A USDA report this afternoon is expected to show increased movement of cattle to feedlots as...


A USDA report this afternoon is expected to show increased movement of cattle to feedlots as ranchers unload inventory due to the brutal drought in the Great Plains. The higher meat supply could boost margins for processors like Tyson (TSN) and consumers such as Morton's (MRT).

From other sites
Comments (4)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    In the short run....if they don´t drop the sales price..but in the long term..prices will go up as less meat is out there to sell....
    21 Apr 2011, 01:17 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
     
    I have seen this picture replay itself several times in my life.
    21 Apr 2011, 01:38 PM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    Yes when we require corn to be used as fuel..instead of food....it just raises the prices up to levels where it is unprofitable...land has gone up...taxes are going up..fuel to raise and transport the corn let alone the cows is up....but hey..no inflation here say the boys in the beltway..but the man in the saddle knows....
    21 Apr 2011, 01:51 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
     
    Taxes are going up? Mine have continually gone down since the '80's.

     

    But you are right about corn for fuel instead of food.
    21 Apr 2011, 02:06 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs