Whoa, how’d I miss the recent rally in live cattle? It make so much sense fundamentally – Asia eating more meat, high grain prices putting the squeeze on meet production, etc…I just fell asleep at the wheel a bit here.
Here’s an article I found on BarChart regarding the livestock markets.
I also read over the weekend that Doug Casey has been buying up some meat contracts, on the logic that high grain prices will eventually equate to high grain prices. Is it time for us to pull the trigger as well here?
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