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In Reply to: Re: Someone has let the Genie out of the BBQ bottle posted by mike on May 19, 2010 at 17:04:12:
mike,
know you made the little smiley face after your "demand will go up, price will go down"; but not sure if that meant you were joking.
prices will go up until the supply catches up with the increased demand and I think a bunch of the suppliers sent their breeding stock to market few months back 'cause the feed costs were making it too hard to make a profit.
until supply gets up there again we may be seeing some higher prices which is good for the suppliers and it's their turn to make some bucks.
read some other good news and the planting of corn is expected to be super high next season so feed prices should be dropping unless the ethanol thing gets bumped up.
Iowa's looking good... luck to the Iowa team rumored to get some TV time soon.