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Glad I'm not short cattle right now
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cornhog
Posted 1/28/2018 13:23 (#6537543 - in reply to #6537247)
Subject: RE: Glad I'm not short cattle right now


SESD
The report was released after the market closed. That being said, most of the recent reports have been considered bearish because of the higher placements. That assumption has not worked out very well if you were betting on lower prices. You can't ignore the herd expansion however.
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