Posted by rrlund on February 21, 2014 at 07:02:19 from (162.250.26.144):
In Reply to: explain this for me posted by blue924.9 on February 21, 2014 at 06:54:09:
Sometimes I think I must be physic. I was just thinking about this. What you're seeing is "Feeder Cattle Futures". It's like trading the stock market. Those prices are for 600 pound feeders,fifty head lots,30,000 pound loads. The $171 price you refer to is $171 per hundredweight,or $1.71 per pound. Depending on where you are,I hooked up a link to United Producers Livestock Marketing. Go over to the right and click to the nearest sale barn to you to see actual auction prices if you're in an area served by them.
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Today's Featured Article - More Memories of a Field Service Engineer - by Brian Dye. Introduction: The author worked for one of the largest Ford tractor dealerships in England as a trouble-shooter on tractor engines, hydraulics and combine harvesters from 1963 to 1972. In 1972 he became a dealer manager and finally left the dealer net in 1975 to run his own electronic design and manufacturing company. [Editor] We live right in the middle of Norfolk. The dealership that I worked for sold Fordson Tractors from the 1920's and some of t
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