Posted 8/27/2015 20:44 (#4756776 - in reply to #4756736) Subject: RE: Futures
SW, Missouri
JDSWMO - 8/27/2015 20:29
Beefbiz - 8/27/2015 17:20
Just my opinion, but I think even at $50/cwt lower calf prices than last fall we would still see expansion.
Your probably right and if fuel stays as two dollars we'll all make something.
crude up $4 today. Just wait they'll close a couple refineries down and boom back up. But if fuel stays cheap that will offset a dip in calf prices IMO.