And yet, live cattle markets have hardly moved much at all.
Hmmmmmm?
https://www.nasdaq.com/market-activity/commodities/le
Think I’ll run up the road on Wednesday and buy a good looking steer to fatten. Plenty of hay in the barn and even though feed may go up my rib-eyes will not be nearly $20 a pound.
After looking at the price of beef at Costco this past Saturday, I said the same thing to my wife. Like you I have plenty of hay in the barn as well.