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matrix looks in favor for feeder calf sellers todayif fat market stays
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GangGreen
Posted 10/3/2016 07:38 (#5561314 - in reply to #5561134)
Subject: RE: matrix looks in favor for feeder calf sellers todayif fat market stays



Eastern Iowa
Of course calves were going to get cheap. They had to.

We all knew that $1.40 fats were bad long term for business while we were cashing the checks. I think the speed of the collapse is what has people upset. I expect things to rebound a bunch once the bulk of the calves move into the feedlots as I believe the recent down trend has as much to do with the need to get stockers cheaper than anything else.

Hey, you can always sell that corn at a loss up front and save yourself some chores...
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