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choice down-$22.73 to $318.73 -party is over
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garvo
Posted 6/3/2020 07:00 (#8295311)
Subject: choice down-$22.73 to $318.73 -party is over


western iowa,by Denison
Down and Trade at $318.73 gives a little pressure to lower cash equilivent $202 cash--- some bids of $1.15 cash -$1.78 beef bid in Iowa
(When $1.72 fats traded a few years ago think choice beef only had a high of $275 in the beef)
amazing we have fat cattle trade on Monday and Tuesday-just a year ago we only had Friday to get cash cattle sold
first time since April 28th select box trade was under $300
margin= 1400#x63.5% yield is 889#x$318.73=$2833 with cash fat at 1400#x$1.15=$1610 or just a touch over $1,200 margin. $1223- drop and offal still around $7.12 a #-interesting Brazil hides have reached a $0 value though the tanning hide plants so far have not gone to cost basis but will take them for free.
political news Steve King is out Randy Feenstra is running for District 4 house rep.
personally I think term limits should happen-18 years is long time
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