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SE Iowa | Fnd june cattle june 6 .. ave s/h cash 142 this week.138 s 144 n
Futures 131.50.. aug 131.70 cof friday.. wts and grading are coming down showing feedlots are moving cattle before finished…. Be prepaired for anything to happen next 3 wks…headwind stks scaring specs from long side but i also believe oct/dec presents great potential down here.for long term. 8 off highs.. back testing jan lows when everyone was so bullish..
Placements should be drying up.
Last word until june performs prolly getting tired of my ramblings. GL | |
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