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wrightcattle
Veteran Advisor

The Dow Cattle spread

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.

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2 Replies
k-289
Senior Advisor

Re: The Dow Cattle spread

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$  ---  

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k-289
Senior Advisor

Re: The Dow Cattle spread

FRIDAY's   DOW   -  Owwww  

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