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Just after Labor Day, I asked Agman about movement of product at those price levels. He described a dramatic difference between the summer lows and the high that follows (Fats). Well, Summer lows were around $80.00 and I see some contracts are in the $90.00 area today.

Too lazy top look back for sure, but I think he said sometimes it's $16.00 higher than the low. I read that and thot, Hmmm....I don't think I expect to see anything in the mid nineties. Well, with the lack of cattle that have been on feed for any amount of time, the way cattle aren't grding, the lack of choice grading beef, I think I was too pessimistic,


PPRM
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