Sunday, September 10, 2006
Figure 115: Feeder Calf Price Line For Billings, Mt wk of 8 Sep 06
This Price Line relates Billings, Mt feeder steer prices to steer weights for the week of 8 Sep 2006. The slope of this price line at each weight is the market price slide. The curature of the line tells us that the price slide is not not linear as is often implied at video autions.