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$152 cwt fat cattle today, and
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carlsoncl
Posted 2/26/2014 23:02 (#3719543 - in reply to #3719516)
Subject: RE: $152 cwt fat cattle today, and


Beresford, SD
Mark, I have to say your batting ave. is climbing almost as fast as this market. Do you think we'll have a $15 drop going into June.........Like I said, we are so current I think it will take something really bad to back things up enough to give the packers any leverage. Seeing todays cash and then pulling up the after hours trade on the CME something has to give. Still have not locked anything up?!.? Just doesn't get me excited to lock in a price that is $15-$16 under todays cash. "Normally" the late fall market mirrors the spring market......but we were in a BULL market in the past........What are your thoughts with the BEAR market we have today.
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