So here we are again with the entire cattle business in the US, up and down the chain from cow/calf to feeder, hanging on for life based on a few sales by mostly speculators on LaSalle St in Chicago...

Are cattle futures a real indicator of supply and demand? Or can the limited sales there be easily controlled by a few large entities for their own profit as has been shown to have happened in limited markets many times through history?

So the elements of the cattle business end up blaming each other for trying to make a decent living. This "divide and conquer" and get the peons fighting among themselves seems top be a common means of getting what the folks in control want these days.