Posted 3/12/2016 07:25 (#5170805 - in reply to #5170598) Subject: RE: market higher-where is all the cme hater's?
Wyobraska
garvo - 3/11/2016 22:12
puff33m - 3/11/2016 20:10
Not me. I'm just curious when the $1.13 fats get priced in to the matrix.
Gonna be some cheap calves next fall.
there were sold for 2016 delivery on Dec board puff $1.13-was a minus $3 basis-and will deliver them in last part of Dec 2016
they showed a profit of $43 a head= bought cattle that week n a down market in Dec of 2015-I priced them off the matrix I use
Or u sold fats in a down market... Gross dollars won't add up very fast at 1200 lbs @$1.10. Ouch only $1310/hd.
market higher-where is all the cme hater's?
