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U.S. Cattle Futures Slide Limit-Down, Sending Hog Prices Sharply Lower
NASDAQ ^
| November 16, 2015
| Kelsey Gee
Posted on 11/21/2015 11:40:43 AM PST by jjotto
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1
posted on
11/21/2015 11:40:43 AM PST
by
jjotto
To: jjotto
Weakened demand or supply finally edging back up?
CC
2
posted on
11/21/2015 11:43:43 AM PST
by
Celtic Conservative
(CC: purveyor of cryptic, snarky posts since December, 2000..)
To: jjotto
I remember when coffee opened limit down for 2 or 3 days in a row when Brazil I think it was had a deep freeze. a couple of percent sounds like a small limit down. I would figure 6 or 7%.
3
posted on
11/21/2015 11:44:18 AM PST
by
dp0622
(..)
To: dp0622
I remember when coffee opened limit down for 2 or 3 days in a row when Brazil I think it was had a deep freeze Do you mean limit up?
4
posted on
11/21/2015 11:48:24 AM PST
by
Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)
To: dp0622
Cattle prices are around three-year lows, and are expected to decline until at least 2017. It’s a long-term trend, not just a blip.
5
posted on
11/21/2015 11:50:33 AM PST
by
jjotto
("Ya could look it up!")
To: jjotto
Beef has been so bizarrely expensive for so long that I can’t help but view this as a positive, although it’s probably signaling economic weakness.
To: jjotto
I don't know who gets more beef from the store?
A)The customer paying $12.00 per pound?
(or)
B) The dumpster which gets it after no sane person will pay that much for it?
7
posted on
11/21/2015 11:59:31 AM PST
by
blackdog
(There is no such thing as healing, only a balance between destructive and constructive forces.)
To: jjotto
MMMMMMMMM! Bacon. And bacon grease for lubing some ammo.
8
posted on
11/21/2015 12:00:11 PM PST
by
rktman
(Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?!)
To: Celtic Conservative
Weakened demand or supply finally edging back up? Both, along with lower feed grain costs.
9
posted on
11/21/2015 12:02:19 PM PST
by
jjotto
("Ya could look it up!")
To: Toddsterpatriot
10
posted on
11/21/2015 12:02:42 PM PST
by
dp0622
(..)
To: Toddsterpatriot
I want to say 1992 or 1993 because I was around 24 25. Doesn’t really matter now lol. I’ve been making some money catching bounces off resistance and support on Forex. Anybody have any ideas about the long-term dollar vs. everything else.
11
posted on
11/21/2015 12:04:47 PM PST
by
dp0622
(..)
To: RegulatorCountry
"Beef has been so bizarrely expensive for so long"...........
The farmer is not getting the cost benefit. I suspect the global warming cult is lobbying to keep meat prices ridiculously high to curtail public consumption and eventually public long term buying trends.
Funny thing is that it takes a larger global footprint to eat vegan than to consume an omnivorous diet. I read once that pound for pound, lettuce is four times more polluting and carbon intensive than a pound of beef.
12
posted on
11/21/2015 12:05:41 PM PST
by
blackdog
(There is no such thing as healing, only a balance between destructive and constructive forces.)
To: RegulatorCountry
13
posted on
11/21/2015 12:32:26 PM PST
by
cripplecreek
(Pride goes before destruction, and a haughty spirit before a fall.)
To: jjotto
YEA! YEA! YEA! And yes I am shouting.
14
posted on
11/21/2015 12:37:40 PM PST
by
Lurkina.n.Learnin
(It's a shame enobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: cripplecreek
I occasionally splurge and have a steak every now and then, family birthdays and such, but what I’d regard as an inferior cut pushing $20.00 in a restaurant is just too much. They cost as much from the butcher now as they did not so long ago at that same restaurant.
To: jjotto
Didn’t Hillary make her money in cattle futures????
To: jjotto
DID SOMEONE SAY CATTLE FUTURES???
To: cripplecreek
Our Top's store here in Upstate NY has top round for $3.99 a pound....roast or steak. I buy a steak and cut it into pieces and freeze it. Very tasty.....not as good as a Delmonico...but very good.
I buy bacon and pork steaks at Aldi. Excellent! Their thin sliced pork is the best.
To: jjotto
Maybe limit down for days trading but $1.27675 a pound is still some high-priced beef.
19
posted on
11/21/2015 1:03:59 PM PST
by
mad_as_he$$
("It gets late early around here..." Yogi)
To: RegulatorCountry
Beef is nothing compared to lamb—whatever happened to the price of that?
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