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It seems to me that the futures market on cattle should go away...
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tj33
Posted 3/26/2020 10:33 (#8140109)
Subject: It seems to me that the futures market on cattle should go away...


Tell me why I'm wrong. It's hard to get mad at Tyson for purchasing at futures price. What are they going to do, pay more than market price? I can't see any benefit to the price being set by traders. It obviously takes supply and demand out of the equation. We have seen this since 2015 and exagerated now. Like Garvo, I bought the packers. Tell my why the futures market shouldn't go away.
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