Where is your favorite site to check futures on cattle? I usually just look at Ag Web's site but it seems to vary from what a lot of the cow traders around here talk about. One guy told me he checks his at a "market news" site. He is suppose to get the link to me.
Checking future prices?
- Thread starter tom4018
- Start date
inbredredneck
Well-known member
- Joined
- Jun 13, 2011
- Messages
- 683
The CME
backhoeboogie
Well-known member
You can check and check and check some more. It never seems to make much of a difference.
Sell a group to a buyer and think you did okay. Take the rejects to the sale barn and do better. Go figure.
You can only hope there are two or more people looking for what you got when they go through the ring.
In '08 I bought 20 additional lightweight heifers when prices were upside down. Corn wrecked the market as we knew it. To bad I didn't buy 100. I made money on every single calf I bought and that doesn't happen often. It must have rained that winter :-)
People have told me, "You could have bought that one for X dollars?" when they come through the ring. That's never true. The person who took than animal might have been willing to pay more and all I would have done is run the price up.
Sell a group to a buyer and think you did okay. Take the rejects to the sale barn and do better. Go figure.
You can only hope there are two or more people looking for what you got when they go through the ring.
In '08 I bought 20 additional lightweight heifers when prices were upside down. Corn wrecked the market as we knew it. To bad I didn't buy 100. I made money on every single calf I bought and that doesn't happen often. It must have rained that winter :-)
People have told me, "You could have bought that one for X dollars?" when they come through the ring. That's never true. The person who took than animal might have been willing to pay more and all I would have done is run the price up.
