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Beresford, SD | As I stated when this all started....WATCH BOXES! We are current as heck, lots of April cattle got traded last week. Weights get hammered lower in next report. Boys lock a few, not all the gates! Open the gates wide open if basis works........help the rest of us later. Cold storage will reflect that of the grocery shelves. We are in a position to make them sweat a little......Lord knows it’s their turn! People will eat more when they have nothing to do, and will spend more on food when other activities get cancelled. Pack making so much cash they’ll take temps of every employee before slowing chains down or closing up shop. Friendly word of caution........ I’m a permanent-bull that looks for the positive side of things. Being a perma-bull allows one to participate in inflation, when I started fats commonly traded at $68.
Ramblings from a tired, half pissed cattle man that has 1/2 a clue. | |
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