Shootin' the Bull about no more cheap corn
Swift Trading Company24 minutes ago
With the aspects of cheap corn now out of the picture, those declining cost of gains is now expected to rise. While not necessarily bullish, the report is in no way bearish. I think what it will do is shift basis, as farmers will be reluctant now to sell, knowing of the lower carryout and potential planted acres. So, one more thing the cattle feeder has to contend with.