Posted 5/2/2021 17:54 (#8983628 - in reply to #8983422) Subject: RE: Fundamentals don't mean squat
North Central Texas
So a wheat producer needs to go after gold medal flour because their product is sold at 2.5 times the bushel of wheat?? There has been processing involved. It wasn't a lot but they are pulling big numbers for the few pennies they spent.
Processing breaks the chain of price relation to live cattle. If they were selling hanging beef, you might have a gripe but they aren't. Instead you want what you have been told by some what is FAIR. We don't give participation trophies in this game so there is nothing fair about it.