Posted 3/11/2024 21:18 (#10661899 - in reply to #10660204) Subject: RE: LC
n. Illinois
The risk isn't the cattle that are ready to go now The risk is in their replacement. IE paying over $3/lbs for replacements based upon 4th Qty 24 and 1st Qty 25 fats being above $1.90. You have seen how this plays out. The packers will find a way to crush you they always do. Protect the sales in the 4th qty 2024 into all of 2025.