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Tidbit on the cattle market
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Markwright
Posted 2/16/2011 19:46 (#1617865 - in reply to #1617593)
Subject: Re: Deal is just doing another Double up and the cowherd


New Mexico
will eventually stabilize in perhaps 5 years with 25% less cows than today.

USA cattle bus is out of people.

Risk to reward ratio sucks in the usa bus even at a double up.

Cattle have been a rather typical usa consolidated type of "bull trap, trickle down" play over time.
3 or 4 corps simply run the deal up...get some production suckers to play, then squeeze the middle and TAKE all that margin from the folks who were stupid enough to trust the system by producing some product.

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