Hot Barn Report

HOT BARN REPORT: R-Calf USA Friday with Karina Jones

You and I all know that drought is only partially to blame for the massive US cowherd liquidation. Lack of profitability is not getting near enough attention. In 2020 –2021 we lost another 1000 cattle feeders, mostly those independent types that set the cash market. This was not due to drought, this was absolutely due to having no more chips to put in the middle, financially they had to fold. [READ MORE…]