NEWS
The Market's Fine Print
John Harrington DTN Livestock Analyst
Wed Feb 13, 2013 05:32 PM CST

When supply bulls started making calls last fall for the first-quarter dance in cattle country, it seemed like a hoedown impossible to resist. In fact, to the margin-starved wallflowers in the feeding business, the early year affair promised to be a combination of dating the prom queen, winning the statewide dance-off, and strutting down the red carpet on Oscar night with Angelina Jolie on your arm (Brad, give us some space).

And the formal invitations were more than just classy paper stock and engraved calligraphy. They were increasingly based on an impressive pattern of shrinking placement activity and falling on-feed ...

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