Continued...

Low to Mid 90's is more likely.

The April 1st Cattle On Feed report shows a supposed lack of marketings in March which supposedly leads to a higher marketable fat supply the rest of April thru perhaps June according to some.

This industry was Extremely current all winter, as proven by the recent $100 cwt threshold. The winter affected lighter harvest weights continue on thru June, thus the March lack of marketings number is in Fact insignificant.

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