"Where are people going to go with these cows," he said. "My fear is if feed hay is unavailable to buy or north of $200 per ton, will these cows just come to town, sell and then just go to the packer buyers. It could be really serious, our Saskatchewan cowherd could be in jeopardy of dropping major numbers and I don't think it will ever bounce back if it does."
It isn't all doom and gloom, however, as the replacement heifers are yielding good returns.
"So far they're very strong," he said. "We've had some very good 8-weight black bronco heifers trading from, by the pound for the feeder market, $1,420 to $1,520 a head."
Peacock added that the market will remain on the edge of the cliff until it's known if some feed will become available.
"Maybe if there are some crops wrote off by crop insurance and turned into feed that might possibly work to save a cowherd," he said.
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