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Cattle bubble like housing bubble?
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<blockquote data-quote="SRBeef" data-source="post: 763383" data-attributes="member: 7509"><p>USC quote: "...i was just amazed how the prices have escalated without any merits or the demand."</p><p></p><p>I think you will see there is fairly good demand for beef - at least some cuts and grades. Both domestic and export markets. As discussed below, demand did slow down after Memorial day but I feel there is a good basic underlying demand for beef in various forms and markets.</p><p></p><p>I feel we need to be careful on the futures however.</p><p></p><p>Here is a good link to an ag market program I follow every week. Part of the discussion is always about cattle:</p><p></p><p><a href="http://feedproxy.google.com/~r/MarketToMarket-MarketAnalysis/~5/aE0ociKaf8E/3541disc.mp3" target="_blank">http://feedproxy.google.com/~r/MarketToMarket-MarketAnalysis/~5/aE0ociKaf8E/3541disc.mp3</a></p><p></p><p>and their extended discussion here:</p><p></p><p><a href="http://feedproxy.google.com/~r/MarketToMarket-MarketPlus/~5/HaVw3T-VFKw/3541plus.mp3" target="_blank">http://feedproxy.google.com/~r/MarketToMarket-MarketPlus/~5/HaVw3T-VFKw/3541plus.mp3</a></p><p></p><p>Jim</p></blockquote><p></p>
[QUOTE="SRBeef, post: 763383, member: 7509"] USC quote: "...i was just amazed how the prices have escalated without any merits or the demand." I think you will see there is fairly good demand for beef - at least some cuts and grades. Both domestic and export markets. As discussed below, demand did slow down after Memorial day but I feel there is a good basic underlying demand for beef in various forms and markets. I feel we need to be careful on the futures however. Here is a good link to an ag market program I follow every week. Part of the discussion is always about cattle: [url]http://feedproxy.google.com/~r/MarketToMarket-MarketAnalysis/~5/aE0ociKaf8E/3541disc.mp3[/url] and their extended discussion here: [url]http://feedproxy.google.com/~r/MarketToMarket-MarketPlus/~5/HaVw3T-VFKw/3541plus.mp3[/url] Jim [/QUOTE]
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Cattle bubble like housing bubble?
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