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How far off
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bohunk
Posted 11/17/2017 09:55 (#6370855)
Subject: How far off


will the analysts be on the COF this afternoon. Guesses are 105.7 on feed, 107.6 placed ad 105.4 marketings (with an additional marketing day compared to last year). I watched the feeder flash and Corbitt Wall claimed that placements come out to 115% if you look at the amount of auction receipts of this year vs last year. I feel like the trade has grown pretty used to the analysts being off so dramatically. I wouldn't be surprised if the COF doesn't have much of an effect on the market (which it shouldn't anyway). There is far too much fanfare behind this report.
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