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| I suspect you do understand the magnitude of the drop and it is not pretty. To compare it with other years will not do any good to your bottom line except to possibly save face.
Bottom line is that you can look at the price of corn and see similar losses following 2012. You can then look at the price of hogs and see similar losses except it took more time than corn and less than cattle.
Why would you expect to see feeder cattle to be exempt from such loses? It simply takes more time to replenish cattle inventories than corn or hogs - that is about it. | |
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looking for a chart
