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Cattle on feed report which direction in Tuesdays trade
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Posted 5/24/2020 16:45 (#8277557 - in reply to #8274564)
Subject: RE: Cattle on feed report which direction in Tuesdays trade


there is no cattle market just paying enough to keep attorney general off the packers back. when packing capacity comes back and back log is harvested the cattle market will fall further than you can imagine. 750,000 head backlog today with 45 lb heavier carcass weights. all those cattle are going to come and will be no real market until that passes. that could take into next year sometime.
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