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| Bot a few Feb Cattle on the close.....with the expectation they will yet go a little lower on this run.....am out of my Feb Hogs....keeping April....I anticipate being able to buy feb hogs in the $60 area leaving some powder dry in case we test $58 in the Febs....I'd be very cautious about lifting cattle hedges yet as I expect some selling remains overhead just under $87.. I like the meats but we are not yet out of the woods to where I want to back up the truck to the cattle futures quite yet. | |
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Any thoughts SC
