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Key reversal?
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Morningdew
Posted 11/3/2023 21:19 (#10467980 - in reply to #10467884)
Subject: RE: Key reversal?


Cherokee iowa
I don’t know. I like the sound of key reversal. Like you said either way was nice to see green today. Hopefully we can see and hear some good chart talk. Idk what happened but it seems if something changed today. Got quite a few calls from cattle guys all talking how cheap corn is. I think the cattle feeder sees this price NOW as cheap compared to the last three years of feeding. Could be more buying then selling next few months. Packers need corn cheap so we can feed longer for heavy kill weights string out supplies as good as can. Best quickest way to add meat to the system. Only problem is cheap corn and high cattle don’t build the herd quick. Well until the cow guys are swimming in money and need tax write offs.



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