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just forget the cattle on feed report-twisting falsehoods
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garvo
Posted 4/2/2012 16:31 (#2317979)
Subject: just forget the cattle on feed report-twisting falsehoods


western iowa,by Denison
I should probably quit reading of any and all things-we have a lot of cows that where moved because of the drought, The March 23rd report was 2.6% above last years report on feed.2.8% more placed then last year.
Imports of feeder cattle 5.8% above last year(2011) 45.5% above the average from 2006-2010.
I guess we should all get on the bullish bandwagon,myself-wonder if we should maybe be cautious,when things get to high there is substitutes-imported feeder cattle,imported meat,higher price corn-maybe start do more research?
Not in the Markwright campground yet-not in that $15-$30 higher market at all-would be happy to see the rebound to that $130 but with some of those feeder cattle bought with a $135+ breakeven coming to a $130 as like being sent to the corner of the room for a time-out.
Wow that Miralax is working-off to the colonosocpy tomorrow morning?
Perhaps another round of cattle futures will block me up!
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