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GOMSK
Posted 1/31/2016 08:17 (#5076442 - in reply to #5076352)
Subject: RE: Cows to Corn


I completely disagree, none of this rally has been cash led. The futures have been showing cash the way. And in a good bull market cash will be the leading indicator, and it has not been. Cash in the south has been leading, but in the areas more effected by mud rain and snow it has not been the case. I am itching my skull because I thought would be other way around.

Look at last years beef imports, our biggest week by far and away is coming up here in the next couple weeks, I think. Will see if we can top last years massive beef imports, we've been running ahead of year ago levels every week so far.

Even heard guys couldn't get bids last week so they were happy to get a bid this week from packers.
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