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Reply to "Meat prices in your area"

Wonder when the insanity in the cattle market will end? Several groups of 400 wt steers brought over $1700 this week at our local sale barn. The feedlot that bought them said they had the feed, the employees need a job and they want to buy 30,000 head so their banker agreed it's better to keep the wheels turning and fill it and lose $150 per head than to not fill it and have the ripple down affect in the community. These were going somewhere in Oklahoma but I can't remember the towns name now.

I thought I'd never live to see $4 per pound calves but I guess it's happening! This will work itself out but someone will lose their butt along the way.
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