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Advisor

Tama IA fats

In the $114 to $115cwt range Wed. Aug 28th.

Looks like things are definitely spinning around And the deal looks to be gaining some traction so to speak. 

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4 Replies
Veteran Advisor

Re: Tama IA fats

I'm  reading  Choice  strs. &  hfrs.   $108  -  $114.75    -   328  head 

             Select -  Choice   166  head,    $ $105   -  $107.75

             Bulls  $77   -  $95              

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Veteran Advisor

Re: Tama IA fats

Realistically    $1.05   -  $1.07   buys  a  majority  of  the  offerings  - - - 

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Honored Advisor

Re: Tama IA fats

Why does cattle never participate in the tariff pity party? Or recession doom porn?   $98 cattle on the board and $110 in the auction ring...what the what?  Even a Tyson fire doesn`t stoke a crash (the corn market knows crashes and Tyson was a rumble strip).   Talk about Unsinkable Molly Brown!

Fats were $165 all time high, $105 is a solid floor or off about 1/3rd .  If corn was off only 1/3rd we`d have $4.50 corn. Oops now $95 cattle on board, but big whoop, the buyers will still pay $110...ho hum.

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Veteran Advisor

Re: Tama IA fats

I  did  notice,  the  grocery  had  $15  -  T - Bones,  $3.95   85 - 15   burger,   -  -  -   

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