Posted 12/20/2013 21:37 (#3534831 - in reply to #3533871) Subject: Re: Cattle on Feed Report
Texas/New Mexico Stateline
These reports are not really telling us anything we haven't known for a long time already. Numbers are way down, and will continue to drop for a good year or three until numbers start building again. (if they ever do, depends on where grains end up, and consumer demand) I guess I am saying most of the bullishness is already figured into the market. IMHO
Cattle on Feed Report
