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long corn short cattle
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maydel
Posted 1/6/2014 06:51 (#3578346 - in reply to #3575928)
Subject: Re: long corn short cattle


Theodore, Saskatchewan
I remember corn going over $5 once upon a time and into record highs. Made the mistake of thinking it wouldn't go much farther. Story like that was similar except how the ethanol plants and corn feeders were not making money.

Cattle have just made a record high which suggests the buyers are the side you want to be IMO. There could be a pullback but as long as the trend is up I would go with it. Just my opinion
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