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Fats and feeders same price?
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GOMSK
Posted 1/18/2019 17:20 (#7254372 - in reply to #7253480)
Subject: RE: February 2017


Without looking and knowing we were buying cattle at that time, how was it good? Fats tanked and feeding margins decreased. It took until December 2018 to get December fat futures back to where they were in February, didn’t it?

If anything as a fat producer, I take this as an oh shoot moment. Market on verge of a top? I think the top is already in. Short term. If last time inversion happened was last February, we came crashing down after February. Are we a month earlier this time around?

Edited by GOMSK 1/18/2019 17:26
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