Posted 8/6/2010 07:14 (#1303081 - in reply to #1302968) Subject: Re: Effect of Russian Grain situation on US cattle prices?
Good question.
The wheat news is getting a little old. Has to be discouraging to livestock producers.
I think a lot hinges on whether the Fed keeps the printing press hot....if so, then meat should re-adjust to higher costs, if higher costs actually materialize after the August crop report.