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Well this isn't going to help
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John McClain
Posted 5/20/2023 09:38 (#10236344 - in reply to #10236147)
Subject: RE: Well this isn't going to help


America.
Simocattle - 5/20/2023 07:05

Tall Pine farms - 5/19/2023 23:37

It's not going to sink the market, but like I said it's not going to help a already weak market!!!


This will have zero impact on grains. The cattle market that is rising against a seasonal weak period is for the most part on fire. Record feeder prices for their weight are being received. USDA has an outdated system to calculate on feed numbers and is going to be exposed in a bid way in the coming months.


USDA is not out to project actual numbers. They are there to prevent the market from running away. If actual numbers were put out then you have several limit up days in all the pits. Look at the bids in the country, look at the basis levels. These markets have a real opportunity to become explosive.
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