The Dow Cattle spread

[wrightcattle]

Has been to wide, to long.

Either the Dow will drop say 11000 points or fat cattle will move up $110.00cwt..

I figure the latter not the former. 

Thus we could easy have some $45cwt higher fat cattle ( say $174cwt )and some $60 to $90 cwt higher feeders by mid June.

We'll see.

I doubt the China panick. will take grains down towards LDP rates ( $2 on corn etc ). Its not to tough to see that uncle will bail the grain folks, lf grain does drop to LDP rates.

[k-289]

Interesting  concept,  although  we  have  witnessed  $7.oo  corn syndrome -  could  have  the  same  result ,  IN   DEMAND  RETRACTION  ---

Poultry  &  Pork  retail  pricing  are  going  to  be  our  on going  RED  HERRING$  ---  

[k-289]

FRIDAY's   DOW   -  Owwww