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| Eh I'm only semi bullish and it's probably due to I have the most amount of cattle I've ever had on feed, and weather has been a challenge on them. Hearing from others that performance has been terrible, and you hear that the packers are making good money, think cash makes a run higher while back end of board does nothing or goes lower.
I'm bullish for next 2 months and then I'm fully ready for a run lower, if it comes. I'm not sure where it's going. Still think we see 90's at some point. Might be this year might be next, but then again, this is more of a gut feeling lightly based on charts.
I just wanted to start another cattle discussion. Love to hear others thoughts and feelings on the market. Whether I agree or not. | |
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JDplowboy and Cattle
