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| We shall see what cutouts do today and tomorrow, is room for cattle to climb some, but talking cash price for fats, not the futures. Cash bids are currently 116-117 and that is 14 under the december futures. Do think cash may improve some but there are still heavy weight cattle out there. Until beef demand improves and packers are able to move the beef. I guess im looking to cutouts for guidence right now.
The only major up i can see is a jan-feb winter rally due to cold or snow. Interesting times. | |
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Cats/Cows/Trampoline's
