Around here they seem to have settled in and aren't flopping so much. Young ones are still stronger than I have seen in a while. There's still a shortage but won't be for long if folks get greedy. I'm setting pretty good where I am at. All it takes is one mad cow...
Re: cattle futures in reply to Notjustair, 07-07-2014 09:06:14
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But like with 8 buck corn followed by greed that puts it about 4 now so the same will happen with beef. As crop conditions change and hay become available in areas that have been short the folks there will try to make up for their losses over the last few years and get in on the higher prices. So I have to agree.
Re: cattle futures in reply to IaGary, 07-07-2014 10:52:54
I'm pretty sure he meant something along the lines of hiw supply and demand work. I hope so anyway. It was good to see some people in the area have a couple good years. Looks like that's coming to an end. Local elevator is only contracting corn in the $3.65 area right now.
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