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CORN--CATTLE
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Dave NWIL
Posted 1/11/2008 16:18 (#280993 - in reply to #280976)
Subject: RE: CORN--CATTLE


Fats go down in the short term as feeders scramble to sell leading to increased volume. Feeders sell early to save high priced corn which in turm leads to more beef in the pipeline. Liquidation adds tonnage as well. In the long term prices go up after liquidation.
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