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.