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Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
USDA Investigation - Market Manipulation
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<blockquote data-quote="farmerjan" data-source="post: 1598443" data-attributes="member: 25884"><p>If you listen to the feeder flash that Corbitt Wall does daily, you will hear today about his belief's that finally it will start to look like someone is looking out for the little guy. The actual profits they are making are running over 500 a head with the price drop in the fats and the huge increase in boxed beef because of a "shortage" that was totally bogus. Plus, not only are the cattle producers pretty pissed, but the buyers of boxed beef are really up in arms about the huge spike in prices. I think there will be some reckoning to be done this time. I think they pushed their limits a little bit too much and farmers are getting tired of bending over and "taking it" as well as the wholesale buyers who have to pass these costs on to their buyers.</p></blockquote><p></p>
[QUOTE="farmerjan, post: 1598443, member: 25884"] If you listen to the feeder flash that Corbitt Wall does daily, you will hear today about his belief's that finally it will start to look like someone is looking out for the little guy. The actual profits they are making are running over 500 a head with the price drop in the fats and the huge increase in boxed beef because of a "shortage" that was totally bogus. Plus, not only are the cattle producers pretty pissed, but the buyers of boxed beef are really up in arms about the huge spike in prices. I think there will be some reckoning to be done this time. I think they pushed their limits a little bit too much and farmers are getting tired of bending over and "taking it" as well as the wholesale buyers who have to pass these costs on to their buyers. [/QUOTE]
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NCBA, R-CALF, COOL, USDA (No Politics!)
USDA Investigation - Market Manipulation
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