Page 1 of 1

Live cattle basis

Posted: Thu May 11, 2017 6:15 pm
by redrobin
The basis between cash live cattle and the live cattle board is 16 dollars per cwt. That is amazingly wide and I'd expect a correction that would bring these two numbers closer to 10 dollars apart.

Re: Live cattle basis

Posted: Thu May 11, 2017 6:56 pm
by 4Diamond
Mike I thought this thing was only going up? Where you been hiding at on NAT?

Re: Live cattle basis

Posted: Thu May 11, 2017 7:11 pm
by Brad S
Right on the basis - be a lot of delivery against the board if things don't correct

Re: Live cattle basis

Posted: Thu May 11, 2017 7:55 pm
by redrobin
4Diamond wrote:Mike I thought this thing was only going up? Where you been hiding at on NAT?

what goes down must go up Brent. Wicked leg down though. Higher cash and board tomorrow I hope. Limit up? Maybe

Re: Live cattle basis

Posted: Thu May 11, 2017 7:57 pm
by redrobin
Brad S wrote:Right on the basis - be a lot of delivery against the board if things don't correct

Yep and weights were once again lighter and boxed beef up over $2.

Re: Live cattle basis

Posted: Thu May 11, 2017 10:28 pm
by Big Muddy rancher
Last week I locked some feeders in for $2.00 Can this week the best would be $1.84 Guess I should have locked some calves in last week.

Re: Live cattle basis

Posted: Fri May 12, 2017 4:06 am
by redrobin

Re: Live cattle basis

Posted: Fri May 12, 2017 4:30 am
by 4Diamond
redrobin wrote:
4Diamond wrote:Mike I thought this thing was only going up? Where you been hiding at on NAT?

what goes down must go up Brent. Wicked leg down though. Higher cash and board tomorrow I hope. Limit up? Maybe

Bring it on! Paper cowboys been getting theirs the past few days I'll say that.

Re: Live cattle basis

Posted: Sat May 27, 2017 5:28 am
by redrobin
Basis down to 12 dollars which is still too wide.