Lemmy’s Thoughts for July:
1.
It seems that the funds are chasing the corn,
feeder and live cattle futures all over the board. It doesn’t really make any
sense, but it is the way things are at the present time.
2.
Gives us some opportunities to do some risk
management if we can figure what basis to use. With diesel fuel at its present
price, cattle value changes considerably for every 100 miles of additional
freight.
3.
I am looking forward to the summer meeting in
4.
Moisture conditions are quite critical in many
parts of the Southeast at the present time.
5.
It was interesting at the ranking of beef cattle
operations in the
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CattleNetwork is
publishing an interesting series called, "Understanding the Food Supply
in |
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Sincerely, Lemmy