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<blockquote data-quote="Jogeephus" data-source="post: 486308" data-attributes="member: 4362"><p>CB, from what I gather, seems prices have slipped here too. If you look at the sales report it shows some high prices in the range they give but I wonder if this is not done intentionally to get peoples hopes up. Seems the ranges they give are the highs and the lows but the average? I don't think its based on a weighted average which, to me, is somewhat misleading. JMO</p><p></p><p>I also have a question for you. Assuming we go in a recession, what do you think this will do to cattle prices? Will more people stay home and grill out more thus increasing the demand or will demand decrease? (I know this is just one small element in a complicated pricing system)</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 486308, member: 4362"] CB, from what I gather, seems prices have slipped here too. If you look at the sales report it shows some high prices in the range they give but I wonder if this is not done intentionally to get peoples hopes up. Seems the ranges they give are the highs and the lows but the average? I don't think its based on a weighted average which, to me, is somewhat misleading. JMO I also have a question for you. Assuming we go in a recession, what do you think this will do to cattle prices? Will more people stay home and grill out more thus increasing the demand or will demand decrease? (I know this is just one small element in a complicated pricing system) [/QUOTE]
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