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How to calculate MFP price?
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Simocattle
Posted 3/26/2020 07:14 (#8139570 - in reply to #8139544)
Subject: RE: How to calculate MFP price?


Central SD
buckmaster - 3/26/2020 07:02

If the government guarantees a 1.21 price why would the packers pay for cattle. Might as well let the government buy cattle for them. A price floor is a packer bailout.


Bingo, you got it figured out.
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