Dave
Well-known member
This question is probably for the more experienced contributors.
We know that prices run on about a ten year cycle.... give or take.
We know that on a annual basis the high is generally in April and the low generally in November.
When the market does take its big ten year nose dive (which we know will happen) which month does this generally occur? My recollection is that this occurs in Sept/Oct. Feeder cattle start coming to town and there turns out to be more of them than the market can handle so the price starts to drop. Then suddenly everyone tries to sell quickly before it goes down too far which puts even more calves on the market driving the price down further. I seem to remember this always occurring in the fall. Anyone have any memory or theory on the timing of the drop?
Dave
We know that prices run on about a ten year cycle.... give or take.
We know that on a annual basis the high is generally in April and the low generally in November.
When the market does take its big ten year nose dive (which we know will happen) which month does this generally occur? My recollection is that this occurs in Sept/Oct. Feeder cattle start coming to town and there turns out to be more of them than the market can handle so the price starts to drop. Then suddenly everyone tries to sell quickly before it goes down too far which puts even more calves on the market driving the price down further. I seem to remember this always occurring in the fall. Anyone have any memory or theory on the timing of the drop?
Dave