significance of bull/cow ratio?
i was talking to a CDOW official on the phone yesterday regarding some public meetings coming up to decide if a few OTC units will go to draw units or not in the very near future. we talked about alot of different topics that brought this about. one thing that we talked about was the target bull/cow ratio #'s. the official i spoke to said the target was between 18-23 bulls per 100 cows in these particular units. do you all think these #'s are good? i don't and have my reasons but would like to hear what others think and why. any takers?