North Central US | Hedge - 4/28/2026 19:19
There’s 50 reasons for this market to collapse right now. Beef is no different than any other market, other than the producers are getting way too complacent and arrogant. Ask the row crop guy how it turns out. Ask the guy that bought $120 silver, ask the guy that bought $120 crude oil. We haven’t ran out of beef and we won’t.
The row crop guy's prices were propped up by mandates
The oil was propped up by panic
The silver was also propped up by panic
Beef isn't propped up by anything but takes a beating every single panic, comment, and will be taken down by foreign supply unless something changes.
Meanwhile the other three guys find every excuse not to get involved in beef, regardless of price, time, or conditions. |
June cattle taking
