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wrightcattle
Veteran Advisor

$134cwt

Fats in Tama today. 

Guess it depends on how You figure inputs as to IF it's worth doing. 

A Lot of dam risk for profit or loss.... More likely lose. 

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3 Replies
SupremeFarms
Senior Contributor

Re: $134cwt

So, when do you predict the bears will return to hibernation?

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wrightcattle
Veteran Advisor

Re: $134cwt

Don't really understand what Your trying to say. 

On cattle were headed to $142 fat Now. 

I don't consider cattle as somewhat bullish till the $162 fat live level. 

Sooo ,  it matters how packers greed up their process margin. 

$600cwt boxed and $150 cwt live fats? Why not? Business America IS that stupid,  greedy,  and Crooked now 

They'll blame it on covid again.  MO. 

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SupremeFarms
Senior Contributor

Re: $134cwt

 

Your original post sounded bearish to me.  Maybe I misinterpreted it.

So, your thinking cattle will go higher, but maybe not high enough to cover the cost of raising/feeding them?

 

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