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Scott Varilek with Kooima Kooima Varilek says the placements figure was slightly bearish and will likely mean a lower opening on Monday but the break is likely to be bought.
Per capita availabiity of red meat and poultry is projected higher in 2025 and 2026.
High-starch diets could reduce dangerous bacteria in beef cattle, offering new food safety strategies.
Scott Varilek, Kooima Kooima Varilek, says cattle fundamentals look supportive through fourth quarter, while corn and soybeans are running into chart resistance.
Today’s U.S. trim supply is being impacted by fewer cows as well as heavier fed cattle carcasses with more fat.
The European Union will provide preferential market access for pork, has committed to streamlining requirements for U.S. pork sanitary certificates, and intends to address other non-tariff barriers affecting agricultural trade.