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Ag Talk History 7-24-2014 Markwright Cortie
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MU1979
Posted 6/12/2022 10:36 (#9701623)
Subject: Ag Talk History 7-24-2014 Markwright Cortie


Missouri

Liter Yourself a "cortie" and

Enjoy watchin those smoke rings disappear.

Couple shots of mescal might help with what all happens down here.

This deal is going Higher thru Sept 17th.

says a trading range of $171 to $173 cwt on those supposedly " govt quoted" fat prices.

Notch down Your Hat Son.

Make sure U got plenty of Oats on hand (those horses gotta run, Boy).

ya, we we likely will not close cattle out at $200+cwt this year.

We WILL be at tje $193 to$194 cwt fat cash Live Price level by/before Dec 1.

Granted, folks ain't gonna trade and keep current, sooo a $14 cwt DOWN correction In/ thru Dec.

Cattle still go out the year end in the $178 cwt to $183 cwt trade it kinda "reported price levels." MO.

The "fall to spring fling" deal is gonna SUCK going into the Spring of 2015.  (say $275 to $285 cwt fat cattle thru year end though in 2015...it will Mostly "ALL be in the Last Half. MO )

No matter how the consolidates "play it", ....perhaps even to the $175-to $178 thru Mid Sept trade range, the Total Producer Price achieved is Still the same thru year end in 2014.

(just be $5 to$8 cwt up in Each of Oct and Nov vs the $10).

Now as far as that 1 that's still behind the gate? what the heck, the 4th time might make it to 8 ( the 1st and 3 did what the heck, the 4rth time might make it to 8 ( the 1st 3 did not).

Letter buck, knute...open up that gate.

****Enjoy and think about a 10 year cattle cycle and this is 8 yrs ago.  Start are lining up to come true.  God Bless Mark.

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