Fats are up - no BSE announcement yet

The ones who wear a suit and tie to work know more then us. I have looked everywhere for the answers, and everyone has an opinion. "the cow's from Texas/Neb./Canada/?" All I can figure out is the cow is NOT from the moon! I think they will release the info on the BSE test Wed. at market close so as to not create panic on the board, then everyone will have the holiday and weekend to calm down. Are you long or short the board, and for what months? It could be a ride, and hard telling what way.
 
DTN COMMENTS: ".......Speaking of the BSE sample, the board continues to entertain bullish rumors that
the USDA has found the case in question to be BSE negative. True or not, CME
traders like the story enough to lift live and feeder contracts by triple
digits. Additionally, cattle futures are being supported by another round of
early winter weather today in the Texas panhandle. "
 
J Baxter":1anby4s3 said:
Fats were up 2.35 cwt this morning at 10. Do they know something we don't?

JB

Just saw on the news that the mad cow wasn't. That's good news for us all.
 

Latest posts

Back
Top