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Glad I'm not short cattle right now
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carlsoncl
Posted 1/28/2018 00:32 (#6536441 - in reply to #6536214)
Subject: RE: Glad I'm not short cattle right now


Beresford, SD
Long in the yard 80% of the time here. Got 4 loads of cash fats to sell, Had them hedged for 126 feb......lifted hedges day before last report at 118.80. Sure wish I’d showed them this week and got them sold. IDK, this cash deal feels to good to be true, it’s defying all the COF reports.......could be short lived? Next week I predict the pack will be laying low and then one more leg up on the cash, then??? Hedge plus today’s cash would be dang near what I paid for them last March as fly weights! Dang I wish they were all sold. Been a good run the last 16 months. Got me a little nervous, bulls are getting a little snorty. Up waiting on a load of 5wt hf. feeders I gathered up today......dang thier high and wrecking my average!

Edited by carlsoncl 1/28/2018 01:15
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