Liter Yourself a "cortie" and Enjoy watchin those smoke rings disappear. Couple shots of mescal might help with what all happens down here. This deal is going Higher thru Sept 17th. says a trading range of $171 to $173 cwt on those supposedly " govt quoted" fat prices. Notch down Your Hat Son. Make sure U got plenty of Oats on hand (those horses gotta run, Boy). ya, we we likely will not close cattle out at $200+cwt this year. We WILL be at tje $193 to$194 cwt fat cash Live Price level by/before Dec 1. Granted, folks ain't gonna trade and keep current, sooo a $14 cwt DOWN correction In/ thru Dec. Cattle still go out the year end in the $178 cwt to $183 cwt trade it kinda "reported price levels." MO. The "fall to spring fling" deal is gonna SUCK going into the Spring of 2015. (say $275 to $285 cwt fat cattle thru year end though in 2015...it will Mostly "ALL be in the Last Half. MO ) No matter how the consolidates "play it", ....perhaps even to the $175-to $178 thru Mid Sept trade range, the Total Producer Price achieved is Still the same thru year end in 2014. (just be $5 to$8 cwt up in Each of Oct and Nov vs the $10). Now as far as that 1 that's still behind the gate? what the heck, the 4th time might make it to 8 ( the 1st and 3 did what the heck, the 4rth time might make it to 8 ( the 1st 3 did not). Letter buck, knute...open up that gate. ****Enjoy and think about a 10 year cattle cycle and this is 8 yrs ago. Start are lining up to come true. God Bless Mark. |