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Live/ Feeder cattle should start adjusting 25%

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littlejohn   Tuesday, 06/08/21 09:58:08 PM
Re: None
Post # of 9670 
Live/ Feeder cattle should start adjusting 25%

or more higher in price due

to higher input costs...



https://finviz.com/futures.ashx


Which would be a cost adjustment

needed by cattle ranchers/producers...


Most beef price rise to date

has been on the part of the

wholesale and retail group

controlling the markets now...


Higher feed costs due to massive

rise in fertilizer costs now being

paid for by cattle producers will

now need to be paid for by consumers...


Price rise in beef at retail will

be a slow rise process over months...


Prices don't just jump all of

sudden like the nutty commodity

trading floors have been creating

in those items they trade...


So we watch...LJ






Gee Beav, rithmatic isn't usually this hard to read!
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