Feeder cattle were down $5cwt Thursday. Last year they changed how much the market can change in one day. I was capped at $3 but now can change $4.50 cwt and up to 150% the next day after the market closes the limit the day before.
Has other commodities been changed also?
Nearly everything is done with less now days. When I was in the chicken business I started out growing a 6.5# broiler in 9 weeks. When I sold out we were up to 8.75# in 9 weeks and now they are over 10#. I can also remember weaning calves at about 205 days in the 350-400# range. Now I wean them at 6-650# at 180 days. Some folks are getting them bigger than that.
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