In a recent online poll, Progressive Cattleman asked, “What do you think of the turbulence in the cattle futures market?”
Twenty-one percent said they don’t know. Thirty-five percent said, “It's a broken market, and it needs to be reformed.” However, the majority of the readers believe that the market is still viable. Forty-four percent said, “It's just standard volatility for futures – the market remains viable.”
What do you think of the turbulence in the cattle futures market?
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It's a broken market, and it needs to be reformed: 35%
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It's just standard volatility for futures – the market remains viable: 44%
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I don't know: 21%