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Why cattle are going DOWN
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bohunk
Posted 4/24/2018 19:16 (#6728704)
Subject: Why cattle are going DOWN


Can anybody give any good reasons? Especially after this summer. The only thing I can think of is that I have heard that the numbers are so big that we physically won’t be able to market through them. From there cattle would be backlogged and we would have more tonnage to work through. I like to think that wouldn’t happen due to the board structure telling feeders to sell cattle ASAP. Once we get past this supposed wall (if there is one) I think we’ll be in very good shape. Tighter supplies + excellent demand makes for higher prices.

Edited by bohunk 4/24/2018 20:16
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