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Futures down, what effect today?
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<blockquote data-quote="BC" data-source="post: 1161212" data-attributes="member: 67"><p>I went to a Friday and Saturday sale. I was expecting calves to be a good deal cheaper, but was surprised to see little effect. I sold a 700 lb bull calf that brought $201/cwt.</p><p></p><p>It is all speculation. The paper traders can only make money if the futures are moving. Here in East Texas we never get offers anywhere close to the board on yearlings.</p></blockquote><p></p>
[QUOTE="BC, post: 1161212, member: 67"] I went to a Friday and Saturday sale. I was expecting calves to be a good deal cheaper, but was surprised to see little effect. I sold a 700 lb bull calf that brought $201/cwt. It is all speculation. The paper traders can only make money if the futures are moving. Here in East Texas we never get offers anywhere close to the board on yearlings. [/QUOTE]
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Futures down, what effect today?
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