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cattle..update
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Palmtopper
Posted 10/31/2023 14:00 (#10463976 - in reply to #10463874)
Subject: RE: cattle


SE Iowa
End users know thier cash situation and thought the cash market would fall and just stayed out of the way until they figured out supplies will continue be hard to come by as feedlots stood their ground and did not accept lower bids.. instead they waited and took higher bids… forcing buyers to come in and some shrt covers by…

…those that been fighting bullish market for 14 months thought this was it and prolly added to sales … now in a more of a bind than before…all cutouts have done is rise.. choice/select out to the widest its been. People want the better cuts.
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