes a little time to get all their ducks in a row......but even Sonny Perdue needs to get his butt in gear and start being a little bit more openly FOR the farmer/rancher. They all keep forgetting that without us.... I mean the grass roots person home on the farm that does the dirty grubby day to day stuff.... none of them would have jobs. I say this all the time to the ones that have nearly destroyed the "small dairyman" because the big ones can fail too and then where will they be. These milk companies seem to think they can keep on taking from the actual FARMER that is supplying the product.....what happens when all those farmers are gone?  ? They don't want to see that they are doing themselves out of a job down the road by catering to only the big guys. Efficiency is not always better in a bigger scale. |
|
? They don't want to see that they are doing themselves out of a job down the road by catering to only the big guys. Efficiency is not always better in a bigger scale.