Supply and demand. That's the answer. Fewer cattle, higher prices. Tough concept for people to handle. This would mean the poor prices we experienced for a while were our own fault. Naw, I guess blaming the Canadians is easier.
The people here are idiots-idiots! There's not an hour I don't think of it. Maurice Utrillo
UPDATE This , right or wrong, is a perfect example of supply and demand in action.
In Wichita, Kan., officials at Wesley Medical Center needed 2,800 flu shots, but their supplier couldn't provide them. Plenty of other distributors were ready to meet his needs, though for a price: as much as $600 for a vial of 10 flu shots that normally costs around $80.
Now I am not defending this runup in prices on a humanitarian level but it does clearly show, for those without a brain, that when supply of a product goes down, prices for the remainder go up. Even I, a dumb cowboy, can understand this.












