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New Mexico | Harvest cattle getting lighter weekly, this deal getting real current in a hurry now.
No way we can keep up with exports now ( cattle will keep getting lighter on a harvest weight basis evey week and we'll just keep pulling more numbers forward ).
Looks to me like a steady tick $22 to $50 cwt uptick thru year end ( just a +1 to +2 cwt avg up long term weekly....$1.50 cwt avg weekly up probably going to hit it on the nose ).
Say some $142 cwt traditional type fat cattle by late fall 011.
Global equity correction is in..and consumers everywhere kinda sick of the sameo sameo supposed trickle down govt to big business flows.
Same consumers tune out the afore and simply do more important things like eat BETTER.
We were running exports at 50% more than 010.
Export volume now in the process of doubling.
( double the 03 export incline rate now )
Edited by Markwright 6/18/2011 15:09
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