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Caustic's Crystal Ball
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<blockquote data-quote="TexasBred" data-source="post: 807514" data-attributes="member: 6897"><p>Corn is not going down. Was down one day due to some profit taking but up 12 3/4 today March and May. Farmers are already contracting some corn because lenders require it. That locks in a lot of it at the current high prices. Soybean meal well over $400 a ton in Texas with no relief in sight there either. I'd think heavier calves would continue to bring good money as it's cheaper to buy them at the heavier weights than to try to put weight on them.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 807514, member: 6897"] Corn is not going down. Was down one day due to some profit taking but up 12 3/4 today March and May. Farmers are already contracting some corn because lenders require it. That locks in a lot of it at the current high prices. Soybean meal well over $400 a ton in Texas with no relief in sight there either. I'd think heavier calves would continue to bring good money as it's cheaper to buy them at the heavier weights than to try to put weight on them. [/QUOTE]
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