Vetterkind Cattle: Current Packer Inventory, Sell Call Options (CattleNetwork.com)
Story date: 2008-03-18 06:31:41
Added on: 2008-03-18 22:01:39
The cash fed cattle trade was a little active yesterday as a sharp drop in live cattle futures yesterday prompted some hedged cattle to sell on the southern plains for $89.50. Numbers that sold were small and the early trade can be viewed one of two ways, one being that packers were willing to pay $.50 lower so early in the week and the other being feedlot confidence is such that this is the ...
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