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Feedlots put their foot down
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johnny skeptical
Posted 3/16/2020 10:21 (#8109446 - in reply to #8109342)
Subject: RE: Feedlots put their foot down



n.c.iowa

Welllllll no cattle around here at the moment, thank god for small favors. as far as the hogs we are sold ahead for about three weeks, could possibly go a month if we have to.

as far as advice, usually I got a lot of it, but boy being dead serious honest here, kinda at a loss......I mean losing one packing plant to fire is usually enough to throw things into a death spiral, can a person imagine if a majority of them go down one or two at a time because the work force is sick. 

with a largely emigrant workforce, How will the virus affect that particular segment of the population, they by and large are a much more social group but mostly within their family units.......maybe it’ll not be a problem.

anyway it’s probably too late to do anything now, the Dow has hit the second circuit breaker for the day.....I guess staying current and placing some hedges or buying puts would be in order.

this will all sort itself out in time, it always does. 

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